The highlights of the 2024 market include 1) interest rates stabilized and even began the trek downward, 2) home sales increased, and 3) home values increased.
Looking at the data below, we can finally answer the question: Was 2024 a Buyer's or Seller's market in West Norman?
Let's dig into the details about each of these:
Prices are Dropping!!! It’s here. It’s time. Brace yourself and be ready. Builder sentiment. Mortgage applications. Price drops. Interest rates. Median Sale Prices. What do these all have in common? They are signs of the doomsday that has come. Market slowdown. Summer of Hell. Most significant contraction since 2006. Recession. Financial reset.
Dave Ramsey Said What About the Housing Market Crash??? What Could He Possibly Mean?
The Only Question is “When?” “Has Oklahoma reached another 2008 Market Crash?” This is the question burning in most people’s minds when I speak to them about buying or selling homes right now. But what really even happened in Oklahoma in 2008? And what should we expect to come next?