How many times can I tell people that real estate is local and our local market is fine? Sometimes it takes a 3rd party to shed some light on a subject. According to an article in the Tulsa World newspaper,
Tulsa's housing market will lose 1.1 percent of its value before it starts to recover by the end of the year, according to an estimate by Economy.com, a division of Moody's.
You can read the rest of the article here: www.MyTulsaHouse.com
Despite the expected depreciation, the prediction was good enough to put Tulsa in a tie for the sixth-best-performing home market during the recession.
I know, I know it's hard to believe but not everywhere is a down market. Look locally for a true picture of your market and then shout it from the rooftops!
Chris Martin, CRS
A 'seasoned' veteran of 19 years in the Tulsa area housing market. You probably know someone that I have helped buy or sell a house in the Tulsa area. Visit my website for local market statistics.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
