Tulsa Real Estate Update: No Crash in Sight for Tulsa Mortgage Market
Are you worried about a Tulsa housing market crash? Don't be. Unlike 2008, today's Tulsa real estate  market is different.  Experts agree: a crash is not expected in the near future. Why Tulsa Home Prices Are Stable The key factor is Tulsa housing inventory .  For a crash to occur, there would need to be an oversupply of Tulsa homes for sale . Currently, we're experiencing the opposite – an undersupply. This is true even with recent inventory growth. Three Key Factors Impacting Tulsa Real Estate Inventory Existing Tulsa Homes for Sale:   While there are more existing homes on the market compared to last year, the overall supply remains low. This means there simply aren't enough homes available to cause a price drop. New Home Construction in Tulsa:   Although new home construction has increased, it's not a cause for concern.  Tulsa home builders  are actually playing catch-up after years of underbuilding. Distressed Property (Foreclosures/Short Sales) in Tulsa:   Tha...