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: Thanks to stricter lending standards for Tulsa home loans, there are far fewer foreclosures than in 2008. This means fewer distressed properties are entering the market.

What This Means for Tulsa Home Buyers and Sellers

The current market conditions in Tulsa favor sellers due to limited inventory. However, buyers can still find opportunities by working with a knowledgeable Tulsa mortgage lender who can help them navigate the competitive market.

Bottom Line

Don't let fears of a crash deter you from exploring the Tulsa real estate market. With low inventory and stable prices, now could be a great time to buy or sell a home in Tulsa. Click here to book a phone chat with Mike so we can discuss your best next steps.  Or call/text us at 918-236-2945.

Disclaimer: This post is for informational purposes only and should not be considered financial advice. Consult with a qualified professional for personalized guidance on your Tulsa mortgage or Tulsa real estate needs.









Location: Tulsa, OK, USA

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