House Hunting in Oklahoma City Is Getting Easier—Here's Why

Over the past couple of years, searching for a home in Oklahoma City has been challenging. Low inventory, rising interest rates, and swift-moving listings made it tough for buyers to find their dream homes. However, the market is beginning to shift in favor of buyers.

Inventory Is Growing—A Positive Sign for Buyers

One of the significant hurdles for buyers recently has been the scarcity of homes for sale. Now, that's changing. The number of homes on the market is increasing, providing buyers with more options and reducing the intensity of bidding wars.​

Several factors contribute to this positive trend:​

• Mortgage Rate Stability: While rates are higher than pre-2020 levels, they've stabilized enough to give sellers more confidence to list their homes.​

• Life Changes: Homeowners who postponed moves due to market uncertainties are now proceeding, whether due to family growth, job relocations, or lifestyle changes.​

Seasonal Trends: Spring traditionally sees increased real estate activity, and this year is no exception.

Listings Are Up Year Over Year

It's not just a seasonal uptick; listing activity this year is stronger than in previous years. This surge provides buyers with more choices and opportunities to find homes that fit their needs and budgets.​

What This Means for You

If you've been hesitant to enter the housing market, now might be an opportune time. With more homes available and a less frenzied market, buyers can take the time to find the right fit without the pressure of immediate competition.​