The national news may be telling us the sky is falling, but just like in the original story, can that really be true?
According to a story in the Tulsa World Business section on Wednesday, June 16, 2010, Tulsa and Oklahoma City are included in the top metropolitan areas in the country.
The MetroMonitor has a report that indicates Tulsa and Oklahoma City are on the list of the 20 strongest metros during a recession.
The report looks at several things, two of which are the unemployment rate and housing prices.
The moral of this story is stop listening to the national media and buy your home now. This is a fantastic time to buy a house. Depending on your credit score, the interest rate on your mortgage just might be under 5%. Be honest with yourself, how much longer do you really think interest rates will remain this low? Another thing about the current market in Tulsa is there are some fantastic houses that will fit your price.
The bottom line is that this is an incredible time to buy a house in the Tulsa area.