Re: Oklahoma City real estate market
Check out Zillow.com
First things first... get pre-approved for a loan .. if you think you'll have any issues with your credit score, try to get that resolved before you try to qualify.
Better score equals better interest rate.
Pay down debt and save up as much as you can now for your down payment. Consider closing costs too.
You can't really time the market. But, in my opinion, I think prices here will remain relatively stable but I still think we'll see some homes depreciate in some areas. It will take homes longer to sell (giving you as a buyer a huge bargaining advantage).
You have to think of a house as a home to live and raise a family in... and not always as an investment.
Weigh out the pros and cons of home ownership vs renting .....would the money you are spending on rent be close to what you would pay for a mortgage payment? If it is, then you might think seriously about buying.
In my opinion, the most important thing is Location.
Good schools are so important, (whether you have kids or not), safe neighborhood, proximity to amenities etc etc. will help you sell your home in the future regardless of what the market does.
" You've Been Thunder Struck ! "
Bookmarks