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MARKET STATISTICS FOR OKC METRO JULY 2017

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MARKET STATISTICS FOR OKC METRO JULY 2017

INFO THAT HITS US WHERE WE LIVE… Home ownership is still popular. The National Association of Realtors (NAR) 2017 National Housing Pulse Survey reports 84% of respondents believe buying a home is a wise financial decision. The NAR president summarized the findings: “Building equity, wanting a stable and safe environment and having the freedom to choose their neighborhood remain the top reasons to own a home.”

The chief economist at property information firm CoreLogic says “the market continues to benefit from improved economic growth.” Their CEO adds, “the rebound in the U.S. housing market continues to gather steam.” A national listing site found that the biggest homeowner regret was not choosing a larger home, while the biggest renter regret was continuing to rent instead of buying. Credit scores are rising, as the national average FICO score hit 700 for the first time in history. FICO’s vp for scores and analytics said a 700 score is considered “very good credit.” Better credit scores can get buyers more favorable mortgage terms.

MARKET STATISTICS FOR OKC METRO JULY 2017

BestOklahomaHomes.com And there you have it, my Dear Reader – MARKET STATISTICS FOR OKC METRO JULY 2017.

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