Buying

The Best Time to Buy in 2024 Is This Week!

Timing is everything in real estate, and if you’re thinking about buying in 2024, understanding market shifts can make a huge difference. Realtor.com recently released insights about the best time to buy in 2024, and some takeaways apply specifically to the Shawnee and Central Oklahoma area. Here’s how this national report translates into opportunities for our local market.

Why Timing Matters

In 2024, it’s projected that the best time to buy will fall between early September and mid-October, when homes are still on the market but buyer competition drops. For Shawnee buyers, this means a prime opportunity to take advantage of increased inventory and potentially lower prices.

What About Shawnee?

Shawnee has been seeing a rise in housing inventory over the last few months, and this is expected to continue. With more homes to choose from, buyers can be pickier, which could give you a stronger position in negotiations. If you’re eyeing Central Oklahoma, specifically Shawnee, this means you might have more room to negotiate prices, especially if you shop during that early fall window.

Local Market Trends

Our community is seeing market shifts similar to the national trends. Increased inventory and more motivated sellers can help make 2024 an excellent year for buying, especially if you’re strategic about timing. Whether you’re a first-time homebuyer or someone looking for an investment property, Shawnee offers a unique blend of affordability and potential appreciation.

Conclusion

If you’re thinking of making a move in Shawnee or Central Oklahoma in 2024, pay attention to market timing. The early fall months could be your window to find the perfect home at the right price.