Market Watch: 7 States Surpass Pre-Pandemic Inventory—Discover the Next 3 on the Rise!
The housing market is shifting, and rising inventory levels across key states signal opportunities for savvy investors. Seven states have already surpassed pre-pandemic inventory levels: Tennessee, Texas, Idaho, Florida, Colorado, Utah, Arizona, and Washington. Three more are close behind: Oklahoma, Alabama, and Oregon.
Why Inventory Matters for Investors
As inventory rises, markets that were once overheated may see home price growth cool, or even decline. This creates ideal buying conditions for investors who are ready to capitalize on these changes. Understanding which states are approaching pre-pandemic inventory levels is crucial for making informed investment decisions.
The Next 3 States to Watch
Oklahoma
Oklahoma stands out as a prime investment opportunity. With a combination of affordable housing and consistent population growth, the state is well-positioned for a rebound. Cities like Oklahoma City and Tulsa are experiencing rising inventory levels, which could lead to more favorable buying conditions for investors. As the market stabilizes, home prices may begin to cool, making this an excellent time for buyers to enter. Additionally, Oklahoma's low cost of living, robust job market, and increasing demand for housing make it a compelling choice for long-term investment. Those looking to capitalize on emerging markets should keep a close eye on Oklahoma’s evolving real estate landscape.Alabama
With booming sectors in Birmingham and Huntsville, Alabama's rising inventory could signal a temporary dip in prices, offering an entry point for investors seeking cash-flow properties in fast-growing markets.Oregon
Portland and other Oregon cities are seeing inventory return to normal. This could provide a rare opportunity for investors previously priced out during the Pandemic Housing Boom.
The Takeaway for Investors
With Tennessee, Texas, Idaho, Florida, Colorado, Utah, Arizona, and Washington already back above pre-pandemic inventory levels, and Oklahoma, Alabama, and Oregon on the brink, this is an opportune time for investors. Increased supply and tempered price growth in these states offer the chance to invest in growing, high-demand regions before the next surge.
If you’re interested in exploring investment opportunities in Oklahoma, the Justiz League Real Estate Team is just a message away. We’re here to help you navigate this evolving market and find the perfect investment for your portfolio.
Stay informed, time your investments, and position yourself for long-term success.
Sources: Realtor.com, ResiClub, Mortgage News Daily