The government has bailed out their third company this month. AIG, Fannie Mae, and Freddie Mac have all been bailed out in hopes to assist our nations economy.
I personally feel that the government should have left it alone so our economy can take it's natural cycle. We may be in for a longer housing slump with these bailouts. The government has only put off the inevitable, so what should we expect in 2009?
As for Tulsa, OK I feel values will remain strong, continuing to grow. Oklahoma has been growing at a consistent 4%-6% for several years. Unlike the west coast which saw spikes of up to 20+% growth in values, what goes up must come down sometime...........
I would love to hear what you have to say on the situation.
If you are in a market that is failing and you are looking for affordable living and one of the top 10 economies in the nation, consider Tulsa, OK. I can be your resource. Have a successful day!