Welcome to today’s real estate news roundup! In this edition, we’ll explore the latest trends and developments shaping the housing market in 2024. Forbes Advisor predicts a potential transformation on the horizon, with mortgage rates hitting record lows and an increase in resale inventory providing more options for buyers. While affordability remains a challenge, there are signs of progress, including builders rolling out incentives and a slight easing in builder confidence. We’ll also take a closer look at the Catholic Charities Caritas Casita affordable housing project in Oklahoma City, which aims to address the critical need for affordable housing in the community. Plus, we’ll dive into the exciting world of the Oklahoma City Thunder and their official NBA site, where you can catch up on the latest scores, stats, and news. Lastly, we’ll explore the innovative approach taken by Oklahoma City in selecting its new police chief, involving community-driven feedback to foster trust and collaboration. And don’t miss the updates from Oklahoma State University, where enhanced student support services have been introduced to better serve military-affiliated, nontraditional, and transfer students. So, let’s dive in and discover more about these fascinating stories!
Housing Market Predictions For 2024: When Will Home Prices Be Affordable Again? – Forbes Advisor
The housing market is on the brink of a transformation as we head into 2024. With summer sales showing tepid results, there’s a glimmer of hope that the market could see more activity towards the end of the season. This optimism stems from mortgage rates hitting their lowest in over a year and an increase in resale inventory, providing buyers with more options. The median price for new homes has dipped below that of resale homes, and builders are rolling out incentives to attract buyers. However, experts caution that a real shift in momentum hinges on a significant drop in mortgage rates to improve affordability and encourage homeowners to sell, thereby increasing inventory. Amid these changes, the U.S. home prices still posted a gain, indicating a persistent challenge in affordability. Yet, with potential federal rate cuts and a slight easing in builder confidence, the market might be inching towards a balance. This evolving landscape offers both challenges and opportunities for prospective homebuyers navigating the highs and lows of home prices, mortgage rates, and inventory levels.
Learn more about the future of home buying in 2024
Catholic Charities Caritas Casita affordable housing project in OKC
Unfortunately, no content was provided to summarize. However, the Catholic Charities Caritas Casita project in Oklahoma City represents a significant step towards addressing the critical need for affordable housing in the community. This initiative showcases the commitment of Catholic Charities to support and uplift those in need by providing safe, reliable, and affordable living spaces. While details are scarce without the original article content, projects like these are vital for fostering community development and ensuring that all members have access to basic necessities such as housing.
Learn more about the Caritas Casita project here.
Thunder – The official site of the NBA for the latest NBA Scores, Stats & News. | NBA.com
Get ready to dive into the electrifying world of the Oklahoma City Thunder! The official NBA site dedicated to the Thunder brings you up close and personal with your favorite team like never before. From the latest scores and standings to in-depth stats and player news, this is your ultimate destination for all things Thunder. Whether you’re a die-hard fan or just getting into the game, our site offers exclusive content, highlights, and interviews that bring the excitement of NBA basketball right to your screen. Stay updated with game schedules, ticket information, and special features that celebrate the spirit and passion of the Thunder community.
Catch all the Thunder action here!
Community-Driven Feedback Used In Selection Of New OKC Police Chief
In a groundbreaking approach to selecting Oklahoma City’s new police chief, the city embarked on a six-month nationwide search that actively involved the community. A diverse group of 50 stakeholders from various sectors provided invaluable insights into the qualities they desired in their next police chief. The consensus highlighted the need for an engaging, strategic, inspirational leader who values continuous improvement. Among the hopefuls was community leader Jabee Williams, who emphasized the importance of a chief willing to engage directly with the community and address their concerns.
The search attracted 23 applicants from across the United States and Canada, reflecting a wide interest in the position. Feedback from the community played a crucial role in shaping the recruitment process, from developing the interview questions to screening candidates. Oklahoma City’s Fraternal Order of Police President, Mark Nelson, expressed optimism about the selection process and its focus on leadership to boost morale and address critical issues such as officer shortages. Newly appointed Chief Ron Bacy is committed to building up the department and enhancing retention, with support from figures like Oklahoma County Sheriff Tommie Johnson, III, who praised Bacy’s dedication to community and officer well-being.
This inclusive, community-driven approach marks a significant step forward in fostering trust and collaboration between the police force and the residents of Oklahoma City. It sets a promising precedent for how law enforcement leaders can be chosen in the future.
Learn more about this innovative selection process
Announcing new names and expanded services for student support | Oklahoma State University
Oklahoma State University (OSU) is excited to unveil significant updates to its student support services, specifically tailored for military-affiliated, nontraditional, and transfer students. In a move to better serve the diverse needs of its student body, OSU has introduced new names and enhanced missions for these dedicated offices. The Military-Affiliated Student Support, formerly known as Student Veteran Success, aims to more inclusively represent veterans, active and reserve duty service members, National Guard members, military family members, and ROTC Cadets. This change reflects OSU’s commitment to acknowledging the unique challenges faced by the entire military community. Additionally, the office previously known as Transfer Student Success has been rebranded as Nontraditional and Transfer Student Support, highlighting OSU’s focus on providing specialized support for nontraditional students and those transferring from other institutions. With these updates, OSU continues its dedication to fostering a supportive and welcoming environment for all students, ensuring they have access to the resources needed for success.