As Homebuilder Confidence Stagnates, Deals Abound

Home builder confidence held firm this month, according to the National Association of Home Builders' monthly Housing Market Index. September's reading of 13 equaled a 17-month low.

The HMI is on a 1-100 scale. A value of 50 or better indicates "favorable conditions" for home builders.

Broken down, the Housing Market Index is actually a weighted composite of 3 separate surveys which measures current single-family sales; projected single-family sales; and foot traffic of prospective buyers.

None of the 3 September surveys improved from August:

• Single-Family Sales : 13 (unchanged from August)


• Projected Single-Family Sales : 18 (unchanged from August)


• Buyer Foot Traffic : 9 (from 10 in August)

Builder confidence is lower in 2010 than at any point in recorded history.

For home buyers in Oklahoma City , the drop in sentiment creates opportunity. With builders feeling "down", there's a greater likelihood for discounts and free upgrades. It can mean more house for your home buying money.

Plus, with the supply of both new and existing homes elevated, and foreclosures still hitting the market, conditions aren't soon likely to change.

Then, couple all that with all-time low mortgage rates and monthly housing payments look as affordable as ever.

If your plans call for buying a home in the early part of 2011, you may want to consider moving up your time frame. Today's market looks ripe for a good deal.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/as-homebuilder-confidence-stagnates-deals-abo

Case-Shiller Shows Slowing Growth In Home Prices... Two Months Ago

For the 17th straight month, the Case-Shiller Index reports that home values are rising across the United States. As compared to June, July's prices were up by 4 percent.

However, despite the improvement, July's Case-Shiller Index showed weaker as compared to prior months.

• In June, just 3 cities posted year-to-year reductions in home value. In July, 10 of 20 did.


• In June, just 1 city posted a month-to-month reduction in home value. In July, 7 of 20 did.

As a spokesperson for Case-Shiller said, values "crept forward" in July. But not that it matters -- the Case-Shiller Index is a better tool for economists than it is for homeowners in Edmond. This is for 3 reasons.

First, the Case-Shiller Index is on a 60-day delay but real estate sales are based on prices today. A lot can change in 60 days, and it often does. Therefore, the Case-Shiller Index is a better snapshot of the former market than the current one.

Second, the Case-Shiller Index is geographically-limited. It tracks just 20 cities, ignoring some of the largest metropolitan areas in the country including Houston, Philadelphia, and San Jose. Smaller cities like Tampa are included.

And, lastly, national real estate data remains somewhat useless anyway. All real estate is local, rendering citywide statistics too broad to have any real meaning to an individual. To find out what's happening on a neighborhood-by-neighborhood level, you can't look to a national survey -- you have to look to a local real estate agent instead.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/case-shiller-shows-slowing-growth-in-home-pri

Coffee Creek September 2010 Real Estate Market Report

Coffee Creek September 2010 Real Estate Market Report

• Active Listings: 13
• Under Contract: 1
• Sold August 2010 : 3

This was a surprise. Out of the 10 areas I regularly track statistics, Coffee Creek was second only to The Village in being in Seller’s Market territory. This bucks the trend for similar neighborhoods to Coffee Creek. Congratulations!

Coffee Creek Homes For Sale

Showing properties 1 - 5 of 29. See more Currently Available - Coffee Creek.
(all data current as of 9/28/2010)

1. $197,900 : 3928 Prairie Hill Ct, Edmond
   
   2 beds, 2 full baths

   Size: 1,777 sq ft

   Lot size: 6,117 sq ft
2. $270,000 : 3116 Amberwood Ct, Edmond
   
   3 beds, 2 full baths

   Size: 2,608 sq ft

   Lot size: 10,030 sq ft
3. $165,000 : 340 CROSSLAND COURT, Edmond
   
   3 beds, 2 full baths

   Size: 1,754 sq ft

   Lot size: n/a
4. $235,000 : 517 Cloudview Place, Edmond
   
   4 beds, 2 full baths

   Size: 2,164 sq ft

   Lot size: n/a
5. $242,900 : 617 Cloudview Place, Edmond
   
   3 beds, 2 full baths

   Size: 2,162 sq ft

   Lot size: 11,983 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Originally posted on okchomesellers.com

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/coffee-creek-september-2010-real-estate-marke

New Home Sales Unchanged In August; Market Stabilizing

Existing Home Sales rebounded last month after a lackluster July. New Home Sales data, by contrast, did not.

After an upward revision to July's data, New Home Sales remained unchanged at 288,000 units in August. It marks the second-lowest number of units sold in a month since 1963, the year government started its record-keeping.

At the current pace of sales, the newly-built home inventory would be depleted in 8.6 months.

The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer.

For example:

1. Building Permits dropped between March and June


2. Housing Starts dropped between April and July


3. Homebuilder confidence continues to sag

Together, these three data points suggest that the market for new homes will be soft through at least this month.

With New Home Sales fading and colder months ahead, it may be an opportune time for home buyers in Edmond to look at new construction. Builders are eager to move inventory and the cost of materials remains low.

Buying "new" may never be cheaper -- especially with mortgage rates as low as they are. The 0.750 percent drop in rates since January has shaved $188 off of a $200,000 mortgage's monthly cost. That's $2,250 per year in savings.

As home supplies dwindle and mortgage rates rise, finding "great deals" in new construction will undoubtedly get tougher. Take advantage of today's market conditions, combined with builder pessimism. It may be the right combination at the right time to get that new home for cheap.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/new-home-sales-unchanged-in-august-market-sta

New Listing | 16304 Morningside Dr Edmond OK | Muirfield Village

This is the popular, original Muirfield Village model home, back on the market.  Hickory wood floors, granite, sand textured walls, and stone fireplaces.  Barrel wood ceiling, old rustic wood beams.  Theater room, Awesome study and large master..  All the model home ‘extras’!

• 4 Bedrooms
• 4½ Baths
• Study
• Theater Room
• 4,500 Square Feet
• $750,000

16304 Morningside Drive Photos

 

Call today to schedule your private showing – 405.570.7398.

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/new-listing-16304-morningside-dr-edmond-ok-mu

Rid Your Kitchen Of Hidden Dirt And Grime

A kitchen is often a home's busiest room -- a meeting place for meals and conversation. It's also among the home's most grimy rooms. Bacteria, dirt and germs collect on floors, on countertops, and inside appliances.

In this 4-minute clip from NBC's The Today Show, you'll learn how to rid your kitchen of "nastiness".  The featured fixes use nothing but basic household cleansers and elbow grease, and they include:

• How to clean and restore wooden cutting boards and bowls


• How to remove "burn stains" from the side of a frying pan


• How to eliminate pervasive dishwasher odors

The segment also tackles why you should choose loofah over sponge, and how to catch fruit flies.

For as much time as you spend in your kitchen, it's best to keep it clean and sanitized.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/rid-your-kitchen-of-hidden-dirt-and-grime

The Municipal Building — Oklahoma City Historical Postcards

From my Oklahoma City postcard collection…

The Municipal Building, also known as City Hall, was a part of the overall Civic Center development.  It was built in 1936. The Municipal Building was built at a cost of $600,000. This is the core location of much of Oklahoma City’s government, housing the mayor, city clerk, city treasurer, city attorney and numerous city related services.

Originally posted on okchomesellers.com

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/the-municipal-building-oklahoma-city-historic

Open House Sunday September 26, 2010 | 3340 NW 170 Court Edmond OK

R

ose Creek Open House

You are cordially invited to the OKCHomeSellers Team open house Sunday September 26, 2010 at 3340 NW 170th Court Edmond OK in the Rose Creek Addition.

Time: 2:00 – 4:00 pm.

Imagine living in this Rose Creek home with arguably the best view in the area. This home overlooks the 11th hole on the Rose Creek Golf Course and pond. If you’ve played the course, you are familiar with the 11th hole and the large tree right in the middle. The tree and sprawling 11th hole are exactly what you see from all across the back of this home.

This is a 2 year old custom home built by Jim Bowers. Its’ 3800 square feet include 3 large beds and 3½ baths. The photo above shows the upstairs game room and one of the 3 wood burning fireplaces. There’s a beautiful balcony in back. The rest of the upstairs includes 2 bedroom suites, a wet bar and built-in desk area. There’s an enclosed storage area and enough space to add a fourth bedroom if desired.

Downstairs is another living area with spectacular view. The cooks will certainly enjoy the gourmet kitchen. The master suite includes a cast-stone fireplace.

The home is attractively priced at $599,000. Have a smaller home and want to move up to Rose Creek? Lets talk!

Location

View 3340 NW 170th Court Edmond OK 73012 in a larger map

3340 NW 170th Court Photos

Hosted this weekend by Charlene Wilson.

Originally posted on okchomesellers.com

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/open-house-sunday-september-26-2010-3340-nw-1

Edmond, OK Real Estate Market Conditions (September 17, 2010)

90-day stats for Single Family properties in EDMOND, OK as of September 17, 2010
Median List Price	$236,720	Average List Price	$326,989
Total Inventory	1,606	Price per Square Foot	$102
Average Home Size	2,387	Median Lot Size	32,737
Average # Beds	3.60	Average # Baths	2.77
Homes Absorbed	93	Newly Listed	91
Days on Market	146	Average Age	12

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/edmond-ok-real-estate-market-conditions-septe-0

Oklahoma City Market Update

www.altosresearch.com" />

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/oklahoma-city-market-update-8

Untitled

From my Oklahoma City postcard collection…

History

The Oklahoma City Zoo Amphitheater was the first and principal structure built in Oklahoma City by the Civilian Conservation Corps. It was established to provide jobs for economic recovery during the depression. It was constructed from native sandstone during 1935 and 1936, with workers camping near the park. The first performance was "The Circus of 21 Death-Defying Acts". Other events have included an Annual Easter Pageant, concerts, dance programs, plays, and public meetings. The Amphitheater fell into disrepair in the 1960′s, but restoration efforts began in the late 1970′s. The Zoo Amphitheatre has now evolved into Oklahoma City’s premier live concert venue.

Summer Concert Series

The Zoo Amphitheater offers some great concerts throughout its’ summer sessions. This year, among others, there were BB King / Al Green / Buddy Guy, Bob Dylan, Tim McGraw, and Foreigner / Styx / Kansas.

Seating is in excess of 6,000. Bring your blanket or lawn chair.

 

Originally posted on okchomesellers.com

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/28867179

Open House Sunday September 26, 2010 | 3009 Hackberry Oklahoma City OK

Quail Creek Open House

You are cordially invited to the OKCHomeSellers Team open house Sunday, September 26, 2010 at 3009 Hackberry Oklahoma City OK in the Quail Creek addition.

Time: 2:00 — 5:00

Location

View 3009 Hackberry Oklahoma City OK 73120 Quail Creek in a larger map

Photos of 3009 Hackberry Oklahoma City OK

Lovely Quail Creek home. Large and on one level. Three large living areas. 2 fireplaces. Completely remodeled kitchen. Large game room, TV & theater chairs stay! Parquet wood flooring. Large master suite. Lap pool in back yard. .4 acre wooded lot.

Hosted by LaDonna West.

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/open-house-sunday-september-26-2010-3009-hack

Existing Home Sales Rebound In August, Give Hope For Autumn

Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

As compared to July, Existing Home Sales rose 8 percent in August, buoyed by falling interest rates and slow-to-rise home prices. There's lot of "good deals" out there and home buyers in Edmond are taking advantage.

The housing gains are relative, however. August's total units sold barely crossed 4 million and still trails the average figures of the last few years by close to 1 million units.

Despite that, the August Existing Home Sales report can be considered a strong one. This is for several reasons:

1. Sales volume increased in August without tax credit or government intervention


2. Sales growth is not limited by geography. All 4 regions -- Northeast, Southeast, Midwest, and West -- showed improvement last month.


3. Repeat buyers are driving the market, representing 48 percent of sales, up from forty-three percent in July.

And, perhaps most important to the housing market market, the number of available home resales dropped by almost one full month last month.  At the current sales pace, the national inventory would be depleted in 11.6 months.

For home buyers, the data presents an interesting opportunity. With average mortgage rates rising from their best levels ever and home affordability cresting in places like Rose Creek , this autumn may represent the turn-around point for the housing market nationwide.

If you're planning to move in early-2011, consider moving up your time frame.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/existing-home-sales-rebound-in-august-give-ho

The Greens Neighborhood Oklahoma City OK

in Oklahoma City

The Greens neighborhood is just west of Quail Creek, west of the Lake Hefner Parkway and between NW 122nd Street and Memorial Road and extends west to Meridian, making it one square mile. The Greens has 668 homes built around The Greens Golf & Country Club. The homes were built between 1963 and 1980.

The homes in The Greens range in size from 1,700 square feet to 5,500 square feet. The average size is 2,750 square feet.

Prices over the last year have ranged from $128,500 to $559,500 and averaged $260,000.

The Greens Neighborhood Photos

 

The Greens Neighborhood Map

View The Greens Neighborhood Oklahoma City OK in a larger map

 

Homes For Sale In The Greens

Showing properties 1 - 5 of 18. See more Currently Available - The Greens.
(all data current as of 9/23/2010)

1. $259,000 : 4428 Tamarisk Dr, Oklahoma City
   
   4 beds, 3 full baths

   Size: 2,883 sq ft

   Lot size: 11,500 sq ft
2. $350,000 : 12509 Deerwood Drive, Oklahoma City
   
   3 beds, 4 full baths

   Size: 3,364 sq ft

   Lot size: n/a
3. $184,000 : 12933 Burlingame Ave, Oklahoma City
   
   3 beds, 2 full baths

   Size: 2,491 sq ft

   Lot size: 9,120 sq ft
4. $375,900 : 12808 Green Valley Dr, Oklahoma City
   
   5 beds, 4 full baths

   Size: 3,841 sq ft

   Lot size: 13,038 sq ft
5. $207,500 : 13216 Inverness Ave, Oklahoma City
   
   3 beds, 2 full baths

   Size: 2,631 sq ft

   Lot size: n/a

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/the-greens-neighborhood-oklahoma-city-ok

Housing Starts Rise In August, But By Less Than The Headlines Report

The number of single-family Housing Starts rebounded in August, climbing 4 percent from July's 14-month low.

A "Housing Start" is defined as a home on which construction has started and the August increase represents 18,000 single-family units nationwide.

If you only read the headlines, however, you would think the data was stronger. This is because the Housing Starts data is actually a composite of 3 types of homes -- single-family, multi-family, and apartments -- but  the press tends to lump them all three together.

As a sampling, here are a some headlines on the story:

• US Stock Futures Rise After Housing Starts Surge (WSJ)


• Housing Starts At 4-Month High, Hint At Stability (Fox)


• Housing Starts Jump 10.5% In August (Marketwatch)

Now, it's not that the news is wrong, per se, it's just not necessarily relevant.  Few home buyers  in Oklahoma City are buying multi-family homes or entire apartment complexes. Most buy single-family and, for the first time since April, single-family starts are on the rise -- just not by as much as you'd believe from the papers.

Even still, we can't be entirely sure that the August Housing Starts data is accurate anyway.

A footnote in the Department of Commerce report shows that, although single-family starts are said to have increased 4 percent, the data's margin of error exceeds its actual measurement, meaning the data has "zero confidence".

In other words, starts may have dropped in August, but it's something we won't know for sure until revisions are made later this year.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/housing-starts-rise-in-august-but-by-less-tha

Lone Oak (Edmond OK) September 2010 Real Estate Market Report

Lone Oak is a large community in the Deer Creek School area and west of Edmond.

Lone Oak September 2010 Real Estate Market Report

• Active Listings: 34
• Under Contract: 3
• Sold August 2010: 7

Lone Oak is typical in showing increased monthly inventory of listings, I feel, as a result of the decline of buyers following the expiration of the first time buyer tax credit in May. Currently Lone Oak has about an 8 month supply of inventory, clearly a buyer market.

Lone Oak Homes For Sale

Showing properties 1 - 5 of 34. See more Currently Available - Lone Oak.
(all data current as of 9/22/2010)

1. $283,900 : 4700 Nw 151st Ter, Edmond
   
   3 beds, 2 full baths

   Size: 2,460 sq ft

   Lot size: 11,926 sq ft
2. $295,000 : 16300 WINDING PARK DRIVE, Edmond
   
   4 beds, 3 full baths

   Size: 2,700 sq ft

   Lot size: n/a
3. $173,000 : 5101 NW 164th Ter, Edmond
   
   3 beds, 2 full baths

   Size: 1,638 sq ft

   Lot size: 7,150 sq ft
4. $217,500 : 4713 NW 159th St, Edmond
   
   3 beds, 2 full baths

   Size: 1,900 sq ft

   Lot size: 8,512 sq ft
5. $226,000 : 4705 NW 159, Edmond
   
   3 beds, 2 full baths

   Size: 2,000 sq ft

   Lot size: 9,000 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/lone-oak-edmond-ok-september-2010-real-estate

A Simple Explanation Of The Federal Reserve Statement (September 21, 2010 Edition)

Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.

The Fed Funds Rate remains at a historical low, within a Fed's target range of 0.000-0.250 percent.

In its press release, the FOMC said that the pace of economic recovery "has slowed" in recent months. Household spending is increasing but remains restrained by high levels of unemployment, falling home values, and restrictive credit.

For the second straight month, the Federal Reserve showed less economic optimism as compared to the prior year's worth of FOMC statements dating back to June 2009. However, the Fed still expects growth to be "modest in the near-term".

This outlook is consistent with recent research showing that the recession is over, and that growth has resumed -- albeit at a slower pace than what was originally expected.

The Fed also highlighted strengths in the economy:

1. Growth is ongoing on a national level


2. Inflation levels remain exceedingly low


3. Business spending is rising

As expected, the Fed re-affirmed its plan to hold the Fed Funds Rate near zero percent "for an extended period".

There were no surprises in the Fed’s statement so, as a result, the mortgage market's reaction to the release has been neutral. Mortgage rates in Oklahoma are thus far unchanged this afternoon.

The FOMC’s next meeting is a 2-day affair scheduled for November 2-3, 2010.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/a-simple-explanation-of-the-federal-reserve-s

Homes For Sale

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/homes-for-sale

The Federal Reserve Meets Today. Should You Lock Your Rate Before It Adjourns?

The Federal Open Market Committee adjourns from its 6th scheduled meeting of the year today, and 7th overall.

Upon adjournment, Federal Reserve Chairman Ben Bernanke will release a formal statement to the market. In it, the Fed is expected to announce "no change" to the Fed Funds Rate.

Currently, the Fed Funds Rate is within a target range of 0.000-0.250 percent.  It's been at this same level since December 2008.

Note that the Feds Funds Rate is not "a mortgage rate" -- nor is it a a consumer rate of any kind. The Fed Funds Rate is a rate that defines the cost of an overnight loan between banks. And, although the Fed Funds Rate has little direct consequence to everyday Oklahoma City homeowners, it is the basis for Prime Rate, the interest rate on which most consumer cards are based, plus many business loans, too.

Therefore, because the Fed Funds Rate won't change today, neither will credit card rates.  Mortgage rates, however, are a different story.  Mortgage rates should change today -- regardless of what the Fed does.

It's more about what the Fed says.

In its statement, the Federal Reserve will highlight strengths and weaknesses in the economy, and threats to growth over the next few quarters. Depending on how Wall Street interprets these remarks, mortgage rates may rise or fall.

If the Fed's comments signal better-than-expected growth, bond markets should lose and mortgage rates should rise. Conversely, if the Fed's comments signal worse-than-expected growth, mortgage rates should fall.

If you're actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed's announcement today. The Fed adjourns at 2:15 PM ET.  Call your loan officer to lock your rate.

The Fed meets 8 times annually.

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/the-federal-reserve-meets-today-should-you-lo

Unique Homes Across The Country

If a home is an expression of personality, then these 10 homes say something unique about their owners.

Culled by Zillow, this list of one-of-a-kind properties make for excellent party conversation. There's the "round house", the geodesic dome, the firehouse home, and the earth-ship, among others.

Some highlights from the collection:

• The Shoe House (Hallham, PA) : The Shoe House was completed in 1949. It's pink, it's made of stucco, it's 25-feet tall, and in the shape of a workboot. Oh, and every window is decorated with a stained glass shoe.


• The Cave House (Festus, MO) : This 15,000 square foot home is tucked inside a mountain, and consists of three chambers -- one for the bedrooms, one for laundry and storage, and one where musicians like Bob Seger once performed. Because of geothermal and passive solar heat, this home is extremely energy-efficient.


• The Decommissioned Missile Site House (Othello, WA) : If you've ever dreamed of owning a decommissioned Titan 1 missile complex, than this is the home for you. Located roughly 3 hours east of Seattle, this home is built to withstand nuclear blasts. It's a 6-story descent to the 125-foot diameter "center room" with 65-foot ceilings.  Missiles not included.

A few of the properties as listed by Zillow are for sale and most have accompanying pictures. Unfortunately, buyers of the homes should expect to pay cash because getting a mortgage for a unique home can be veritable challenge.

(Image courtesy: Zillow)

via Posterize

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/unique-homes-across-the-country

Oklahoma City Historical Area September 2010 Real Estate Market Update

I’m defining the Oklahoma City historical area as the following communities: Heritage Hills, Mesta Park, Crown Heights, Edgemere, Gatewood, Crestwood and Linwood.

Oklahoma City Historical Area September 2010 Real Estate Market Report

• Active Listings: 89
• Under Contract: 23
• Sold August 2010: 9

The average number of sold properties per month has been declining over the last several months and now the available inventory stands at nearly 9 months placing the market well into the buyers market area. Sold homes over the last month averaged 67 days on the market and sold for 94% of the final list price.

Oklahoma City Historical Area Homes for Sale

Showing properties 1 - 5 of 82. See more Currently Available - Historical Area.
(all data current as of 9/20/2010)

1. $229,600 : 3144 NW 22nd St, Oklahoma City
   
   4 beds, 3 full baths

   Size: 3,064 sq ft

   Lot size: 7,500 sq ft
2. $77,900 : 912 NW 21st ST, Oklahoma City
   
   2 beds, 1 full bath

   Size: 1,530 sq ft

   Lot size: n/a
3. $69,900 : 3601 NW 16th, Oklahoma City
   
   3 beds, 1 full bath

   Size: 882 sq ft

   Lot size: 6,000 sq ft
4. $43,000 : 3521 NW 21, Oklahoma City
   
   2 beds, 1 full bath

   Size: 806 sq ft

   Lot size: n/a
5. $170,000 : 812 Nw 19th St, Oklahoma City
   
   3 beds, 1 full bath

   Size: 2,636 sq ft

   Lot size: 7,000 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/oklahoma-city-historical-area-september-2010

Lakehurst Neighborhood Oklahoma City OK

Oklahoma City

Just west of Nichols Hills, between May Avenue and Lake Hefner sits the Lakehurst neighborhood. Lakehurst consists of 387 homes built between 1961 and 1977.

Lakehurst’ prime location has always made it popular. In the 1960’s, it was the place to go see the Christmas lights!

Home sizes range from 1,350 square feet to 4,350 square feet. The average size is 2,450 square feet. Prices over the last year have ranged from $145,000 to $484,000.

You’ll find homes in Lakehurst all the way from complete retro vintage to completely remodeled homes.

Lakehurst Neighborhood Photos

 

Lakehurst Location

View Lakehurst Neighborhood Oklahoma City OK in a larger map

Homes For Sale In Lakehurst

Showing properties 1 - 5 of 5. See more Currently Available - Lakehurst.
(all data current as of 9/19/2010)

1. $275,000 : 3009 CHARING CROSS RD, Oklahoma City
   
   3 beds, 2 full baths

   Size: 3,082 sq ft

   Lot size: n/a
2. $240,000 : 3033 Finchley Ln, Oklahoma City
   
   3 beds, 2 full baths

   Size: 2,446 sq ft

   Lot size: 12,120 sq ft
3. $310,000 : 8625 Lakehurst Dr, Oklahoma City
   
   3 beds, 2 full baths

   Size: 3,720 sq ft

   Lot size: 12,000 sq ft
4. $359,000 : 8717 Lakehurst Dr, Oklahoma City
   
   4 beds, 2 full baths

   Size: 2,977 sq ft

   Lot size: 12,000 sq ft
5. $328,500 : 2901 Finchley Ln, Oklahoma City
   
   3 beds, 2 full baths

   Size: 2,777 sq ft

   Lot size: 12,960 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Originally posted at Oklahoma City Real Estate Blog

Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/lakehurst-neighborhood-oklahoma-city-ok