Oklahoma City-area housing breaks free from recession chain

Homes are selling faster and builders are ramping up construction across the metro area, and the Central Oklahoma Home Builders Association is getting ready for its 67th annual Parade of Homes, with 120 new houses in five neighborhoods open free to the public for nine days Sept. 29 through Oct. 7.
by Richard Mize Modified: August 24, 2012 at 9:42 pm •  Published: August 25, 2012

Association members — builders, developers and associate members such as suppliers, subcontractors and marketing specialist — working together to present “the very best of the best” of the industry, he said. This year's event will be the 67th annual Parade of Homes.

“We are very blessed to live in a city and state that remains a leader on a national front with respect to the homebuilding recovery, which is a prime indicator of our national economic recovery. This year's Parade of Homes is a shining example of our economic improvement within the homebuilding industry,” Dinnes said.

Oklahoma housing is helping lead the national recovery, agreed Lorna Koeninger, president of the Oklahoma City Metro Association of Realtors and an associate with Paradigm AdvantEdge Real Estate.

“It may be a slow recovery, but it will still be a recovery. Nationally, the economists are seeing the same trends. Buyers are looking locally to buy a home and settle in a strong Oklahoma economy.”

Linn said his agents were busy with relocations even before he joined his company with Coldwell Banker Select. He said he expects that kind of brokerage to just increase as the year progresses.

“We have a lot of relocation coming in here. We've got several of the energy companies that are transferring in here. We're working with several of those clients, for example, Continental Oil out of Enid, Okla., and we're also working with the Boeing Co. out of Wichita, Kan., who are building a new facility here.”

by Richard Mize
Real Estate Editor
Real estate editor Richard Mize has edited The Oklahoman's weekly residential real estate section and covered housing, commercial real estate, construction, development, finance and related business since 1999. From 1989 to 1999, he worked...
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