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Oklahoma City's spring home parade keeps builders busy

New home starts were down in the first quarter, partly because of a slowdown in the depths of winter early in the year. Getting ready for the second annual Parade of Homes Spring Festival also could have distracted builders from getting new permits.
by Richard Mize Modified: May 3, 2014 at 10:00 pm •  Published: May 3, 2014

Oklahoma City-area Realtors handled 1,664 sales in March, 2.1 percent than in March 2013, with a median price of $148,246, up 6 percent, according to the Metro Association of Realtors.

The National Association of Realtors reported this week that the pace of sales of single-family homes dropped 7.3 percent compared with the pace of March 2013.

Busy builders, healthy sales and even a smaller spring home parade are good signs, Allen said. The first spring parade last year had more than 100 houses and was meant to move inventory. Having just 60 this time “shows what the economy’s doing,” he said.

Alder Fine Homes built one of two feature homes for the parade, at 3116 Lavender Lane in Edmond’s Fallbrook addition, near N Western Avenue and W Covell Road.

Foster Signature Homes has the other feature home, at 4215 Cordova Court in Norman’s Las Colinas neighborhood, near W Tecumseh Road and 48th Ave. NW.

A searchable map with details on the homes is online at www.paradeofhomesok.com.

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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