I got a call today from a gentleman who lives in Cedar Pointe and is thinking about selling his home. I figured while I'm researching the most recent comps in the neighborhood, now would be a good time for my monthly report on what’s selling, what’s not, and what’s new on the market in Cedar Pointe.

You’d be amazed at how often I get asked “What did that house around the corner sell for” or “How much is that house on X street listed for?” Especially since I live in the neighborhood. So, this report is designed to keep you up-to-date on inventory levels, then quarterly I’ll break down overall neighborhood pricing and compare it to the previous year. This combination gives us all a real pulse on the health of the Cedar Pointe real estate market. Hopefully, it will be a useful resource for all of the current home owners, and those thinking about moving here.

I'm constantly tweaking the format of this type of report, so please bear with me as I work through the logistics, and if there’s something you’d like me to include in these posts that would make them more useful, please email me. Here are the Cedar Pointe homes that closed within the past 60 days:

And here are the homes currently on the market in Cedar Pointe (Active & Pending):

**All statistical and listing information provided to and compiled by MLSGateway.com, Inc. covering a period (1/19/08) through (3/19/08). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy. Listing information is deemed reliable at the time of this posting, but subject to change without notification, and should be verified through a licensed agent for accuracy.

For more information about a specific home, or to find out how to get yours sold for the most in the shortest time, call or email me.

**THIS WAS ORIGINALLY POSTED ON MY EDMOND REAL ESTATE BLOG ON 3/20/08

Sometimes it's a challenge to make statistics fun or interesting, but either way, they're useful. Knowledge is power, and knowing the truth about what's going on in our local market will arm you, the consumer, with the tools you need when making a move on your own real estate goals.

With that in mind, here are the year-end stats for 2007, for the Oklahoma City metro area market. This includes all the surrounding suburbs, such as Edmond, Deer Creek, Yukon, Moore, Norman, etc.

As you can see, we have a lot to be optimistic about here in Central Oklahoma. I've highlighted the potential positives in green, and the potential negatives in yellow.

While the overall number of homes did see a decrease in 2007, as compared to 2006, the overall $ volume and the property values, both average and median, saw a respectable increase, in spite of this supposed 'down market.' We also saw a nice decrease in interest rates for the year.

With many markets across the country experiencing actual depreciating home values, a 5% increase certainly helps with local consumer confidence.

**Based on information provided to and compiled by MLSGateway.com, Inc. covering a period (1/01/06) through (12/31/07). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy. Listing information is deemed reliable at the time of this posting, but subject to change without notification, and should be verified through a licensed agent for accuracy.

ORIGINALLY POSTED ON MY BLOG ON 3/16/08

It’s time for my monthly report on what’s selling, what’s not, and what’s new on the market in Fairview Farms.

You’d be amazed at how often I get asked “What did that house around the corner sell for” or “How much is that house on X street listed for?” This report is designed to keep you up-to-date on inventory levels, then quarterly I’ll break down overall neighborhood pricing and compare it to the previous year. This combination gives us all a real pulse on the health of the Fairview Farms real estate market. Hopefully, it will be a useful resource for all of the current home owners, and those thinking about moving here.

Please bear with me as I work through the logistics of making this a great monthly resource for you, and if there’s something you’d like me to include in these posts that would make them more useful, please email me.

...READ MORE

After reading an article on MarketWatch earlier today, I'm starting to wonder if maybe people are beginning to 'get it.'

I know they are locally. Over the past month or so, I've found that I'm just validating people's thoughts about the market, rather than having to convince them like I've had to do over the past 6 or 8 months. It was an uphill battle previously, mostly because of all the negative national press, but lately my fellow Okies are hearing the positives in more places than just my blog or newsletter, so they're beginning to gain confidence again.

But nationally, the problem has been that almost every 'expert' has a habit of reporting the negatives in the real estate world as a nation-wide problem, rather than emphasizing that each and every market is different, and that while some markets are hurting badly, others are still thriving.

So, imagine my surprise when I read in this statement today in MarketWatch:

"For every Raleigh, there's a Ft. Wayne, Ind., where prices were down 10.5% in the fourth quarter, year over year. And for every Los Angeles, where prices were down 13.1% in the fourth quarter, there's a San Jose, where prices were up 11.2% in the fourth quarter."

Yes! Maybe, just maybe, this will catch on with more of the legit (truthful, ethical) reporters, and begin to be reported on a wider level. It sure would keep me from sounding like a broken record :)

This was originally posted on my Edmond Real Estate blog, on 3/9/08

It’s time for the March 2008 edition of my monthly report on what’s selling, what’s not, and what’s new on the market in Cheyenne Crossing.

You’d be amazed at how often I get asked “What did that house around the corner sell for” or “How much is that house on X street listed for?” Especially since I have several friends and clients who live in Cheyenne Crossing, who seem to be particularly interested in what's going on in their neighborhood.

This report is designed to keep you up-to-date on inventory levels, then each quarter I’ll break down overall neighborhood pricing and compare it to the previous year. This combination gives us all a real pulse on the health of the Cheyenne Crossing real estate market. Hopefully, it will be a useful resource for all of the Cheyenne Crossing home owners, and those thinking about moving here.

If you’re one of those who are thinking about buying a home in Cheyenne Crossing, be sure to check out the page I'm building specifically for Cheyenne Crossing. It will provide more specific details about the community, the schools, and it’s surroundings. Also, feel free to contact me with your specific questions, or to schedule your private showing of any of these homes.

Please bear with me as I work through the logistics of making this a great monthly resource for you, and if there’s something you’d like me to include in these posts that would make them more useful, please email me.

Now, normally I'd have a chart here showing the homes that have sold in Cheyenne Crossing during the past 60 days, but I can't do that this month, simply because the last home closed in the neighborhood was in December. So, this month, I'm only posting the homes currently listed in Cheyenne Crossing (Active & Pending):

**Based on information provided to and compiled by MLSGateway.com, Inc. covering a period (1/8/2008) through (3/9/2008). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy. Listing information is deemed reliable at the time of this posting, but subject to change without notification, and should be verified through a licensed agent for accuracy.

This report was originally posted on my Edmond Real Estate blog, on 3/8/08