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Kinder Team Report-Total Market Overview for Week Ending 04/08/08

04-19-08
Jay Kinder
Jay Kinder: Real Estate Agent in Lawton, OK
  • view my blog
  • Office: (580) 248-2600
  • Mobile: (580) 591-6404


As part of our weekly market update, please find the weekly Kinder Team Report - Lawton Total Market Overview. We publish this data weekly to provide detailed insight into the inner workings and trends for the real estate marketplace in the Lawton area.
This past Sunday, Home and Garden Television aired the 25 Biggest Real Estate Mistakes that give insider secrets on how to avoid costly blunders on the most important investment of your life. HGTV brought together some of the top real estate experts to compile a definitive list of the biggest mistakes made when buying and selling your home.
The show will air again this Sunday and Monday. Click on the link below for more information and how to get the list of the 25 Biggest Real Estate Mistakes.
Ready to Get Outside The Box?



If you or someone you know is interested in becoming a Real Estate Professional and joining one of the Top Real Estate Teams in the country, check out www.SuccessWithJayKinder.com!

If you know of anyone that would benefit from this report please have them check out www.LawtonRealEstateReport.com to sign up.

This information is obtained from Paragon MLS and deemed reliable but not guaranteed. If you wish to no longer receive this update then please reply.

Thanks,

Jay Kinder

"The Kinder Team Report - Lawton Total Market Overview Report Definitions"

Active Listings: Active listings in Paragon (MLS).

Pendings: Listings which have received an acceptable offer from a buyer and are on the way to closing.

Pending Ratio: Pendings / Active Listings (by price range)

Expired Listings: Listings which have been ‘rejected by the market' in the past six months. This is a rolling six-month (we calculate by going back 180 days from the date of the report) set of listings which were listed for sale and ‘rejected' by the market and the sellers decided to pull or withdraw them and take them off the market.

Closings: These are homes which were listed for sale, received an offer and closed with a new buyer. This is a six-month rolling total (180 days back) of all homes sold.

Sold/Mo: Number of houses sold over a six months (180 day period) / 6

Months Inventory: Active Listings divided by Sold/Month. Note: Although many months of listings show for any price range, the average days on the market is normally significantly lower. This is due to the fact that there are normally a substantial amount of homes that are mis-priced or grossly overpriced. Days on Market is driven by the homes that actually sell vs. Months of Inventory.

Average List / Sold Price: These are the averages for all homes that have sold in the past 180 days. MLS Data calculated for the average list and sales price for every home sold in the respective price range.

List to Sales Ratio: Average List Price / Average Sales Price

Days on Mkt.: Average days the homes in the price range that sold over the 180 day period.

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Kinder Team Report - Total Market Overview for Week Ending 4/11/2008

04-17-08
Jay Kinder
Jay Kinder: Real Estate Agent in Lawton, OK
  • view my blog
  • Office: (580) 248-2600
  • Mobile: (580) 591-6404


As part of our weekly market update, please find the weekly Kinder Team Report - Lawton Total Market Overview. We publish this data weekly to provide detailed insight into the inner workings and trends for the real estate marketplace in the Lawton area.

I was sent this quote early in the week and like it so much that I want to share it with you.
You have control over three things: what you think, what you say, and how you behave. To make a change in your life, you must recognize these gifts are the most powerful tools you possess in shaping the form of your life. - Sonya Friedman
Here is this weeks update of Real Estate in the Lawton Area: (the definition of each category is explained below)



If you or someone you know is interested in becoming a Real Estate Professional and joining one of the Top Real Estate Teams in the country, check out www.SuccessWithJayKinder.com!

If you know of anyone that would benefit from this report please have them check out www.LawtonRealEstateReport.com to sign up.

This information is obtained from Paragon MLS and deemed reliable but not guaranteed. If you wish to no longer receive this update then please reply.

Thanks,

Jay Kinder

The Kinder Team Report - Lawton Total Market Overview Report Definitions

Active Listings: Active listings in Paragon (MLS).

Pendings: Listings which have received an acceptable offer from a buyer and are on the way to closing.

Pending Ratio: Pendings / Active Listings (by price range)

Expired Listings: Listings which have been ‘rejected by the market' in the past six months. This is a rolling six-month (we calculate by going back 180 days from the date of the report) set of listings which were listed for sale and ‘rejected' by the market and the sellers decided to pull or withdraw them and take them off the market.

Closings: These are homes which were listed for sale, received an offer and closed with a new buyer. This is a six-month rolling total (180 days back) of all homes sold.

Sold/Mo: Number of houses sold over a six months (180 day period) / 6

Months Inventory: Active Listings divided by Sold/Month. Note: Although many months of listings show for any price range, the average days on the market is normally significantly lower. This is due to the fact that there are normally a substantial amount of homes that are mis-priced or grossly overpriced. Days on Market is driven by the homes that actually sell vs. Months of Inventory.

Average List / Sold Price: These are the averages for all homes that have sold in the past 180 days. MLS Data calculated for the average list and sales price for every home sold in the respective price range.

List to Sales Ratio: Average List Price / Average Sales Price

Days on Mkt.: Average days the homes in the price range that sold over the 180 day period.

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Kinder Team Report - Total Market Overview for Week Ending 4/4/2008

04-06-08
Jay Kinder
Jay Kinder: Real Estate Agent in Lawton, OK
  • view my blog
  • Office: (580) 248-2600
  • Mobile: (580) 591-6404


As part of our weekly market update, please find the weekly Kinder Team Report - Lawton Total Market Overview. We publish this data weekly to provide detailed insight into the inner workings and trends for the real estate marketplace in the Lawton area.

The following are local positive news reports in regards to the real estate market in various parts of the State of Oklahoma. Oklahoma is OK.


- http://www.durantdemocrat.com/articles/2008/03/28/news/doc47ed18eba134a837650888.txt

Here is this weeks update of Real Estate in the Lawton Area: (the definition of each category is explained below)



If you or someone you know is interested in becoming a Real Estate Professional and joining one of the Top Real Estate Teams in the country, check out www.SuccessWithJayKinder.com!

If you know of anyone that would benefit from this report please have them check out www.LawtonRealEstateReport.com to sign up.

This information is obtained from Paragon MLS and deemed reliable but not guaranteed. If you wish to no longer receive this update then please reply.

Thanks,

Jay Kinder

The Kinder Team Report - Lawton Total Market Overview Report Definitions

Active Listings: Active listings in Paragon (MLS).

Pendings: Listings which have received an acceptable offer from a buyer and are on the way to closing.

Pending Ratio: Pendings / Active Listings (by price range)

Expired Listings: Listings which have been ‘rejected by the market' in the past six months. This is a rolling six-month (we calculate by going back 180 days from the date of the report) set of listings which were listed for sale and ‘rejected' by the market and the sellers decided to pull or withdraw them and take them off the market.

Closings: These are homes which were listed for sale, received an offer and closed with a new buyer. This is a six-month rolling total (180 days back) of all homes sold.

Sold/Mo: Number of houses sold over a six months (180 day period) / 6

Months Inventory: Active Listings divided by Sold/Month. Note: Although many months of listings show for any price range, the average days on the market is normally significantly lower. This is due to the fact that there are normally a substantial amount of homes that are mis-priced or grossly overpriced. Days on Market is driven by the homes that actually sell vs. Months of Inventory.

Average List / Sold Price: These are the averages for all homes that have sold in the past 180 days. MLS Data calculated for the average list and sales price for every home sold in the respective price range.

List to Sales Ratio: Average List Price / Average Sales Price

Days on Mkt.: Average days the homes in the price range that sold over the 180 day period.

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Lawton Home Values Increase......

03-14-08
Paul Durry, Broker Associate, CHMS, I.R.E.S.
Paul Durry, Broker Associate, CHMS, I.R.E.S.: Real Estate Agent in Lawton, OK
  • view my blog
  • Office: (580) 248-4400
  • Mobile: (580) 620-3247
  • Secondary: (580) 248-4525

FOR IMMEDIATE RELEASE

LAWTON HOME VALUES INCREASE BY 5.68 PERCENT IN 2007

OAR's "Good Thing You're in Oklahoma" Campaign To Present the Facts About the Oklahoma and Local Real Estate Markets

OKLAHOMA CITY, Oklahoma, March 6, 2008 - Home values in Lawton increased in 2007 by nearly six percent, according to a report released today by the Lawton Board of REALTORS®. The report, based on local and statewide polling sponsored by the Oklahoma Association of REALTORS® (OAR) contradicts national media coverage on a national residential housing downturn.

The report is part of OAR's "Good Thing You're in Oklahoma" campaign, a research-based effort to inform home buyers and sellers about the facts in Oklahoma's housing market.

Lawton residential real estate bucked the national trend in both home values and sates volume in '07. The average sales price for an existing home in Lawton rose by 5.68 percent last year, from $109,668 in 2006 to $115,902 in 2007. Statewide, the average sale price for an existing home in Oklahoma increased by 4-24 percent in 2007, from $143,669 in 2006 to $149,758 in 2007.

"While the real estate industry in some parts of the country is facing some serious challenges, today's report underscores the fact that home ownership throughout Oklahoma continues to be an affordable, stable and secure investment," said Tammy McCullar, OAR president "Our 'Good Thing You're in Oklahoma' campaign is designed to present the facts about the Oklahoma housing market, which remains an affordable, stable and secure source of value as a long-term investment."

Since 2002, the average sales price of an existing home in Lawton has risen by an average of 8.61 percent per year. The average sales price for an existing home in Lawton in 2007 reflects almost a 51 percent increase from the 2002 average sales price for an existing home of $76,702.

"The housing market in our part of the state is trending in a positive direction and not reflecting what's happening on a national level. That's why we believe it's important that Lawton residents know the facts about our community," said Betsy Parks, 2008 president of the Lawton Board of REALTORS® - one of the 25 OAR local boards in the state. "The most important fact emerging from our research is that home values remains a bargain, compared to almost any housing market in the nation, and a great investment in terms of the increasing value of our residential property".

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Blog_tag

Lawton Home Values Increase......

03-14-08
Paul Durry, Broker Associate, CHMS, I.R.E.S.
Paul Durry, Broker Associate, CHMS, I.R.E.S.: Real Estate Agent in Lawton, OK
  • view my blog
  • Office: (580) 248-4400
  • Mobile: (580) 620-3247
  • Secondary: (580) 248-4525

FOR IMMEDIATE RELEASE

LAWTON HOME VALUES INCREASE BY 5.68 PERCENT IN 2007

OAR's "Good Thing You're in Oklahoma" Campaign To Present the Facts About the Oklahoma and Local Real Estate Markets

OKLAHOMA CITY, Oklahoma, March 6, 2008 - Home values in Lawton increased in 2007 by nearly six percent, according to a report released today by the Lawton Board of REALTORS®. The report, based on local and statewide polling sponsored by the Oklahoma Association of REALTORS® (OAR) contradicts national media coverage on a national residential housing downturn.

The report is part of OAR's "Good Thing You're in Oklahoma" campaign, a research-based effort to inform home buyers and sellers about the facts in Oklahoma's housing market.

Lawton residential real estate bucked the national trend in both home values and sates volume in '07. The average sales price for an existing home in Lawton rose by 5.68 percent last year, from $109,668 in 2006 to $115,902 in 2007. Statewide, the average sale price for an existing home in Oklahoma increased by 4-24 percent in 2007, from $143,669 in 2006 to $149,758 in 2007.

"While the real estate industry in some parts of the country is facing some serious challenges, today's report underscores the fact that home ownership throughout Oklahoma continues to be an affordable, stable and secure investment," said Tammy McCullar, OAR president "Our 'Good Thing You're in Oklahoma' campaign is designed to present the facts about the Oklahoma housing market, which remains an affordable, stable and secure source of value as a long-term investment."

Since 2002, the average sales price of an existing home in Lawton has risen by an average of 8.61 percent per year. The average sales price for an existing home in Lawton in 2007 reflects almost a 51 percent increase from the 2002 average sales price for an existing home of $76,702.

"The housing market in our part of the state is trending in a positive direction and not reflecting what's happening on a national level. That's why we believe it's important that Lawton residents know the facts about our community," said Betsy Parks, 2008 president of the Lawton Board of REALTORS® - one of the 25 OAR local boards in the state. "The most important fact emerging from our research is that home values remains a bargain, compared to almost any housing market in the nation, and a great investment in terms of the increasing value of our residential property".

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