Norman, OK Real Estate News

By Erelopro Out of Business, Relocation Professionals are out of business
(erelopro)
Realtors Call: (800) 900-2807 or visit www.eLeadMarketing.com to find out how to receive 12 - 20 Home Buyer Contacts per month! Relocating to Norman, Oklahoma will allow you to live in a city that has the cozy, close-knit appeal of a Norman Rockwell painting. Norman's warm and inviting environment is a key component to the city's incredible quality of life. But this is no sleepy small town—Norman is an important hub for commerce, education, and research as well as a world class center for the arts and culture. Ideally situated just twenty miles south of Oklahoma City, Norman is the third largest city in Oklahoma with over 100,000 residents. Relocating professionals from around the globe choose to live in Norman, Oklahoma thanks to its role as one of the world's most significant centers ...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
2009 is finding the mortgage industry without good loans for investors. Fannie Mae has reigned in the number of properties financed to 4 total, and no company wants to back 10% down conventional investor loans. We have an answer. The East Village is a new condo project just over a mile from the University of Oklahoma. That state school is well endowed and growing, and college towns have a regular turnover of renters, so it is not related to how the job market is doing. With the loss of jobs in the U.S. this is an important point for investors because vacancy really reduces the return on investment. Right now we are offering one and two bedroom condos and lofts, and we also have three bedroom town homes with 2 car attached garages. The prices start at $78,600 and go to $180,000. Two four...
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By Pam Ghanaati
(Metropolitan Real Estate)
Even here in Norman, Oklahoma with a pretty stable real estate market, we are seeing properties linger on the market.  And after a house sits for several months, informed sellers will make a price reduction.  And in the unfortunate event of a pending foreclosure or short sale, sellers will sell at just about any price they can get.  Now for the silver lining:  homebuyers can get a really good price on a really good home, especially if they can look past the little stuff.  Some of the houses are vacant, some have had not-so-good renters in them, and some have not been taken care of very well.  In tough economic times, people have to pay for food, gas to get to work, and rent or mortgage payments.  They end up having little or no money to take care of necessary repairs and upkeep.  Many b...
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By Derik Keith, Keith Home Team - Metro Brokers of Oklahoma
(Metro Brokers of Oklahoma)
  PRICE REDUCED!  Remodeled Kit/custom cabinets & lighting. All Jenn- air stainless appliances,18" diagonal tile floors,breakfast nook & bar, 2 living areas, 2 din areas,premium hardwood floors,100gal saltwater aquarium,recently painted inside & out,alarm system,fenced in-ground pool,finished garage w/ cabinets/wk bench/tool area. 1 mile from campus   For more pics and info please visit www.TheGreatRealEstate.com, or call Derik Keith at 405/255-CASH Your home SOLD GUARANTEED or we will buy it. Sell your home with us and receive 3% CASH REWARD up to $10,000.   
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By Gwen Holmes-Arveson
(Metro Brokers of Oklahoma)
Castlerock, one of Norman's most popular subdivisions continues to thrive.  Now at 6 phases and over 550 households, Castlerock continues to be one of the areas most sought after communities.  According to information provided to, and compiled by MLSGateway.com, * Inc. for the month of February 2007, the average days on the market totaled 115.The same source also indicates sold values for February, ranged from $200,000 to $267,000.  The average price per foot of these solds was $90.63 foot. Currently, there are seven homes on the market, priced from $189,000 to $469,900.Located just off I 35, Castlerock's convenient location offers "easy living" with quick access to Roosevelt Elementary, Journey Church, St. Mark's Catholic School and St. Mark's Catholic Church.  An active homeowner's as...
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By Gwen Holmes-Arveson
(Metro Brokers of Oklahoma)
With a population just over 100,000, Norman is the third largest city in Oklahoma.  The 2000 census reported 38,834 households, and 22,562 families residing in the city.  It is located just twenty miles south of Oklahoma City on I-35.   Named after Abner E. Norman, a US land office surveyor for the Indian Territory, Norman was platted by the railroad, prior to the famous land run of 1889.   But April 22, 1889, the population sprang up as the run of settlers came to claim a home in the Unassigned Lands in Indian Territory.Today Norman is home to the University of Oklahoma.  It is a city with a real "down home" feeling.  With the median price for housing in the mid 120's, Norman is not only affordable, but desirable. New home construction is thriving and the real estate market is stable o...
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