Buyers were swayed in part by lower prices, with median sales at $150,000, representing an 11.2-percent drop from 2009.
Research showed that among buyers:
• 27 percent wanted a personal family retreat;
• 12 percent sought potential for price appreciation; and
• 11 percent took advantage of lower mortgage rates.
ARCHITECTURE TOUR
For the 10th annual Architecture Tour of the American Institute of Architects Central Oklahoma Chapter, the focus isn’t on a particular style, but the art form in general.
“This is a way to go out and experience architecture,” said Melissa Hunt, chapter executive director. “Not historic architecture, not modern architecture, just architecture.”
Scheduled from noon to 5 p.m. April 16, the Architecture Tour caps off a weeklong series of events promoting the role design plays in reshaping the metro.
Seven locations are on the tour; most are homes, two of which have been featured on previous years’ tours, but in earlier stages of construction. Tickets for the self-guided tour are $12 in advance or $15 at the door. For more information, visit aiacoc.org and read next week’s issue of Oklahoma Gazette. —Rod Lott
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