National market report

Commercial and residential real estate news from around the U.S.


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From the New York November issue: There’s mixed news coming out of Tulsa recently. The number of homes sold in August hit 738, a 5.4 percent uptick from the previous month, the Greater Tulsa Association of Realtors reported in October, but a 24 percent decline from the same time period a year earlier. The median sales price fell from $140,000 to $131,000 month-over-month, according to Tulsa World, although the median price is still up from August 2009, when it clocked in at $127,652. Still, these uneven figures haven’t been enough to dissuade some market analysts from being bullish. Last month, real estate analysis group Local Market Monitor ranked the greater Tulsa area the best place for “conservative investors” to buy a home. Click here for more real estate headlines from around the country. Compiled by Amy Tennery