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Oklahoman
Nobody holds a parade during bad weather, but the Parade of Homes Spring Festival will go on despite a perfect storm in the housing market.
Just 50 homes are in the parade, April 23-25 and April 30-May 2 less than half as many as usual, with entries scattered from Edmond to Norman and from Yukon to Choctaw. Coronavirus precautions will be observed. Builders can’t keep inventory long enough to show during the parade, said Elisa McAlister, executive vice president of Central Oklahoma Home Builders Association, which organizes the event.
The featured neighborhood is Cross Timbers, off Covell Road between Sooner and Coltrane roads in Edmond. The parade book, with description and maps to the homes, goes online Monday. OnCue stores also will have the free guidebooks.
Oklahoma City homebuilders built more houses last year than in nearly a decade despite clouds of uncertainty.
• A global pandemic that couldn't tamp down the effect of persistent, historically low mortgage interest rates.
• An unexpected surge in demand amid a housing shortage, civil unrest and a wild presidential election year.
• A two-headed lumber price spike in September and again in December plus other rising costs and supply chain disruptions.
• All the while responding with new floor plans and designs to both the stay-at-home movement and the stuck-at-home blues.