Real Estate on Grand Lake in NE Oklahoma has been more active in 2011 than the previous year. Grand Lake MLS data shows the most growth in sales over 2010 to be in homes above $300,000 in price. The total number of homes for sale are about 3% lower than a year ago. Sold dollar volume is up 14% over last year. I do not put alot of stock in the average sales price figure but none the less, the average sales price was up 10%.
All in all, there are a good number of waterfront homes to pick from. However, with little new building activity the past three years we can see a time where good desireable waterfront homes will be hard to find. The Oklahoma economy is picking up nicely, with most tax collections up over 10% from a year ago showing a healthy economy is coming back in Oklahoma. Unemployment in Oklahoma is in the 5-5.5% range which is not far from normal for Oklahoma.
What does all this say? We think it says the economy is improving, real estate prices while mostly stagnant the past 3 years will probably start to move up next year with selection of good desireable properties not as good. Interest rates are at all time lows. We think this adds up to a good time to buy real estate on Grand Lake. If you have been thinking retirement home on Grand Lake or a second or weekend home on Grand Lake now might be the time to take the plunge before everyone catches on and prices go higher while selection goes down.
For help in finding your dream property on Grand Lake, call the Grand Lake Team. We know Grand Lake real estate and can help you make a wise market choice as well as find just the right place for your dreams. Call Aaron Hughes at 918 801-5645 or aaronhughes@remax.net or Joe Neill at 918 640-3300 or jneill@remax.net. You can make an investment choice that helps your net worth as well as an investment in your friends and family with property on Grand Lake.
Joe Neill
Hughes & Neill Grand Lake Team
Joe Cell 918-640-3300
Fax 918-786-9890
Facebook http://www.facebook.com/joeneill01
LinkedIn http://www.linkedin.com/in/joeneill01
jneill@remax.net
http://www.okgrandlakerealestate.com/




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Patricia Island Estates a Golf and Lake Community on Grand Lake
Patricia Island Estates is a wonderful golf and lake community on Grand Lake at Grove, Oklahoma. Grove, OK is a well known spot for retirees to settle and enjoy the good life on Grand Lake. Patricia Island Estates is Grove’s premier golf and lake subdivision. You will find homes at Patricia Island priced from $175000 to over one million dollars. There are waterfront homes with terrific views, golf course homes again with great views, and lesser expensive patio style homes. The area is very pretty, homes are all very nice and well kept no matter what price point they are in and there are no dues to pay unless you elect to join the golf club or the swim and tennis club. Both of these clubs offer low dues and many hours of enjoyment but again if you don’t want to golf, swim, or tennis then no dues.
We have one waterfront building lot on Patricia Island to offer at $255,000 with a GRDA dock permit for a 30′ boat slip in a deep water channel. The lot has 150′ of waterfront and is a level to very gentle slope to the lake. It is Grand Lake MLS #10-740.
Golf course lots start at $54,500 for a great lot, Grand Lake MLS #10-2410. Interior lots close to golf course and swimming pool begin at $21,000, Grand Lake MLS #11-878.
Patricia Island is also enjoyed by weekenders for that second home on Grand Lake. Whether you are a retiree wanting to relocate to carefree small city living with big city services or a family wanting a weekend retreat, you should check out Patricia Island Estates with our team.
Call Aaron Hughes at 918 801-5645 or aaronhughes@remax.net or Joe Neill at 918 640-3300 or jneill@remax.net . We are the Grand Lake Team at RE/MAX Grand Lake and can make your Grand Lake property search fun and more inclusive. We look forward to visiting with you about all Grand Lake and Grove, OK have to offer.
Joe Neill
Hughes & Neill Grand Lake Team
Joe Cell 918-640-3300
Fax 918-786-9890
Facebook http://www.facebook.com/joeneill01
LinkedIn http://www.linkedin.com/in/joeneill01
jneill@remax.net
http://www.okgrandlakerealestate.com/