All Is Not Bad in Real Estate As You See In The NewsWednesday, July 23rd, 2008
Seems like all we hear in the news, is the bad news no matter the topic. The same is true for real estate. The real estate market on Grand Lake in Northeast Oklahoma is not robost in all areas but prices are steady and homes are selling. Time on the market varies to type of property and if priced on the market or priced to catch someone uninformed. Over the Memorial Day holiday a few weeks ago we sold a home that was on the market four hours. It was nice and priced just under $500,000 for a Brighton Bay home on Monkey Island. Two weeks ago we sold a waterfront home in the $235,000 price range in less than two weeks time on market. It was also on Monkey Island. This week we sold a $100,000 fishing cabin right in Grove but on the water in ten days time.
The past two weeks we have also sold two waterfront homes. One just south of Patricia Island was a new beautiful waterfront home priced just under $700,000. The other home was in The Coves on Duck Creek, a really nice gated community with golf course. This home, priced alittle under a million dollars is right on the water at the mouth of Duck Creek.
Property is moving when priced right. You do no have to discount, just price on the market. Grand Lake is a great place to enjoy fishing, boating, and golf. Call Aaron Hughes at 918 801-5645 or Joe Neill at 918 640-3300 to learn more about Grand Lake real estate. We are the Grand Lake Team at RE/MAX Grand Lake in Grove and Monkey Island.