Real estate finance rates have dropped a good deal in past week and our now getting to place if you are wanting a second home on Grand Lake or a full time home on the lake or in Grove, OK now is the time to start the process. Rates have peaked but we doubt they trend too much lower than present mid 6% conventional loan 30 year rates.
Buyer interest has been slower seasonal wise and with previous higher rates up close to 8% peak. Sellers are not near as hard to deal with as they have been past couple years but we are guessing when spring run of buyers comes out we will still see low inventory of homes for sale and higher prices with more people seeking a Grand Lake home.
Enjoy Christmas and then call Amy Wright of Keller Williams Realty Grand Lake. Amy has been an established Grand Lake Realtor for years, knows the area, will be honest in sharing her opinions on homes/locations, and work hard to find you just the right place for your needs and desires whether that second home on Grand Lake or full time home in the lake area or Grove, the largest city in the area. Call/Text Amy at 918 791-1594