Grand Lake Real Estate News
Wednesday, March 21st, 2012Today’s Tulsa World Business Section (March 21, 2012) has a bold and large type headline “Home Market on the Rise” Also sub head line states “Sales, Construction Up”. The article goes on to say home sales for January and February are the highest since 2008 and 20.3% ahead of last year. Article says weather has of course helped but has a quote stating “Buyers are starting to regain their confidence and make purchases again”. We feel confidence has been the one key element holding back many buyers who have solid jobs and credit. The economy is improving and will improve more as people start to make purchases they have put off such as a new home.
The above news is for the Tulsa, OK area and is great news. On Grand Lake we have not yet seen this much of a jump in sales but things are for sure on up swing. We have found, the Grand Lake market usually lags the Tulsa market on the start since a large percentage of the home sales on Grand Lake are waterfront homes used as second homes on Grand Lake. We also do have a large market of retirees who move to Grand Lake for their retirement home on the lake. Retirees have been holding back and some working longer before taking the move to enjoy years of working and settling in to a relaxed life style on the lake. Many retirees come to Grand Lake because they know their married kids and grandkids will love to come visit them in such a great setting. Grand Lake has access to three major airports all within an hours drive which is very handy for todays families strung out all across the country. We have excellent health care with the new Integris Grove Hospital and wonderful health care professionals. I saw an email forum one day this week where one writer in the forum was telling another, “don’t wait too long to retire and enjoy the good life, do it while health is good and you can enjoy some wonderful years”. I thought how true this is.
We feel like the spring and summer selling season on Grand Lake will be very good this year and is just starting. We have a nice inventory of waterfront homes, golf course homes, and lakeview homes on Grand Lake to choose from with many at very attractive prices. Prices are better than we have seen in years and interest rates remain at all time lows. It almost seems like a no brainer to think buying that family lake home or retirement home now. These are good reasons to buy a lake home on Grand Lake now.
If you would like to know more about Grand Lake real estate, please contact our Grand Lake Team at RE/MAX Grand Lake, Aaron Hughes and Joe Neill. We know the lake area, the MLS listings, and where the good deals are. Contact Aaron at aaronhughes@remax.net or 918 801-5645 or Joe at jneill@remax.net or 918 640-3300. We hope to hear from you soon.