Grand Lake Real Estate over 4th July Holiday 2008Wednesday, July 9th, 2008
We just had a great 3 day run of the July 4th holiday. The weather on Grand Lake was terrific, people came, and a great time was had. The Duck Creek fireworks were awesum and the Point Marin fireworks on Monkey Island were also enjoyed by many. Boaters enjoyed the waters of Grand Lake. All in all things could not have been much better.
Real estate markets are local, we hear all the time but many times we forget. Currently we hear of all the bad housing markets in California, Nevada, or Florida and think the housing market is bad everywhere. We forget these areas doubled in price and with a 30% decline, home values in these areas are still much higher than 2004 prices. The markets in these areas simply got carried away and now they are saddly paying the price. On Grand Lake in NE Oklahoma, we have enjoyed a steady price apprecaition in the 10% range for waterfront homes over the past several years and prices are holding steady today.
This past week our Grand Lake Team at RE/MAX Grand Lake has went non stop working sales and listings with our clients. Sunday evening we put a very nice home in The Coves, a sought after gated community on South Grand Lake under contract. This home was listed close to the one million dollar mark. On Tuesday we put a Cedar Oaks condo under contract. Cedar Oaks is a 55+ community in the $150-300,000 price range. These people who bought looked through the holiday and then made their choice after careful consideration. We have a large commercial listing coming together that we will soon have on the market. If you are interested in a proven money maker in a great location call Aaron Hughes at 918 801-5645 or Joe Neill at 918 640-3300 to learn more. This listing will be silent and a confidentality agreement will be signed before we talk about it, but you won’t be disappointed.
We also strive to have something for everyone and just listed a darling waterfront cottage for $99,999. If you want an affordable, clean, great location home on the lake this is it. Don’t tarry on this one, because this is a one of a kind. You just do not find a lake home under $100,000 these days but here it is.
All in all, things are A-OK on Grand Lake. You too can enjoy the laid back times at the lake, make family memories, and just have fun! Go to our website link, www.grandlakeokhomes.com and enjoy looking at our featured listings and then give us a call.