Oklahoma Economy and Real Estate MarketFriday, May 2nd, 2008
I read the Tulsa World every morning before starting my day. I usually find something interesting. The past couple of days there have been articles on unemployment in Oklahoma being under 3.5%. This is as good as I have seen in my life time.
Another article tells of the medium home price in Tulsa area being up about $5000 over last year. This goes along with what we are seeing in the Grand Lake market.
We know there is gloom and doom in many states, but Oklahoma is alive and well. Now might be a good time to invest in Oklahoma real estate and Grove, Oklahoma and the Grand Lake area is the place to be. Invest in something you can enjoy. The waters of Grand Lake offer great fishing, boating, sea-dooing, and sailing. It’s great to lay in a hammock under a nice shade tree and enjoy an afternoon reading a book too.
Our market is good but not robust, primarily due to all the national press on the bad real estate market in areas such as Florida and California. Our area did not appreciate 30% in one year like some did for three or four years in a row. Thus our market did not get over inflated. We have had a steady up market but at a much slower pace.
We have watefront homes, golf course homes, development land, investment type property, and income type property to choose from. Follow the link below to our web site and view our featured listings and search our entire MLS. Call Aaron Hughes at 918 801-5645 or Joe Neill at 918 640-3300 for more information. We are the Grand Lake Team at RE/MAX Grand Lake in Grove and Monkey Island. We hope to hear from you soon.