Real Estate Market on Grand Lake/Grove, OK

The Oklahoma economy has withstood the current economic storm much better than many parts of the country. It is true some have lost jobs but by and large most are working, real estate prices are steady, and life goes on. We are just getting ready to begin our new real estate season which normally kicks off about March 1 depending on the weather. Last season prices were steady, our RE/MAX Grand Lake volume was up and we in general we had a terrific year. We think 2009 will be a steady market with somewhat lower volume but it remains to be seen. Sometimes even in our steady market and decent economy you can find a deal in this real estate market.

We have just listed a new home in Patricia Island Estates, Grove’s finest Golf and Lake subdivision that might just be the deal you are looking for. This investor owned new home was started for the investor by a  builder who does good work but got caught in the economic squeeze and could not finish the home. The investor has hired another quality local builder this time to finish the home but not without loosing several months of time and heart ache. Because of the ordeal with his original builder, he is just sick of his investment and wants out. The home is finished, looks great, and is quality built with granite countertops. The floors have a mix of wood, tile, and carpet. The home is 2664 square feet m/l and has 3 bedrooms, 2 baths, and a large bonus room. It has a spacious 3 car garage. This home is priced ready to move in at $225,000. This is only $84.46 a square foot, a figure unheard of in today’s world and prices to build new homes. The owner is loosing money but just wants to close out this deal asap and move on. His loss can be your gain if you act in time. This home has many extras and is quality built, not some thrown together deal.

Call Aaron Hughes at 918 801-5645 or or Joe Neill at 918 640-3300 or for more information on MLS list number 09-420. We are the Grand Lake Team at RE/MAX Grand Lake in Grove, OK.

You too can enjoy the good life of northeast Oklahoma on beautiful Grand Lake. It is a wonderplace to call home as a retirement home, family home, or second home on the lake. You can search all the Northeast Oklahoma Board of Realtors MLS listings at the button above.