Why Not Buy Now on Grand Lake in Oklahoma?Thursday, May 29th, 2008
We all read stories in the newspaper or hear comments on TV and radio everyday about poor economy, high gas prices, and housing crisis. I do not want to belittle these problems in many parts of the country nor look down on the under privledged in Oklahoma. However, Oklahoma’s broad based economy in general is great. Unemployment is 3% or less across the state, housing prices are steady and more affordable than many sections of the country, and while we dislike high gasoline prices and its does put a burden on many, countless others are prospering from the higer energy markets. Oil fields are hiring at good wages, royalty owners and oil people have money to spend and it is trickling down in the Oklahoma economy.
The point of all this, if you feel comfortable with your economic status, don’t feel guilty about buying a home at Grand Lake. You need a retreat away from the fast paced life we all lead. Real estate at Grand Lake is not robust but deals are happening everyday. Prices are basically steady but as in all markets there are some deals to be found. There is a nice selection of waterfront homes, golf course homes, and lakefront building lots. Homes and lots in Grove or Monkey Island, The Points, or The Coves offer many fine luxury homes. Equally nice but lessor priced homes or lots can be found in the more remote areas of Zena or Northeast of Grove.
Interest and sales of waterfront homes and lots in particular have picked up over the recent Memorial Day holiday. For best selection of homes or lots on the market I would not tarry if a new lake property in on your horizon. Now is a good time to buy on Grand Lake.
Follow the link to our web site with our featured listings and the entire MLS of the Grand Lake area. For more information call Aaron Hughes at 918 801-5645 or Joe Neill at 918 640-3300. We are the Grand Lake Team at RE/MAX Grand Lake in Grove and Monkey Island.