Grand Lake OK Real Estate Market Update

The real estate market here at Grand Lake in Northeast Oklahoma continues to be positive. Homes not on lakefront remain active as more people move into the area full time. The pricing also is holding fairly strong as well. Even with that being said, it’s not uncommon to see offers on homes which are 10%, 15% or even 20& below the asking price. There is a mistaken perception that prices have fallen here like they have in other parts of the country. It is simply not true. To see for yourself when buying a home here, look at a number of homes to compare asking prices and differences in the property. Then have your agent provide comparative information on homes which have recently sold.  From this you can get a fairly good idea what a home might actually sell for. Be sure to work with an experienced, successful, and reputable real estate agent to help with insight into the market. They usually are the individuals or  a team who advertise everywhere. It is expensive for them to do it and they couldn’t afford it unless they are successful. It’s a good way to make an initial judgement on who would be best for you to work with in both buying or selling a home in the area. Much better than just walking into an office and taking your chances.

Lakefront homes are still in high demand at Grand Lake. The number of people looking in the upper price ranges has slowed a little due to the current uncertainty of the economy, but it is still good and is getting more active as the weather warms. People are starting to think more about the lake. It’s a great place for families to be together and get together. On top of that, it is a good investment which has appreciated in value in the past. This is expected to continue in the future. You also get to enjoy your investment and possibly get a tax deduction too! That’s a win, win, win situation. You can see all the homes for sale by clicking on the View Properties button at the top left of this page.

Dave & Debbie Wagenblatt, The Get “Grand” Results Team©, are top producing Realtors® with REMAX Executives at Grand lake, OK. To learn more about the Grand Lake area and community visit their web site www.SurfGrandLake.com. If you have questions email or give us a call.


You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

AddThis Social Bookmark Button

Comments are closed.