Wayne's Real Estate Blog

Economic update for the Grand Lake areaof NE Oklahoma. New businesses and expansions coming to the Grand Lake area creating up to 500 new jobs over the next 4 years.A new 120 room hotel is being added to the Shangri-La Golf Resort on Monkey Island at Grand Lake. The new hotel will be accessible b...

  Market Summary for Residential Real estate   in NE Oklahoma. November, 2014 Report.     The big news is the absorption rate for Grand Lake area real estate has dropped to the lowest level in twelve months and is 80% of the level in May of this year.  There is now only 12 months of inventory ava...

  August, 2014   Marketing information for the Grand Lake, OK Real Estate Market   Previously I have added quite a bit of graphs, charts and numerical data on the Grand Lake real estate market.  Today I think I will just do a little more narrative report on Sales Activity.   Only one piece of dat...

The Federal Reserve is spending billions per month to purchase mortgage-backed securities ($45 billion) and U.S. Treasuries ($40 billion), thus holding down interest rates for both.  This program cannot continue and the stock market is all ready reacting (lower values) to a anticipated reduction...

  Real Estate up date for the Grand Lake, OK market area   Data provided by the NE OK MLS for July, 2013   &   Wayne “SHORTY” Short   RE/MAX Grand Lake       Statistics for Real estate sales and Listings for the Metro area:  Grand Lake is unique in the wide price range of properties on the market...

  May, 2013 Housing Report   Grand Lake, OK Metro area   NE Oklahoma MLS Statistics for the month of May, 2013   Categories May 2012 May 2013 Change         Closed unit Sales 61 74 +21.31% Closed Volume(x1000) 11,161 11,870 +6.36% Median Sales price $96,500 $111,750 +15.80% Average sales price $1...

  Real Estate Update for Grove, Ok   & Grand Lake, May, 2013       National Update:        Home prices for Single family homes increased in 89% of United States Cities in the 1st quarter of 2013 as the housing recovery shakes off a five year slump in values.  133 of 150 of major market areas had ...

NE Oklahoma MLS Real Estate data for the four months of 2013 Delaware County, OK (Grand Lake area)   04-24-2013 Post:   The first four months of 2013 show 318 homes were listed with a total of 471 residential homes on the market.  There are 27 homes pending/under contract and 90 homes have sold/...

  October, 2012 Wichita Area Home Sales Data     Existing home sales in October, 2012 increased 17.3% over September, 2012 according to dada released by the South Central Kansas MLS.  They also increased 37.1 % over October, 2011.  Total sales of existing homes thru October, 2012 were 8% above th...

  October, 2012   South central Kansas MLS housing report   (Wichita, KS Metro area)       Existing sales for September, 2012 fell by 20% from the prior month and were 8.1% lower than September 2011.  Total YTD sales were up 325 units from a year ago. Existing home inventories continue to fall an...