grand lake ok 2005 - 2010 first half of year real estate market analysis

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Grand Lake Oklahoma Real Estate Statistical Analysis. Focused on the first half performance 2010 compared to first HALF for preceeding 5 years. Also analyzed the areas with biggest change looking at FULLyears for the last five years.

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2010 Grand Lake AreaMLS Statistics

www.SlideShare.net/JeffSavage01

2010 Grand Lake AreaMLS Statistics

www.SlideShare.net/JeffSavage01

Real Estate StatisticsJeff Savage2010 Grand Lake Area

Source of Information

For the period January 1, 2005 - through June 30, 2010

FIRST HALF OF EACH YEAR - ONLY

• Based on information from the Northeast Oklahoma Board of Realtors®

All Property Types

All Property Types

Residential Waterfront

Residential Waterfront

Residential (not Water Front)

Residential (not Water Front)

Luxury Home Market

Luxury Home Market

Number of Sold Transactions

Source of Information

For the period January 1, 2005 - through December 31, 2009

FULL YEAR COMPARISON

• Based on information from the Northeast Oklahoma Board of Realtors®

Farms and Ranches

Condos and Townhomes

Commercial

Water Front Lots

FINANCING Sources

• Conventional, CASH, & FHA

• Residential Homes Sales

• OTHER – covers all other sources, including VA, “Other”, “Owner Carry” and

“Private”

ALL Finance Types – Residential Sales

CONVENTIONAL Financing

CASH Financing

FHA Financing

In Conclusion

• Water Front Homes and Lots bring buyers to Grand Lake.

• The numbers show alocal real estate market slowdown.

• Real estate is local, and Oklahomans are not buying or selling their homes

in a national housing market.

2010 Grand Lake Area MLS Statistics

www.SlideShare.net/JeffSavage01

2010 Grand Lake Area MLS Statistics

www.SlideShare.net/JeffSavage01

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