My Blog

My First Quarter 2012 Real Estate Market Analysis for the Grand Lake area is now complete.

To briefly REVIEW the First Quarter results, let me give you a few quick insights:

• TOTAL Dollars Spent on Real Estate is UP 15% from last year (2011)
• TOTAL number of PROPERTIES of all types sold is UP 34%
• Dollars spent on HOMES is UP 16%
• Dollars spent on WATERFRONT HOMES is UP 24%
• Number of HOMES sold is UP 35%
• Conventional Financing is UP 33% or almost $3 Million
• Number of Conventional Financing LOANS is UP 67%
• Cash Financing is UP 55% or almost $3 Million
• Dollars spent on South Counties HOMES is UP 13% or around $1 Million

If you would like a one page analysis broken down into about 20 categories with dollars, number of properties, percentages and differences between 2012 and 2011, let me know and I will send it to you as an Adobe Acrobat document. 

My First Quarter Real Estate Market Analysis will be completed around mid-April.  I try to give the other Realtors a week to 10 days after the quarter is over to complete their paperwork and post those sales.

At that time, I will post the updated detailed analysis at my SlideShare account - www.SlideShare.net/JeffSavage01

To briefly PREVIEW the First Quarter 2012 results, let me give you a few quick insights:

• TOTAL Dollars Spent on Real Estate is UP 19% from last year (2011)
• TOTAL number of PROPERTIES of all types sold is UP 36%
• Dollars spent on HOMES is UP 16%
• Dollars spent on Grove HOMES is UP 21%
• Number of HOMES sold is UP 42%

If you would like a one page recap showing about 20 categories broken down to SOLD $s, @ SOLD, Average Price and %age of market, let me know and I will send it to you.  That will be available early April.

Please see me for your Real Estate needs.

I presented Real Estate Trends at Grand Lake at Grand Lake Area Real Estate Symposium 02/17/2012. You will find my complete presentation at

          http://www.SlideShare.net/JeffSavage01

If you don't take anything else from the presentation, I want you to know that the real estate market is UP 6.5%, home sales are UP 9%, water front homes are UP 18% and Luxury Homes ($500,000 +) are UP 22%.  This comparison looks at total dollars spent in that category when comparing 2011 to 2010.

The analysis looks at the period 2005 to 2011, and breaks the real estate market at Grand Lake into about twenty different elements.

American Bass Anglers will hold its American Fishing Tour National Championship tournament in Oklahoma for the first time ever at Grand Lake.

The 2012 ABA AFT National Championship Tournament will be held October 24-26 at Grand Lake O'the Cherokees in Grove, Oklahoma.  Anglers can practice on the lake for three days prior to the event.

The tournament draws top weekend anglers from 40 states who qualified through 80 divisional events held throughout the year.  The top 500 points holders from those tournaments may compete in the national championship and share in the over $150,000 total purse.  The winner will receive a new fully rigged Triton bass boat powered by a Mercury outboard and a MotorGuide trolling motor - a package that sells for more than $60,000.

BASS and the Tulsa Sports Commission announced that the 2013 Bassmaster Classic will be held at Grand Lake on February 22-24, 2013, with weigh-ins and other events held @ the BOK Center in Tulsa.

This will be the 43rd edition of the Classic, commonly called "The Super Bowl of bass fishing".  There will be the top 54 anglers from the various tournament tours with the most recognized names in fishing.

The Classic draws tens of thousands of people and hundreds of sports writers.  It will include pre-tournament events, an outdoor expo, performances by country music stars and some dramatic weigh-ins inside the BOK Center.

Shreveport hosted the February 2012 event.