Wayne's Real Estate Blog

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Real Estate Agent - RE/MAX Grand Lake
Grand Lake, OK real estate and Economic news. Real etate updates.
  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...
Wichita area MLS   Absorption rates for various price ranges.   Last 6 months prior to 10-9-2012       $0               to      $100,000             1534 listings       5 MO’s of inventory   $100,000   to      $150,000             886 listings         4.5 MO’s of Inventory   $150,000   to      $...
  Wichita, KS Financial update for the Fall, 2012   By Wayne Short, broker/owner       Mortgage Interest rates continue at record low rates for the rest of 2012.   30 year fixed rate loans are at or below 3.5%   15 year fixed rate loans are at or below   Investors can get loans in the mid 4% rate...
  September, 2012 Real Estate Update   Wichita, KS Metro area   The south Central Kansas MLS just released their August, 2012 Wichita, metro area homes sales Figures.   Existing home sales increased 5.1% between July and August and were 9.4% above a year over year basis.  The Average sales price ...
Wichita Aviation news update   The Wichita aviation industry has taken a big hit over the last 4 years.  Since 2008 almost 13,500 aviation jobs were lost due to the down turn in the Industry.  Finally, it looks like things are turning around……..       Boeing aircraft has received over the last 9...
May, 2012 Wichita, KS metro area   Real estate update       Mortgage Interest rates continued at Record lows for May, and June 2012.  Quotes for 6-15-12 were 30 year FHA fixed rate loans at 3.25%, Conventional loans were at 3.625%.   15 year fixed rate loans were 2.875% for both FHA/VA and Conve...

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