Lake Texoma Real Estate Update for January 2012




It's RAINING! It's POURING! It's COLD! NOW is the perfect time to BUY your PREMIER Lake Texoma property for a good price! Brookshire's Grocery and Retail Center will break ground at NEW Highway 289, (Preston Road) and Highway 120 in February 2012. Rialto Movie Theatre will reopen its majestic doors in downtown Denison in February 2012. Highport Marina's Island Bar and Grill will reopen in February 2012 with a new delectable menu. NOW is the time to BUY. And, according to local realtors, many savvy investors are heeding this advice! Local real estate market conditions (average price, number sold, etc.) reveal the following statistics from NTREIS: From January 1, 2012 to January 26, 2012, 34 listings in the Pottsboro and Denison area were SOLD or PENDING, compared to a year ago for the same time period in 2011, when 26 listings in the Pottsboro and Denison area were SOLD or PENDING. That is a 30% increase for 2012, and inventory continues to dwindle as active listings decline 12.4% in Denison, 18.1% in Pottsboro from December 2010 to December 2011. Key drivers of resort property sales are employment rates, retiring Baby Boomers, affordability, new attractions to the area, and interest rates. Employment rates have risen and consumer confidence has risen 15 points in the last month. Lake property affordability has improved as interest rates have fallen further to 3.98% from 4.23% in October of 2010. Additionally, the Denison area was named as one of the top 10 least expensive urban areas in the U.S., according to the ACCRA Cost of Living Index. A cold, wet wintry day is certainly the BEST time to purchase a PREMIER Lake Texoma property. BUY now and be ready to enjoy the beautiful Spring weather! Simply search laketexoma.com real estate to find your once-in-a-lifetime lake property. More updates to come in February...




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Lake Texoma Current Weather Alerts

There are no active watches, warnings or advisories.

 

Lake Texoma Weather Forecast

Friday

Chance Thunderstorms

Hi: 77

Friday Night

Mostly Cloudy

Lo: 70

Saturday

Chance Thunderstorms

Hi: 78

Saturday Night

Rain Showers

Lo: 65

Sunday

Rain Showers

Hi: 76

Sunday Night

Mostly Cloudy

Lo: 65

Monday

Slight Chance Thunderstorms

Hi: 80

Monday Night

Partly Cloudy

Lo: 67


Lake Texoma Water Level (last 30 days)


Water Level on 4/26: 615.75 (-1.25)



Lake Texoma

Fishing Report from TPWD (Apr. 24)

GOOD. Water normal stain; 63 degrees; 1.32 feet below pool. Striped bass fishing is great on live shad in 30-40 feet of water on main lake points and ledges. Top waters working early around rocky banks, be on the lookout for white birds on the banks early. It will only get better as the striper finish their spawn and the shad start theirs. Crappie fishing is good on brush piles using jigs in 14-18 feet of water. Electronics help locate active fish roaming and sticking the brush. Monkeys milk and mo glo colors working the best. Bass fishing is good on top waters early and swim baits off the banks late morning. Live shad producing numbers and big spawned out fish along the bluffs. Catfish are fair on cut shad and prepared baits anchored in 40-50 feet of water in creek channels and near ledges. Look along the rocks for blues and channels spawning and looking for shad. Report by Jacob Orr, Guaranteed Guide Service Lake Texoma. Hybrid stripers are good on topwater along the bank early in the morning. Watch for egrets and seagulls. Then switch to sassy shad 4 inch glo on flats and points in 10-20 feet of water. Shad continue to spawn. Report by John Blasingame, Adventure Texoma Outdoors.

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