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

Sunday

Mostly Cloudy

Hi: 89

Sunday Night

Partly Cloudy

Lo: 75

Monday

Partly Sunny

Hi: 89

Monday Night

Mostly Clear

Lo: 75

Tuesday

Mostly Sunny

Hi: 89

Tuesday Night

Mostly Clear

Lo: 73

Wednesday

Partly Sunny

Hi: 87

Wednesday Night

Chance Thunderstorms

Lo: 73


Lake Texoma Water Level (last 30 days)


Water Level on 9/14: 616.78 (-0.22)



Lake Texoma

Fishing Report from TPWD (Sep. 10)

GOOD. Water stained; 83-84 degrees; 0.07 feet above pool. Watch for topwater striper activity early and late. Fish are still moving fast in deep water and down ledges. Lures and live bait as the water starts to cool off. Big fish are off main lake points at daylight on big pencil poppers. Catfishing is good on punch bait and cut shad. Baited holes are producing numbers of channels in 20-25 feet of water on points and flats near ditches. Blue catfish are schooled up in deeper water off river ledges. Big blues will start showing up on deep flats, drifting cut shad and whole gizzard shad in 50-60 feet of water. Report by Jacob Orr, Lake Texoma, Guaranteed Guide Service.

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