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...




Tell us what you think!

Lake Texoma Email Updates


 

Visit our Lake Texoma Sponsors!

Lake Texoma on Social Media

 
       

Lake Texoma Current Weather Alerts

There are no active watches, warnings or advisories.

 

Lake Texoma Weather Forecast

Tuesday

Sunny

Hi: 84

Tuesday Night

Clear

Lo: 66

Wednesday

Sunny

Hi: 84

Wednesday Night

Mostly Clear

Lo: 62

Thursday

Partly Sunny

Hi: 82

Thursday Night

Mostly Clear

Lo: 69

Friday

Mostly Sunny

Hi: 84

Friday Night

Slight Chance Thunderstorms

Lo: 73


Lake Texoma Water Level (last 30 days)


Water Level on 10/14: 616.44 (-0.56)



Lake Texoma

Fishing Report from TPWD (Sep. 24)

GOOD. Water stained; 84 degrees; 0.21 feet above pool. Striped bass fishing is picking up with the cooler weather. Fish are schooling on the right day across deep flats eating small shad. Catching fish on swimbaits and small topwaters. Bigger fish are on structure in 25-45 feet of water. Expect the bite on live bait to pick up over the next week. Catfishing is good on baited holes in the backs of creeks and ditches in 20-30 feet of water on punch bait. Bigger blue catfish will start to feed on deep flats 40-60 feet of water drifting cut shad and whole gizzard shad. Locate bass on docks and structure as the water cools off and fish start to feed more frequently. Reaction baits and plastics off the banks in 8-15 feet of water. Smallmouth bass are staging off the banks on points with structure in 15-25 feet of water. Report by Jacob Orr, Lake Texoma, Guaranteed Guide Service. Stripers continue to be hit-or-miss with the best bite on topwaters switching to slabs later in the day. Target structure and the ledges of drop-offs in deeper water. Some bigger fish can be caught shallow in the morning. The forecasted cold front should improve the bite. Report by John Blasingame, Adventure Texoma Outdoors.

More Fishing Reports