Wednesday, February 19, 2014

Projected real estate activity, Nationally


Projected real estate activity, Nationally
 
 

FORECAST:                                       2013              2014              2015

GDP Growth                                       1.8%                2.5%                2.7%

Existing home sales (millions)         5.11                 5.14                 5.40

Housing starts                                    917,000           1,126,000        1,450,000

Median home price                           $196,700         $207,200         $215,000

30 year Mortgage                               4.0%                5.1%                5.8%

Office Vacancy rate                            15.7%              15.5%              15.4%

Fed Funds rate                                    0.1%                2.5%                2.7%

Industrial Vacancy rate                      9.3%                8.8%                8.4%

Retail Vacancy rate                            10.5%              10.1%              9.9%

Multifamily Vacancy rate                   4.1%                4.0%                4.2%

Data provided by NAR Research department
 
 

Upcoming Grand Lake, Oklahoma events

Grand Lake Events:

Grand Lake Boat and Sport Show

Feb. 28 to Mar. 2, 2014, Free admission, Prizes drawn every hour.

Friday, Noon till 5PM, Saturday, 10am to 7pm, and Sunday, 10am till 4pm

Boats, vendors, food and entertainment at Grove Civic Center across from Walmart. Grand Lake Power squadron will be giving away life vests for children that attend, sign up sheets for boating classes and boat inspections.


 

 

Grand Lake Extravaganza

A chance at $250,000 and other prizes in the World’s biggest Tagged Bass Event.

April 1 to May 18, 2014 at Grand Lake  You must buy a $20 key chain badge to win any prizes.  500 tagged fish and 500 prizes.  $250,000 top prize on one fish plus $100,000, $50,000, $25,000, $10,000, $5,000 and several $1,000 chances.


 


Big Bass Bash

Grand Lake Oklahoma

July 19 and 20, 2014  Over $100,000 pay out guaranteed

Daily and hourly prizes for the biggest bass.

 

$30,000 for 1st Place, $15,000 for 2nd Place and $10,000 for 3rd place.

12 places paid every two hours, $500 ladies bonus for the biggest bass of the weekend.  Lots of other prizes.  Register at www.bigbassbash.com