DFW and Houston Expected to Lead in Home Price Gains

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Posted on 28th September 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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Dallas real estateSome good news for the Dallas real estate market – forecasts show Dallas-Fort Worth and Houston to expect the largest home price growth throughout the country in the upcoming year.

Estimates show North Texas prices will increase 2.7% in the next year. Houston prices are expected to increase 3.8%, according to Veros Real Estate Solutions, housing analysis firm.

“The primary reason for the strong Texas showing is that Texas cities did not have a huge run-up in prices that occurred with much of the rest of the country,” said Eric Fox, Veros’ vice president of statistical and economic modeling.” Unemployment rates in Houston, Dallas and other Texas cities are below the national unemployment rate.

“Also, the months’ supply of homes for sale in Texas is modest,” Fox said.

See the full article and where other markets rank, “Houston, D-FW will lead in home price gains, forecast says” By Steve Brown, Dallas Morning News.

Model Home for Sale in Plano!

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Posted on 21st September 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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The Grand Empress exudes Mediterranean charm with its tiled roof, upstairs balcony and a courtyard entry. This 4 bed, 3 bath offers 4,226 square feet of living space, complete with outdoor living areas, room for entertaining and plenty of fireplaces (four!) to keep things cozy. Now reduced to $624,400!

A courtyard with outdoor fireplace greets you upon entry. A study opens with French doors to the courtyard, making it an ideal place for outdoor living and fresh air.

Step inside to a dramatic entrance with curved staircase open to the family and kitchen. The large gourmet kitchen overlooking the family room makes the perfect place to gather and entertain.

Upstairs there is room for everyone with the spacious gameroom with wet bar, private media room and convenient kids’ computer loft.

Living space is expanded to the backyard outdoor oasis. Here you’ll find the swimming pool, complete with pool BBQ and a second outdoor fireplace.

Now is your chance to own a model home with all the extras and special features! In the fantastic location of Regency Park in Plano, you’ll have easy access to major highways, business corridors and shopping & restaurant venues. Children will attend exemplary Frisco schools.

Take a virtual tour and see more photos of this home.

Home for HOPE Groundbreaking

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Posted on 17th September 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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We’ve broke ground on our second Home for HOPE! The Home Builders Association of Greater Dallas, Homes for Hope, neighbors, and trade partners joined Grand Homes in McKinney as we dug up that dirt!

More than 75 attendees participating in the ground breaking, including a large group of Grand Homes’ trade partners – subcontractors, suppliers, and consultants – all donating or discounting their labor, materials, and services to help secure a large donation upon the sale of our Hope Home.

Grand Homes CEO Stephen Brooks said, “I can speak for our company team and trade partner family when I say that giving thousands of people in struggling communities around the world a chance to work themselves out of poverty is all the motivation we need!” Joining in the groundbreaking was Mike Lennon, executive director of Homes for Hope; Bob Morris, executive vice president of the HBA; and Mike Mints, Grand Homes vice president.

Bob Morris said, “Grand Homes represents the heart of our industry in doing this project…We’re very proud to be associated with them in this act of life-saving kindness.”

Thank you to BMC Select for donating our beautiful sign for the Hope Home and the vendors & homeowners who came out to support this cause!

Grand Homes will be contributing its own overhead and profit, including the donations from our trade in the final sum given to Homes for HOPE. HOPE’s primary service is the provision of microloans in 12 of the world’s most desperate countries. Starting at only $50, these loans enable entrepreneurs to start or expand their small businesses, creating a steady income that will lift their families out of poverty.

Grand Homes Breaks Ground on another Home for HOPE

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Posted on 13th September 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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Grand Homes is excited to announce the groundbreaking celebration of our second Home for HOPE! Join Grand, members of the community and the Homebuilder’s Association of Greater Dallas as we break ground on the charity home this Wednesday, Sept 15th at 10 am at 8200 Cheatham Ct. in McKinney!

This charity home will be built by Grand Homes as part of our Shiloh Ranch community. The donation from the sale of the home, priced in the $220,000s, will benefit HOPE International, a microfinance network dedicated to alleviating world poverty by providing financial services for impoverished families. Grand Homes will be contributing its own overhead and profit including donations from trade partners in the final sum given to Homes for HOPE. See the impact of HOPE International and Homes for HOPE on youtube.

HOPE’s primary service is the provision of microloans in 12 of the world’s most desperate countries. Starting at only $50, these loans enable entrepreneurs to start or expand their small businesses, creating a steady income to lift their families out of poverty. Across the country, Homes for HOPE has reached out to over 100 builders, and Grand Homes has answered the call a second time to participate in the initiative that allows builders to have a worldwide impact simply by doing what they do best: building homes.

Despite a nation-wide crunch in the housing market, Stephen Brooks, CEO and owner of Grand Homes, believes in the idea of giving back. “Grand Homes has always supported, and will continue to support, many local charities to benefit the communities in which we build; Homes for HOPE allows us to have an impact beyond our own community to help eliminate poverty in areas of need throughout the world,” said Brooks.

Bob Morris, Executive Vice President of the HBA of Greater Dallas, praised the collaboration between Grand Homes and Homes for HOPE, saying, “The Home Builders Association of Greater Dallas is pleased to represent members, such as Grand Homes and Homes for HOPE, who see the value in serving the community both here in the Dallas Metroplex and abroad. It is a privilege to know that our members are making an investment in something bigger than themselves and their own financial gain. … Long-term, they are impacting lives and giving hope to generations down the road. We are excited to support and promote Homes for HOPE projects.”

Resort Lifestyle at Gentle Creek in Prosper

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Posted on 9th September 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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Now that families are back in the hustle and busle of busy work and school schedules, you may be wishing you were still on that summer vacation! Whether it’s spending an afternoon at the resort pool, playing a premier golf course or enjoying the scenic surroundings, we could all use a little more vacation time during this time of year!

At Vistas of Gentle Creek in Prosper, you don’t have to wait until your next vacation to enjoy a lifestyle full of resort amenities! From the $240’s, Gentle Creek is a golf community with natural wooded beauty on a hillside country setting overlooking the golf course, with resort-style amenities including the clubhouse with a restaurant, playgrounds and a community swimming pool.

“We are excited to announce brand new homesites have just been released in Gentle Creek this weekend. With Grand Homes’ Golfers Dream Package, Grand Homes will pay the intiation fee for membership to Gentle Creek Golf Club, or buyers can take advantage of our swimming pool promotion,” said Randy Summers, Grand Sales Consultant.

Children attend Prosper schools, which are one of the highest overall rated school districts in the DFW area. According to the North Texas Council of Government, Prosper is one of the 10-fastest growing cities in North Texas. Prosper will soon be the home of Moorland Village, the largest outdoor mall planned for North Texas with 188 acres of integrated retail, commercial and restaurants. “With easy access and great growth, Prosper has become an ideal location to live. That is why I chose to live here myself,” Summers said.

For more information about Vistas of Gentle Creek, click here.

Grand Opening of Gated Community in Frisco!

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Posted on 26th August 2010 by Grand Homes in Dallas Real Estate |Grand Openings

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Grand Homes announces the Grand Opening of our newest gated, luxury neighborhood Hills of Kingswood in Frisco. With pristine views set in a rolling terrain and natural beauty, you may forget this luxury lifestyle is only minutes from the thriving business and shopping corridors of Frisco.

Tucked away in an abundance of trees and waterways bordering Lake Lewisville Park, The Hills of Kingswood offer a private haven with luxury and convenience in mind. Hike and bike trails wind through the neighborhood alongside a creek surrounded with mature trees. Families who enjoy an active as well as relaxing lifestyle will fall in love with Frisco, ranked #7 in America’s Best Places to Move -Forbes.com.

Grand Homes are priced from the $260s to the $460s and are from 2,000 to over 5,500 square feet with 3 to 6 bedrooms on spacious home sites. Many homes include game rooms, media rooms, home offices, wine rooms, reading balconies, butler’s pantries, mud rooms and kids computer lofts. Children attend the exemplary rated Hicks Elementary School in the Frisco ISD.

The Hills of Kingswood is located near Highway 121, the Dallas Tollway, Shops of Starwood and Legacy Business Corridor. It is just minutes away from Stonebriar Center, Lake Lewisville, Warren Sports Complex, Dr. Pepper Ballpark and the new Frisco Recreation and Aquatic Center.

Click here to learn more. To visit Grand Homes from Dallas North Tollway, Exit Lebanon Road and travel West 2.5 miles (1 mile west of Legacy). Take a left on Rock Creek Parkway to the guard house.

Take the Offensive for Your Kid’s Sake

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Posted on 19th August 2010 by Grand Homes in Homebuyer Tips |Homeowner Tips

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Every nook and cranny is a fascinating, yet potentially hazardous minefield when it comes to babes on the move.

What should every home absolutely have to keep children safe?

“A childproof kit and important phone numbers, such as Poison Control,” says Jesus Alderete, Injury Prevention Specialist at Children’s Medical Center. “Parents should implement safety tips as early as possible, so that by the time their children become mobile, they would have some type of seed planted in their minds about some do’s and don’ts.

“Children who just became mobile are exploring the world the best way they know how and one way is through their mouth.”

That bears watching. More than half of all poisonings treated in emergency rooms involve children under age 6, according to UT Southwestern Medical Center. Annually, more than 2 million children ages 5 and under are poisoned in the U.S.

In the same year, approximately 2,096 children ages 14 and under die as a result of a home injury, according to Safe Kids USA, a national network of coalitions that works to prevent “unintentional childhood injury,” such as fires, suffocation and drowning.

In Dallas, Children’s Medical Center is the lead organization for Safe Kids USA. Both organizations offer online information and advice to help parents keep their children out of the ER (www.childrens.com and www.safekids.org).

Childproofing a home takes time, but it isn’t difficult. First, create a checklist to refer to as you survey every room. You can download one and watch videos of people doing the work, if you like.

Safety devices are sold online and in baby-equipment stores. Read and follow the directions carefully and remember that no device is completely fail proof.

The to-buy list includes:

• Safety latches and locks for cabinets and drawers. Stow medicines, cleaners, sharp objects, garden and laundry supplies and anything else that’s poisonous here. Remember: Child-resistant packaging isn’t childproof.
• Safety gates to keep children off staircases and away from dangerous areas. Make sure the “V” shape in older gates isn’t large enough for a child’s head and neck to fit into.
• Door knob covers to keep tykes from entering certain rooms. Covers should be sturdy, yet allow a door to be opened quickly by adults.
• Sliding plate outlet covers and plug-ins for outlet covers to help prevent electrical shock and electrocution.
• Safety guards for windows, balconies and decks can prevent falls. Screens often fail. Designate one window as your emergency exit.
• Tight-fitting corner and edge bumpers for sharp edges on furniture and fireplace hearths.
• Smoke detectors positioned near every bedroom. Change batteries yearly.
• Carbon monoxide detectors placed outside bedrooms and the garage. This gas can kill sleeping people and pets.

Next, do the things that don’t cost money:
• Set your water heater to 120 degrees Fahrenheit to prevent burns.
• Tie up or cut window blind and drapery cords so small hands can’t reach them. Use window blind cord safety tassels.
• Stow potential choking hazards – buttons, beads, coins, pins and other small items – out of reach and out of sight of youngsters in the household.
• Post Poison Control’s number by every phone: 800-222-1222. Calls go to the local poison control center.

What’s the number one reason for childproofing your home?

“It might save your child’s life,” says Alderete.

By Rhona Schwartz/Dallas Morning News

Grand Opening of the Tribute Lakeside Golf Community!

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Posted on 18th August 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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Grand Homes invites home buyers to the Grand Opening of The Tribute Golf Club in The Colony! We are excited to be a part of this family-friendly golf community located on Lake Lewisville with two premier 18-hole golf courses, ultimate resort style amenities and all within easy access to major highways.

The Tribute is a master-planned golf community with resort-style amenities. There is something for everyone from the infinity pool, themed splash park for kids, pocket parks, playgrounds, 6 miles of hike & bike trails and a beach club in the works. Not to mention a state of the art clubhouse at the Old American Golf Club under construction.

Grand features award winning designs priced from $230s to the $340s with 1,950 to over 4,100 square feet. Grand’s homes offer three to six bedrooms with multiple livings, such as family rooms, studies, computer lofts, media rooms, and game rooms. Children attend the exemplary rated Hackberry Elementary School.

Golf enthusiasts at The Tribute enjoy two 18-hole championship golf courses on the banks of Lake Lewisville. Golf Digest named The Tribute Golf Club as the #1 public golf course in the Dallas area. The Old American Golf Club was designed by Tripp Davis and Justin Leonard to simulate some of the most famous holes in Scotland.

Click here for directions to stop by and see all that this community has to offer! Visit the Tribute online at www.thetribute.com

Texas Home Sales Rise 14 Percent!

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Posted on 6th August 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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By STEVE BROWN / The Dallas Morning News

Second-quarter Texas home sales rose for the third period in a row compared to year-earlier transactions, the Texas Association of Realtors said Monday.

Existing single-family home sales were up 14 percent from second quarter 2009.

Sales increased 12.38 percent in Dallas, 14.9 percent in Fort Worth, 20.32 percent in Irving and 20.77 percent in Garland, according to the quarterly report. Sales also rose by 11.01 percent in Collin County and 18.45 percent in Denton County.

The Realtors attributed the increase to an improving economy in the state and a jump in homebuying caused by federal tax credits, which expired in April.

”We’re encouraged to see continued strength in Texas’ real estate market as 2010 marches forward,” Texas Association of Realtors chairman Bill Jones said in the report.

Statewide median home sales prices were virtually unchanged at $149,200.

The Lone Economic Star – Why Texas Continues to Thrive

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Posted on 27th July 2010 by Grand Homes in Dallas Real Estate |Real Estate News

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On the 80-mile drive from San Antonio to the Texas capitol in Austin, it’s difficult to miss the signs of growth. At every highway exit, it seems, huge new shopping malls greet motorists. Valleys where cattle grazed five years ago now sport shiny new Target stores, tract homes, and tennis courts. Between 2000 and 2009, Texas added about 4 million residents, more than half of them migrants from elsewhere in the nation. And Texas will almost certainly emerge from the recession with the nation’s strongest and most important economy.

In May alone, Texas, America’s second most populous state, added over 75,000 jobs—more than California (the biggest), New York (third biggest), and Florida (fourth biggest) combined. Texas has shown consistent gains in 10 of the 11 categories of private employment that the Bureau of Labor Statistics measures.

The state is far more than cowboys and oil: It has several of the nation’s leading medical research centers (Baylor and UT hospitals among them), one of the biggest computer makers (Dell), and a financial industry that never took a turn for the worse. And, even though unemployment remains a tick over 8 percent (about a point and a half lower than the national average), the rapid growth is bringing this down quickly. During the last week in June, the job-hunt website Monster.com offered more new job openings in Texas than in California even though the Golden State has over 10 million more people. In a nation looking for economic good news, Texas stands out as a bright spot.

What are the real secrets to Texas economic growth and attracting new residents? High oil prices, Lack of state income tax, nice weather and business-friendly environment all play an active roll but the real secret lies in Texas’ limited but activist government and affordable homeownership.
– Spending on public schools, improved the universities, and funneling dollars to efforts to make Texas a medical research hub
– Spending hasn’t increased faster than population growth and inflation.
– Expanding Transportation infrastructure; every major Texas metropolitan area has built new roads or greatly expanded existing ones.
– because of its prodigious road building, put more areas within easy commuting distance of its job centers.
– Remaining affordable homes; as a result, it was possible to build homes in Texas without resorting to subprime loans that damaged the rest of the economy.
– Inland location offers major metropolitian areas room for growth
– Public and private investments in the arts, parks, and universities have brought Texas a large affluent professional class.

In short, a state known for size and excess has succeeded because of public policies that avoided excesses of big government overspending, poorly conceived private lending, and business-government land planning. In this way, Texas offers important lessons for other states looking to claw their way out of the recession.

By Eli Lehrer. See the full article from The Weekly Standard here.

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