Stunning Model Home For Sale in Keller

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Posted on 26th July 2016 by Grand_Homes in Dallas Real Estate |For Sale |Keller |Model Home |Real Estate News |Texas

America's Best Builder, Best Homebuilder Dallas, DFW Real Estate, Energy Efficient, Energy Star, Grand Homes, Grand Homes Keller, grand homes texas, grandhomes.com, Housing Market, keller, New Homes Keller, Real Estate, Texas Real Estate

We are closing out our Silverleaf community in Keller, which means this is your last chance to get in. There are only 4 homes left, including the model home for sale.  This community features open common areas, a playground, and mature Oak trees. Active families will enjoy the athletic leagues for children and adults to join, plus there are a variety of family events to attend year round. If this community sounds ideal for you and your family then come visit us today, inventory is going fast!

Speaking of inventory, check out this gorgeous Model home that could be all yours!

  • Sq Ft apx: 5,463
  • Bedrooms: 4
  • Bathrooms: 3.5
  • Living Areas: 5
  • Dining Areas: 2
  • Garages: 3

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DFW Housing Market Outlook for 2014

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Posted on 3rd January 2014 by Grand_Homes in Dallas Real Estate

2014, DFW, DFW New Homes, Grand Homes, Housing Market, new homes, North Texas, Real Estate

Forecasters expect last year’s 100-mph housing market to ease off the gas in 2014.

But that doesn’t mean that home sales and prices will stall in North Texas or nationwide.

Most housing analysts anticipate a robust spring and summer home selling season — just not as frenetic as in 2013.

“What will be different this spring is there should be more inventory on the market,” said Jed Kolko, economist with Trulia Inc. “More inventory because prices have come up, so more people will be thinking about selling.

“Also, there is more construction than there was a year ago, so that adds more inventory,” Kolko said.

The rise in the number of homes available to buy and higher financing costs should temper the market, he said.

“We can all use some calm,” Kolko said. “It should be a more level housing market in the next year.

“Prices aren’t rising as fast as they were, and people aren’t as worried about another bubble.”

Last year brought unprecedented growth in the Dallas-Fort Worth housing market, erasing damage done during the recession.

Median home sales prices in North Texas were up by more than 10 percent, roughly double the long-term average rate of increase for the area.

The number of pre-owned homes sold jumped almost 20 percent.

With the surge in sales, inventory fell to a near-record low.

At the end of the year, there was less than a three-month supply in the Dallas area. That’s about half what is considered a normal market.

“I’d be surprised to see double-digit home price increases this year,” said Dr. James Gaines, an economist with the Real Estate Center at Texas A&M University. “I’m expecting more sellers to come forth and even up — at least to some extent — the disparity between supply and demand.

“Demand will still be strong, so prices will go up despite interest rates that slowly drift upward during the year,” Gaines said.

He said any real slowdown in housing demand probably won’t happen until the second half of 2014.

Ted Jones, an economist with Houston-based Stewart Title, said robust job growth in Texas ensures a strong housing market. But maybe not as dynamic as in 2013.

“Expect to see a 6 to 8 percent increase in total existing home sales in 2014, with median prices rising from 5 to 7 percent” statewide, Jones said. “Homeowners in Texas should be pleased with the value performance of what, for most individuals, is their largest store of wealth: their home.”

Dallas-Fort Worth is one of the few major markets in the country where home prices have surpassed where they were at the top of the market in 2007.

But home construction in North Texas is still nowhere close to where it was before the recession.

D-FW single-family home starts will rise again in 2014, but probably not as fast as in the previous year, said David Brown, who heads the Dallas office of Metrostudy Inc.

“Starts jumped over 20 percent in 2013, and I expect them to grow another 10 percent to 15 percent this year,” Brown said. “Higher new home prices and higher interest rates impacting affordability are one reason the growth rate will likely slow in the next year.”

And continuing constraints on builders — including lot supplies and labor shortages — will mean that new home inventories will remain tight in 2014, he said.

“I expect the market to be very strong this spring because total housing inventory is likely to be even lower than it was last spring,” Brown said. “When buyers start to look for homes, there will be even fewer choices than last year.

“This is likely to create the same competitive environment amongst buyers that existed in the market in the first half of 2013.”

Nationwide, single-family home starts are forecast to rise by 30 percent this year, pushing total home construction to the highest point since 2007, said David Crowe, chief economist with the National Association of Home Builders.

“The level of mortgage interest rates is not as significant as the availability of mortgages,” he said. “I foresee some slight easing in the eligibility rules.”

Article By: Steve Brown, Dallas Morning News

See full article here.

Americans on the Move

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Posted on 5th December 2012 by Grand_Homes in Dallas Real Estate |Homebuyer Tips |Real Estate News

Dallas Real Estate, grand homes texas, Housing Market, Texas Economy, Texas Real Estate

Joel Kotkin, a respected contributor to Forbes.com on urban issues, recently wrote an article about the migration patterns of Americans and where they are moving.  He predicts the population growth over the next few decades will be largely concentrated “to lower-cost, less regulated and generally less dense regions,” and because of this he places Texas as one of the biggest gainers.  What does this mean for Texas and other booming “Sun-Belt States?” Here are the highlights from the article.  (Here is the article in full).

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Goldman Sachs Gives Housing Market “Attractive” Rating

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Posted on 9th August 2012 by Grand_Homes in Real Estate News

America's Best Builder, Business, Grand Homes, Housing Market, Real Estate, Texas Business, Texas Real Estate

U.S. homebuilders are an attractive investment as the housing market starts a “strong” recovery that may drive a surge in new-home sales, Goldman Sachs Group Inc. (GS) said in a report.

Housing has a “long list of positives,” including rising prices, job growth, supportive government policies and a decline in the so-called shadow inventory of homes, Goldman Sachs analysts Joshua Pollard and Anto Savarirajan wrote in a note to clients. They raised their rating on the homebuilding industry to attractive from neutral. (more…)

Housing Bust Over

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Posted on 13th July 2012 by Grand_Homes in Dallas Real Estate |Homebuyer Tips |Real Estate News

Grand Homes, Housing Market, Real Estate, U.S. Economy

The housing market has turned—at last.

The U.S. finally has moved beyond attention-grabbing predictions from housing “experts” that housing is bottoming. The numbers are now convincing.

Nearly seven years after the housing bubble burst, most indexes of house prices are bending up. “We finally saw some rising home prices,” S&P’s David Blitzer said a few weeks ago as he reported the first monthly increase in the slow-moving S&P/Case-Shiller house-price data after seven months of declines.

Nearly 10% more existing homes were sold in May than in the same month a year earlier, many purchased by investors who plan to rent them for now and sell them later, an important sign of an inflection point. In something of a surprise, the inventory of existing homes for sale has fallen close to the normal level of six months’ worth despite all the foreclosed homes that lenders own. The fraction of homes that are vacant is at its lowest level since 2006. (more…)

Grand Homes CEO Featured on Fox Business!

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Posted on 10th February 2011 by Grand Homes in Dallas Real Estate |Real Estate News

Dallas homebuilders, Dallas new home, Grand Homes, Housing Market

Grand Homes’ CEO Stephen Brooks was recently featured on the Fox Business Channel! In the interview, Mr. Brooks discusses the measures Grand Homes took to stay afloat during the recession, unlike many Dallas homebuilders that went out of business. Brooks explains why the housing market is looking up and how Southwest Airlines became a model for his business plan with an emphasis on motivated employees and performance. Check out the clip here!

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