About Wellington's Grand Isles

Grand Isles is beautiful guard gated single family home community in Wellington Florida. Throughout 1997 up until 2000 Centex & Lennar Homes constructed 611 single family homes, which a majority of these homes are situated on a lake, preserve or private lot.

Like many of the other communities throughout Wellington Florida property value increased at a rapid rate in Grand Isles and reached it's peak in 2005 with a median sales price of $458,250. Since 2006 property value in Grand Isles has been decreasing, but homes continue to sell. As a matter of fact as of February 2012 Grand Isles is a SELLER'S MARKET, which means there are more home buyers than homes for sale in Grand Isles.

The above graph displays Grand Isles home sales for 2002 to 2011. The dark purple shows the number of homes sold while the light purple shows the median home sales price for that particular year. You will notice an increase in the median sales price in 2010, which could most likely be contributed to by the First Time Home Buyer Tax credit that was offered in 2009 & 2010 and in my opinion re-engized the real estate market.

As of today there are only seven homes for sale in Grand Isles starting at $173,900 up to $389,000.

Search Homes for Sale in Grand Isles below:

It's tough to watch the news these days.

For millions of homeowners, trying to balance their budgets while maintaining a mortgage that is more than the value of the home itself is becoming nearly impossible.

Add in the threat of scams, con artists and people who are willing to take advantage of vulnerable homeowners and the scale continues to tip the wrong way.

As a Certified Distressed Property Expert (CDPE) my first priority is to help distressed homeowners find a way to tip the scale back in their favor and bring some balance back to their lives.

If anyone you know may need my expertise, please have them visit my website www.Sheldahodges.com for a copy of my recent report entitled, "Is Your Mortgage Out of Balance with Your Budget?"

And then contact me for a confidential consultation.

Read the report. Visit my website and please feel free to pass one of my enclosed business cards to someone you know who could benefit from a confidential consultation.

FHA Raises Insurance Premiums

According to dsnews.com The Federal Housing Administration (FHA) has seen its capital reserves quickly dissipate over the past few years amid a growing number of mortgage defaults and payouts on insurance claims. In an effort to bolster its capital cushion, the federal agency has announced a new premium structure for FHA-insured single-family mortgage loans.

FHA will increase its annual mortgage insurance premium (MIP) by 0.10 percent for loans under $625,500, effective for new loans insured by FHA beginning in April. The agency is increasing the annual MIP by 0.35 percent for loans above that amount, effective in June. Upfront premiums (UFMIP) will also increase by 0.75 percent, beginning April 1. Existing borrowers who are already part of an FHA insurance program will not be impacted by the pricing changes.

Read full article at:

http://www.dsnews.com/articles/fha-raises-insurance-premiums-2012-02-28

Grand Isles, a Wellington FL guard gated community, will be hosting their 3rd Annual Community Garage Sale on Saturday, February 25th, 2012 from 8:30am to 12:30pm.

The Community Garage Sale will be held along Isles View Drive, which is one block west of Grand Isles' main entrance located on Lake Worth Road (Between South Shore & 441).

There will be plenty of FREE parking at Polo Park Middle School.

Originally posted at http://wellingtonhometeam.com/grand-isles-community-garage-sale-saturday-february-25th-2012/

Grand Isles in Wellington Florida is a guard gated single family home community located on the north side of Lake Worth Road just west of 441 (SR-7). If you are not familiar with this beautiful community you can learn all about it at Grand Isles Wellington Florida Real Estate or take aslideshow tour of the neighborhood, you can also search homes for sale in Grand Isles now.

• December 2011 – Grand Isles Real Estate Market Report
• November 2011 – Grand Isles Real Estate Market Report
• October 2011 – Grand Isles Real Estate Market Report
• September 2011 – Grand Isles Real Estate Market Report

Search Homes for Sale in Grand Isles Wellington Florida

Click here if you would like to buy a Wellington Home in Grand Isles
Click here if you need to sell your home in Grand Isles Wellington
Click here to search Homes for Sale in Grand Isles Wellington FL by Map

Originally posted at http://wellingtonhometeam.com/grand-isles-market-report-january-2012/