Grand Prairie, TX

Grand Prairie Homes

Includes the Following Zip Codes: (75052)

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Get Free online access to Hundreds of Grand Prairie Homes, Townhomes, and Rentals. The City of Grand Prairie offers relaxation, family fun, friendly neighbors and a smart place to live and do business. With its population at 175,396, Grand Prairie is the 15th largest city in Texas and in the top 150 nationwide. Grand Prairie residents are 30 something, dual income homeowners. In Grand Prairie, families who have lived here for generations welcome newcomers who come to Grand Prairie for the same reasons the natives don't leave—location and hometown atmosphere.

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Grand Prairie Texas Real Estate Sales were up 44% in November 2011 over the same month last year with 26 homes selling this month! For the year to date, overall home sales were at 299 homes sold, a 11% change from last year. Grand Prairie Texas Real Estate total dollar volume of homes sold this month was $5,794,698 which is a 46% change from this month last year. For the 2011 year to date, the total dollar sales were at $64,755,327, which is a 11% change.

Register online for monthly updates in your city and your neighborhood automatically emailed to you at Grand Prairie Real Estate. Search Grand Prairie homes, Grand Prairie foreclosures, and Grand Prairie short sales at Grand Prairie Home Values. This service is FREE and without any obligation from DFWTeamRealty.com.

New Grand Prairie Texas Real Estate listings experienced a -36% change for the same period last year with 27 homes listed this month. For the year to date, overall home listings underwent a -9% change with 444 homes listed this year. Listings pending sales this month underwent a 0% change, with 23 homes contracted. Listings under contract for the year to date experienced a 12% change, with 291 homes under contract for this month.

The average sales price of Grand Prairie Texas Real Estate was $222,873, a 1% change from this month last year. Overall, for the year, the average sales price was $216,573 , a 1% change. Sellers received 97% of their asking price this month, which is a 2% change from last year. For the year to date, sellers received 96% of their asking price, which is a 0% change. This month, homes spent an average of 92 days on the market until sold, which was a -4% change from last year. For the year to date, the average number of days on the market was 99, an overall change of 0%.

The current supply of active listings on the market this month was 139 homes. This is a change of -14% from the same month last year. For the year to date, the supply of active listings on the market was 155, which is a -3% change. This month there was a 5.1 months’ supply of homes on the market; this was a -23% change from last year. For the year to date, there was a 5.6 months’ supply of homes on the market, which is a -13% change from the same period last year. The average price per square foot was $72 this month; a -2% change from last year. For the year to date, the average price per square foot was $71, a change of 0%

Grand Prairie Real Estate sales is known as Multiple Listing Service (MLS) area 276 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of November 2011. DFW Team Realty provides month reports on Grand Prairie Real Estate Sales as well as Grand Prairie Foreclosures, Grand Prairie Short Sales, and Homes in Grand Prairie. Please visit our website at DFWTeamRealty.com for the latest information on Grand Prairie homes by price range and community. Search Grand Prairie Real Estate at Homes in DFW

Grand Prairie Texas Real Estate Reports

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The Grand Peninsula in Grand Prairie, Texas

The Grand Peninsula in Grand Prairie Texas, a master-planned resort community overlooking Joe Pool Lake, consisting of Grand Prairie's finest new homes and preowned homes for sale. Grand Prairie has several affordable price ranges in seven different areas of Grand Peninsula, each with their own character and personality. When you enter the Grand Prairie subdivision you will cross the bridge that connects Grand Prairie and Cedar Hill crossing Grand Prairie's Joe Pool Lake and come to the impressive entrance of the Grand Peninsula.

When you visit the Grand Peninsula in Grand Prairie you will fall in love with the amenity center and lagoon pool with a separate childs pool. The Grand Peninsula has upgraded playground equipment for kids of all ages in the Grand Prairie area with hike and bike trails with open parks for family fun for all of Grand Prairie residents. The Grand Peninsula has something for everyone in the family and Grand Prairie is a great place to raise a family.

The Grand Peninsula in Grand Prairie Txhas become one the premier subdivisions in Grand Prairie and the Dallas Fort Worth Metroplex. This Grand Prairie planned four hundred acre community that feels like you are on a vacation just being at home. There are four builders in this premium Grand Prairie, Texas location. The Grand Peninsula's school district is the Mansfield ISD offering quality schools for all grades and a special education program for gifted and special needs children. Grand Prairiehas the best of both worlds with Mansfield ISD and location between Dallas and Fort Worth is a prime reason people are coming to Grand Prairie, Texas buying homes in record numbers.

The Grand Peninsula is just minutes away from shopping and a variety of restaurants are conveniently located in the Grand Prairie corridor. At the Grand Peninsula you are just minutes away from Joe Pool Lake and the marina where residents in Grand Prairie store boats and jet skis. The Oasis is a Grand Prairie meeting place for dinner and drinks located at the Joe Pool Lake Marina. The Grand Peninsula is centrally located to accommodate both Dallas and Fort Worth commuting with Arlington just 15 minutes away. There are camping grounds and parks around the lake for Grand Prairie residents to enjoy all year.

Come to Grand Prairie for a individual tour of the Grand Peninsula homes for sale in Grand Prairie Texas and see why people are talking about one of the most elegant planned communities in Texas. To view the new homes for sale in Grand Prairie and see the amenity center at the Grand Peninsula call for a personal appointment. Cheryl Brewer 817 217-0005 or email cherylbrewer@remax.net

Builders at the Grand Peninsula in Grand Prairie, Texas

• Drees Custom Homes Beautiful appointments and floorplans that will offer you a wide range of high quality exceptional products and finishing touches throughout home. Custom quality and an array of colors and styles that fit each families lifestyle. Drees homes are built with families in mind.

• Grand Homes A leader in soaring ceilings with wonderful staircases that are sure to wow you. Winner of the 2009 Builder of the Year and other awards for fine quality and customer satisfaction. Grand builds homes exclusively in the Dallas-Fort Worth metroplex for over 20 years. Their commitment to design and craftsmanship are nationally recognized.

• Lennar HomesAffordable homes with high quality and many upgrades included. Lennar homes are committed to quality, value and they are committed to build homes with the highest standards. Building homes nationwide, Lennar was founded in 1954.

• Innovation BuildersA variety of floorplans and master retreats with attention to detail on all of the homes with functionality in mind. Designs that are open and bright with soaring ceilings. The planning and custom designs are unbeatable.

The Mortgage Credit Certificate tax credit program(MCC) for the City of Grand Prairie has just announced that they now have funds for this program. They have over $3.57 million of funds for this program but will disperse the funds on a first come first served basis. If you are not familiar with the MCC program, here are the highlights.

1. The MCC tax credit allows you to save up to $2000 a year off your income taxes. This is a refund of up to $2000 off their income taxes every year that you are in the home!!!!!!
2. it is also available for any home in the Houston area, Harris County, Fort Bend County, Montgomery County, Houston and Dallas area or any where in Texas.
3. There is a 1%(of the loan amount) fee and other fees to the Government for this program. The savings way out weight the cost!
4. I do not charge anything to get you approved for it. It is a FREE service to my clients.
5. There are income limits

This is an amazing tax credit that many mortgage companies and banks do not offer. The savings are for as long as the person is in the home and have mortgage interest. So the savings are amazing. Please call me today to find out how you can get approved for this program!

Another short sale closed! The sellers avoided foreclosure, the buyers purchased a nice home at a discount, and the lender did not have the losses involved with a foreclosure.

Many people feel that the nation's economy rises and falls with the housing market. While this is often true, we believe the current housing crisis is a direct result of the economic downturn and massive job loss across the nation.

In the Short Sale community, the vast majority of homeowners did not get a bad loan or buy more house than they could afford; they're just good, hardworking Americans who fell on bad times.

All indicators point to Short Sales being on the real estate horizon for the foreseeable future, at least through 2012, and maybe longer. Industry experts see another wave of distressed homeowners surfacing when the once popular Pay Option Adjustable Rate Mortgages (ARMs) begin to adjust in the coming months.

These mortgages allowed the borrower to essentially "pick a payment" that fit their budget in order to get into the house they wanted to purchase. These loans have the potential to negatively amortize and the rate will adjust upward - it's just a matter of time. Pay Option ARMs were widely used in California and will begin adjusting soon.

We encourage homeowners across the United States to get educated on the options available should they become financially distressed. Short Sales are a great tool, providing relief to all parties.

Just remember to choose a REALTOR® with a proven Short Sale track record to negotiate on your behalf. Making the right choice can mean the world of difference to your financial future.

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