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Recent News ReleasesDreaming of a White Lake VistaELGIN, IL, December 21 - Piles of snow and gusts of chilly winds don't discourage a true outdoorsman or woman. If fact, those wintry things might do the opposite. That's why Lake Vista in Lake Villa remains a hot development even now in the cold weather months. Occupying a compact cul-de-sac, each of the Vista's 27 classically designed homes will back up into a peaceful and private wooded area-in a northern suburb known for its sparkling lakes and scenic forests. The development will border a private beach and a boat launch on Deep Lake. And here's where white can take over the green: the lake includes tracks for snowmobiles. Such news can only quicken the pulse of people who appreciate winter and/or water sports.
Read more... Nearly Out of the Woods - Grand Pointe Still Drawing People to the PreservesELGIN, IL, December 21 - Can nature still sell homes when the skies grow dark and the grounds turn bare? Apparently the potential remains. Grand Pointe Homes indicated today that home shopper traffic is still flowing at its Preserves at McDonald Woods, a development of 28 single-family homes under construction in Lindenhurst. "Despite the tough economy and the difficult winter, we're still seeing a lot of interest in the community," said Scott Ballard, Vice President of Sales and Marketing for the West Dundee-based builder.
Read more... Tall Grass Growing Into a Real CommunityELGIN, IL, December 20 - How long does it take for a new homes development to become a real community? Grand Pointe Homes announced today that its Tall Grass Ridge single-family development, near downtown Mundelein, might already be starting to reach that point despite being under construction only since last summer. In a slow real estate economy, the West Dundee-based builder can boast that five homes have already been built, sold, and occupied. All of these homes are premium models that back up into a lush wetland (only 16 of the development's 43 homes promise that feature).
Read more... “Quick Delivery” of New Homes at Fieldstone PlaceELGIN, IL, November 16 - Some people want a brand-new home, and they want it now. They don't have the time-or don't want to take the time-for the wait involved in building and tailoring a home from scratch. How do homebuilders accommodate such buyers?
Read more... Grand Pointe Offers Luxury Homes for Buyers in a HurryELGIN, IL, November 16 - Tailored to Baby Boomers, the new Grand Reserve in Algonquin is going up with convenience in mind. The community-which is being built by West Dundee-based Grand Pointe Homes-consists of one-story single-family ranches, duplexes with most of the living space on one floor, and maintenance-free manor homes. Golf courses and forest preserves sit close by, and a walking path winds through the community itself. Now, as if to embellish these convenient credentials further, Grand Pointe announced today that it was offering for sale eight "quick delivery" Reserve homes- already built inventory homes often full of instant upgrades.
Read more... Grand Pointe Crossing Takes High Road to SalesELGIN, IL, November 15 - The people at the Grand Pointe Crossing sales center in Lockport have circled November 12 on their office calendars. That's the date that I-355-the 12.5 southern extension of the North-South Tollway-finally opens after years of debate, construction, and expectation. The "new" tollway will bring congestion relief and reduced travel time to drivers and increased jobs to growing Will County. It will also energize Grand Pointe Crossing, a community of duplex townhomes being built by Grand Pointe Homes in south suburban Lockport.
Read more... Another Appealing Model Emerges From Tall GrassELGIN, IL, October 25 - Grand Pointe Homes announced today that it's offering an additional model at Tall Grass Ridge, a community of 43 large and luxurious single-family homes being built near downtown Mundelein. The new two-story Hawthorne model will-like some of the community's other homes-back up into a lush wetland.
Read more... Grand Pointe Puts a Lincoln in the WoodsELGIN, IL, October 25 - Sitting near 304 acres of wildlife-rich pine forest and backing into lush wetlands, The Preserves at McDonald Woods tends to be a quiet and serene place, even as its 28 single-family homes are still being built. However, builder Grand Pointe Homes made some noise there today when it announced that it was adding another model to the emerging community. Called the Lincoln, the model becomes the seventh different two-story home being offered at the site.
Read more... Lake Vista’s Ranch Model Roping In Younger CrowdELGIN, IL, October 25 - Don't bet the ranch that only aging Boomers are driving the revival of this practical and convenient home style. It turns out that young first-time buyers are also embracing the single-story ranch home.
Read more... Grand Pointe Revives the Ranch HomeELGIN, IL, October 25- By lying low, the ranch towered above all other housing styles in the second half of the 20th century. The sprawling, ground-storied home, with its big windows and open floor plans, dominated suburban American homebuilding during the 50's, 60's, and 70's. It was also a pop culture icon, with ranches often appearing as the homes of choice in novels, movies, and TV shows. Ranch living was the American style of the postwar era.
Read more... Fieldstone Place Encourages Renters to BuyELGIN, IL, October 5 - Is now a better time to rent or to buy? As the real estate economy slows and prices fall, the debate becomes more insistent, with raised voices passionately arguing both sides. Who's right and who's wrong? Perhaps the better question to ask is "who's buying?"
Read more... Grand Pointe Introduces Price Plan to Get Homebuyers MovingELGIN, IL, October 2 - Instead of sitting on a new front porch or in a new back yard, prospective homebuyers are sitting on the fence-waiting for just the right moment or the just the right price before they commit to acquiring their new dream home. Their inaction has worried and confounded economists, homebuilders, sales agents, and everyone else concerned with the sluggish real estate economy. Exactly what will it take to move consumers to buy a new home in what already is a bonafide buyer's market?
Read more... Active Voice: Grand Reserve Speaks to Boomer NeedsELGIN, IL, August 24 - They began to dominate and reshape American society in the late 1940's-and they're not through yet. Large numbers of Baby Boomers are aging, but they're doing it youthfully, just as they've done everything else. Healthy, physically active, and extremely independent, they're demanding housing that's just like the relatively luxurious kind they've been living in-except a lot more convenient. With builders designing so much of their product for younger generations, where is this Boomer-driven housing going to come from?
Read more... East Is Best: Fieldstone Place on Right Side of MontgomeryELGIN, IL, August 23 - It's almost a tale of two cities. The west side of Montgomery is wide open and under development, a vast expanse of former farmland experiencing the growing pains of becoming an outer-ring suburb. On the other hand, the east side is older and fully developed, a "town" more closely integrated with the rest of the Fox Valley and Chicago metro areas.
Read more... Opening a New Vista on Suburban Family LivingELGIN, IL, August 1 - Occupying a compact cul-de-sac, each of the 29 classically designed homes will back up into a peaceful and private wooded area-in a northern suburb known for its sparkling lakes and scenic forests. That's the short description of Lake Vista in Lake Villa, an exclusive enclave of large and luxurious single-family homes being built by Grand Pointe Homes. But that description is only the beginning of this grand opening story.
Read more... Building a Community That’s a Real NaturalELGIN, IL, July 31 - Turtles, deer, fox, and coyote roam though 304-acres of pine forest. Trails for hiking, bicycling, and cross-country skiing slope and wind nearby. Two-thirds of the homes back-up into lush wetlands. All those beautiful developments-and more-characterize the area around and within The Preserves at McDonald Woods, a community of 28 large and luxurious single-family homes being built by Grand Pointe Homes. The Elgin-based builder announced the grand opening with three words-"it's a natural"-that perfectly capture the quiet and scenic community.
Read more... To Buy or Not to Buy—That Is the QuestionELGIN, IL, June 25 - In today's economy, no consumers are more conflicted and confused than prospective homebuyers. Should they buy that dream home-or stay where they are? Should they be encouraged by falling prices that have created a real buyer's market? Or should they be discouraged by rising interest rates that have made monthly mortgage payments markedly more difficult to meet? Many consumers just sit on the sidelines, paralyzed with fear and indecision.
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