real developments - issue 1 (july 2012)
DESCRIPTION
Quarterly insight into the local residential real estate markets of Temple, TX and Belton, TX. Published by Omega Builders.TRANSCRIPT
New Construction
Development
in this issue >>>
current topics >>>
Omega Builders Sales Activity Robust in 2012
Residential on the Rise - Commercial Follows
Local Homes Sales Update
Community Involvement
Market Expectations
Well Connected Success
Comments from the CEO
“The company is growing and we’re busier
than last year,” says Sales Manager, Rachel
White
Year to date, sales at Omega Builders has in-
creased 11.1%. The most notable increase was
for May home sales and new contract activity,
up over 40% from last year.
In anticipation of further growth, Omega has
hired three new employees, including a new
Construction Manager, an additional Design
Consultant and a Marketing Coordinator.
For more information, visit us online -
www.OmegaBuilders.com/news
Just look around. There’s a new HEB Plus!, a
movie theater, new gas stations, new medi-
cal centers, new restaurants, new stores—
not to mention a lot of new residential de-
velopment. The past six months alone have
rendered significant local construction activ-
more people are looking at home own-
ership as an opportunity. A quick sur-
vey of local Realtors reveals that
there’s also a noted up-tick in home
buyer activity. People are noticing that
Temple and Belton are buzzing with
about it. True, we’re involved in it everyday,
and we’re incredibly passionate about what
we do. But the growth is real. And it’s hap-
pening now.
We’ve noticed a cautious optimism among
our clients. They are asking about the health
of the area, but not in the skeptical light.
And since interest rates are at historic lows,
steady recovery.
These are all positive signals in our local
market. They are indicative of pent-up
demand and the mechanisms of growth
that builds upon itself to create a new
cycle. It is a very exciting time, indeed.
- Kristin Savage, Editor
ity. The fact is that con-
struction would not occur
without growth in other
areas.
When preparing for this
issue, we decided to high-
light the growth of the
local real estate market
because we’re excited
both new construction
and redevelopment pro-
jects. And those that are
not involved want a
piece of it.
Dig a little further and
you will find sales figures
and other economic
data, indicative of a
“As residential develop-
ment increases, other
commercial develop-
ments follow to support
the population growth
and demand for additional
products and services.”
real Quarterly Insight into the Local Real Estate Market—Issue 1
Temple & Belton, TX
Announcing!
Support
Businesses can harness the power of their
networks to raise money for the community.
This can provide much needed support for
school programs, local not-for-profits and
fundraising events, such as the Relay for Life,
or other programs.
Connected
It’s said that small business
drives the growth of this
country. Let’s remember that
people run those businesses!
Being involved in the commu-
nity and representing your
business shows good will
Real Trends >>>
Temple & Belton is Growing Faster than Texas Home sales in the Temple-Belton area are up 20% year to date, outpacing Texas by roughly
10%. Temple-Belton is also growing faster than many other major metropolitan areas, such
as Austin, Dallas and Houston!
Omega Builders celebrated it’s success
at the Parade of Homes by hosting a
Facebook iPad3 Giveaway.
Congratulations Mr. Ron Bourland!
Lisa Comeau has been
working with Relay for Life
for the past four years. As
a co-chair, she knows the
value of doing good for
the community.
Omega Builders showcased the newly
redesigned Cypress floor plan at our new
Northcliffe neighborhood in Belton, TX.
Over 1,000 people stopped by to view the
beautifully decorated home and discover
new trends in the housing industry!
For more information go to
www.OmegaBuilders.com/cypress
Facebook.com/OmegaBuilders
Temple-Belton has a lot to brag about lately. The local real estate market is humming along.
Sales are up and inventory is down (fewer homes are available). As a result, home prices are
creeping back up. The median price was $125,300 in April, which represents an 8% increase
from over a year ago. This outpaced the
growth in nearby areas, yet the affordability
index for Temple-Belton is better than Texas,
and the U.S.
Notably, the average home price is much
higher - at $141,400. This means that the
high-end home market is doing well, too
(skewing the average home price higher). So
the area is not only affordable, but desirable
among the affluent.
Data Source: Texas A&M Real Estate Center
Our Community >>>
Importance of Local Business Supporting the Community
towards others. It’s not all about the
bottom line. It’s a networking opportunity
and allows you to connect with your clients
outside the office. By getting to “know your
neighbors” on a personal level, you can
serve your community like never before.
Get Involved
Find a cause and get out there! You would be
amazed at how much good an extra hour a week
can do for a local organization—and for yourself.
Whether it is working with a local not-for-profit, a
church, a national fundraising event, or volunteer-
ing with kids, it all matters. Get your business
involved and learn about the ways you can sup-
port your community outside of the office!
Contributor: Lisa Comeau, New Home Consultant
(254) 307-8981
Photo: TABA website
Selling Success - Using Social Media
Introducing >>>
Key Point >> Make sure that everyone you know is
aware that you are selling your home
— friends, family, co-workers and
neighbors! They may know someone
who wants to move into the area and
can send them your way.
Potential home buyers who need to sell their existing homes before they can
upgrade to a newer, bigger home for their growing family are meeting the
challenge by using their networks.
Top Home Selling Tips from Local Realtors!
De-clutter the home as much as possible. Take down personal photos to make it easier for a potential buyer to see them-selves in the home. Or if you can, move out early!
Re-paint! Neutral colors are best.
Improve curb appeal by cleaning up the yard and adding land-scaping. It’s amazing what a few plants will do!
We hear it all the time: “I need to sell my
home before I can buy a new one…”
Home sellers try everything to make
their home more appealing, hoping it
will sell faster. Sometimes home sellers
find themselves stuck jumping through
hoops to make a buyer happy. Of course,
having an active Realtor can make the
world of difference. But what if the
Seller was well connected, too?
Get creative. Spread the word to your
networks on Facebook and LinkedIn with
links to the MLS listing. Share pictures of
your home on Pinterest. A little extra
effort goes a long way– and it’s Free!
Harnessing social media is not an end-
all. Face-to-face networking is important
too! It’s not just your Realtor’s job!
Make sure that everyone you know is
aware that you are selling your home—
friends, family co-workers and neigh-
bors! They may know someone who
wants to move into the area and can
send them your way!
Share your tips with us on Facebook!
Facebook.com/omegabuilders
Temple Chamber of Commerce 2 N. 5th, Temple TX
Networking Breakfast
Wednesday, July 11, 2012 6:45am - 8:00am Complementary breakfast provided. Registration not required! Bring busi-ness cards!
New Member Mixer
Tuesday, July 24, 2012 4:30pm - 6:00pm 2 N. 5th, Temple TX Bring business cards and meet other business owners!
Contributor: Haley Browder
New Home Consultant, (254) 307-8983
Omega Builders welcomes Anyce Naegele as our
New Home Consultant, servicing the Wyndham Hill
and Valley Ranch communities in Temple, TX.
Anyce can be found at the
Wyndham Hill Model Home
5916 Alexandria Drive, Temple TX
Ph: (254) 307-8982 Email: [email protected]
Grow Your Network
Anyce Naegele
Finding An Agent That’s Right For You
Directors John Howe, Rachel White
Managing Editor Kristin Savage
Contributors Lisa Comeau, Haley Browder
Graphic Artist Kristin Savage
In collaboration with Gretchen Allen
7353 West Adams Avenue
Temple, TX 76502
Next Issue
Invest in Your Home
Maintenance Tips
Building Equity
From the Desk of the CEO -
Omega Builders has been building homes for more than four decades and during
this time, we have seen a lot of change. Temple and Belton is growing to meet the
needs of a maturing community, as well as the changing dynamics of families. Ome-
ga is here to establish the benchmark of expectations by maintaining high value at a
reasonable price. We’ve adapted and outperformed during the recession - and be-
cause of it, we are more efficient and offer more value than ever before. This has put
us in a very competitive position and we are poised to serve our community, for
another 50 years to come.
- John Howe, CEO of Omega Builders
thoughts... final
Contact us at (254) 771-2296 www.OmegaBuilders.com
coming soon >>>