Omaha Home Builder Sudbeck Homes to Auction Properties
If you look at the Omaha housing market, you’ll see that there are currently about 7,800 houses for sale in the Omaha area and almost 20,000 lots for sale on which to build. Competition between Omaha home builders is tight and some home builders are looking for new ways to generate interest in their properties.
As many Omaha home builders tighten their belt and look for ways to either reduce costs or increase sales, Omaha home builder Melvin Sudbeck is taking the step of putting several of his properties up for auction.
Sudbeck homes is auctioning nine model homes and two lots.
According to P.J. Morgan Real Estate agent Tom Zoucha, who will help sell the Sudbeck properties:
Folks come to us because, generally, we can get pretty good results with auction method. It’s a great way to target your property for the entire market. Then, of course, you’re setting when and where it sells, how it sells, and you get money back to work faster.
While some homeowners worry about foreclosures and auctions bringing a lot of new homes onto the market and reducing comparable prices for their area, the sale could also be a good thing for homeowners by reducing market supply and giving sellers an accurate picture of the market. While auction prices often start out low to generate interest, the houses that have been auctioned off in other parts of the United States have usually sold for fairly close to what the home builder was asking for them.
As long as the auction is a true auction, without reserve prices, potential home buyers in the Omaha area could see some good deals on a new home through this auction.
The Sudbeck Homes property auction will start on the 13th of May at 7 at night at the Comfort Inn Conference Center at 7007 Grover Street. Buyers are responsible for financing and, if a bid is won, the buyer is required to make a non-refundable 5% deposit.
Regency Homes Owner Talks About Omaha Housing Market
As many of you watching the housing market in Omaha and the rest of the United States know, the last few years in the homebuilding market have been hard ones. Times are a bit lean for the crowded Omaha home building market and Omaha home builders who, in the past, didn’t look ahead and prepare for today’s downturn were courting disaster.
Just recently, in February of 2008, Gateway Homes filed for bankrupcy, leaving over 140 creditors holding the bag and wondering how exactly they were going to get paid for work they did for that homebuilder. While that case is working its way through the legal system, both people who paid for a new Gateway home and people who actually contracted with Gateway Homes are now realizing the folly in not researching the financial details and background of the Omaha home builder that you’re dealing with.
While new home sales numbers in the Omaha area aren’t terrible, Regency Homes owner Dennis Van Moorleghem, who has a good sense of old-time PR but hasn’t taken advantage of the advantages that the Internet has to offer, has stated that Regency Homes has taken steps to get through the lean times.
By doing what most other smart home builders in the Omaha area are doing, and reducing the amount of spec homes they put on a slow market, Regency Homes is definitely on the right track to staying in business.
According to Dennis Van Moorleghem:
Normally, we’d run 50 to 60 houses - specs. We’re down to about 18.
If you look at the past market upswings and downturns, you’ll notice that after every slowdown a new “buyer” comes forward to bring a new focus to what homebuilders build. According to Van Moorleghem:
It’s going to be a whole new buyer and everybody in the country is trying to figure it out.
Regency Homes is betting that in 2009 - when the market is expected to rise again - the new home buyer in Omaha will want a smaller, more energy-efficient home that sells for less than $250,000 but doesn’t skimp on the extra features that new home buyers expect.
They want granite. They want stone. They want fireplaces.
With today’s low interest rates and ample inventory available to choose from in the Omaha market, buyers are in the driver’s seat. Despite that, local builders have gone on record saying that they expect the market to bottom out in fall of 2008 and that 2009 will be the turnaround year.
Strandberg Homes
From the “about us” page on the website of Strandberg Homes:
Strandberg Homes was created by Jerry Strandberg and originated in a small town in Iowa known as Storm Lake. In 1977 Strandberg Construction was created and a new era of home building was developed. Since this time, Strandberg Homes has developed in areas throughout Iowa and Nebraska and has also been seen in states such as Arkansas and California.
Strandberg Homes specializes in all types of construction. These types are, but are not limited to: new homes, remodeling, siding, roofing, window replacement, door replacement, commercial framing and commercial trimming.
For the last 30 years Strandberg Homes has developed a relationship with many individuals who continue to be satisfied with their work ethics and integrity.
As our company motto states, we put the pieces together; just like a puzzle we put ideas together to make the perfect dream home. With that said, we hope to hear from you soon and look forward to discussing your dream home with you.
Falcone Homes
From the “about us” page on the website of Falcone Homes:
Falcone Homes Corporation, established in 1993, is jointly owned and operated by Brian & Shawn Falcone. For over 15 years, Brian & Shawn Falcone have worked together to bring both male and female perspectives of luxury and necessity into the homes they build. As a result, Falcone Homes reflects a perfect blend of balanced refinement & functionality which signifies the Falcone family-centric philosophy.
Monarch Homes
Monarch Homes has been putting up quite a few new homes in the Elkhorn area, and we know some people who have personally bought from Monarch Homes.
From Monarch Homes’ “about us” page on their website:
Dave Boyd
Dave was first smitten with the construction business while in high school during a summer job laying block. Following high school, he started trimming and building cabinets in homes. After several years working hard and learning the trade, Dave launched out on his own in 1976, creating Monarch Homes.
It’s not just a business for Dave. It’s his passion. While many would be content to take it easy on their days off, Dave is happily checking on jobs and planning for the next week. Monarch Homes is as much a part of Dave Boyd as breathing, and his happiness and dedication show in each home Monarch Homes builds.
A strong family man, Dave has been proud to show his sons the business he loves so much, and pleased that they have joined him at Monarch Homes.
Clinton Boyd
Clinton handles the real estate end of the business as the exclusive sales representative for Monarch Homes. He has been selling real estate since 1999 and is affiliated with CBSHome Real Estate, the region’s leader in residential real estate with more than 610 sales associates working in eleven sales offices throughout Omaha and Council Bluffs. As a realtor, Clinton has been recognized for his excellence. In 2005, he was ranked 13th out of those 610 CBSHome Real Estate associates, and has been awarded top monthly list or sales agent in his office over 30 times. Additionally, Clinton has been in the prestigious CBSHome “Circle of Excellence” for 2004, 2005, and 2006.
With Monarch Homes being a family business, Clinton grew up around construction and worked on home sites during high school and college. He is a graduate of University of Nebraska at Lincoln with a degree in Business Administration. Clinton has extensive knowledge of both existing real estate and new residential construction and is familiar with Omaha area subdivisions and available lot inventory.
Clayton Boyd
The younger of Dave’s two sons, Clayton is just as dedicated as his dad and brother. And he’s learning the home building business from the ground up. He started out cleaning job sites, sweeping out houses on the weekends and after school. Clayton now has specialized at Monarch, and is responsible for building decks, retaining walls, rough punch and inspections of the houses.
The Monarch Homes Difference
- History and Reputation
Monarch Homes is one of the few builders in Omaha that’s been around for 30+ years. During that time, we’ve built not only the best homes for the money, but also a solid reputation for excellence in all we do.
- Philosophy
We use quality construction materials and methods that incorporate safety and styling. Built without cutting corners, a Monarch Home is a strong commitment to your lifestyle, creating a safe, stress-free haven for you and your family. Whether you’re a military family who will only be here a few years, a family who wants to settle in and raise kids and grandkids, or an established home owner who wants an oasis from the world, your new Monarch Home will have lasting value.
- Personal Involvement
We take the “hands-on” approach to everything we do. Dave is the superintendent of each site, and you have direct contact with him throughout the process.
- Expert Advice
Monarch Homes builds homes that will last a lifetime and beyond. But if the time comes that you’re ready to have us build you another new home, we want this home to have the maximum re-sale value possible. That’s why we work with you to help you choose designs, features and customization that will stand the test of time.
We also have developed relationships with an outstanding draftsman who can give you great advice about customization and one of the best interior decorators in the area who will be happy to help you personalize your finished home.
- Flexibility
With continued contact with Dave throughout the building of your home, it’s easy to make changes along the way. Monarch Homes is one of the few builders in the Omaha Metro area that doesn’t charge a service fee for changes!
- Lot Consultation
Need help choosing the right lot? Monarch Homes can help you decide which lot is right for you, and will give you helpful advice about what lot preparation will be needed before construction begins.
- Financing
Monarch Homes can help you get in touch with a lender who will meet your needs. Also, unlike so many others, Monarch Homes takes contingencies so you’re not stuck making mortgage payments on both your current home and your new Monarch Home.
- Involvement in the Community
Dave is a respected leader in the building community and has served as President of Metro Omaha Builders Association (MOBA) and the Nebraska State Home Builders Association. Additionally, Monarch Homes is a proud participant each year in MOBA’s Spring and Fall Parade of Homes. Not only that, but Monarch Homes has received the distinct honor of being included in the Better Business Bureaus’ Honor Roll.
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