Challenger Homes, New Home Star Take Top Market Share in Colorado Springs

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Rapidly expanding Colorado builder and sales management partner hit milestone.

“We feel very blessed to be in this position during a very difficult market. It is a testimony to all of the great people working for and with Challenger Homes that share our vision and values,” said Challenger Homes president, Todd Anderson.

Through the midway point of 2011, Colorado Springs-based, Challenger Homes has a good reason to be confident. For the first time in the homebuilder’s 11-year history, the company has moved into first place in Colorado Springs market share. The year-to-date permit report, published this month, marks a milestone for Challenger and sales management partner, New Home Star.

Although many builders continue to struggle, Challenger has thrived in recent years. The company has also remained steadfast in its practice of remaining closed on Sundays, despite most builders opening for business. In a market where every new customer counts, this practice has forced Challenger Homes and New Home Star to be very customer-focused the other six days of the week. Given the builder’s recent success, the approach appears to be working.

“We feel very blessed to be in this position during a very difficult market. It is a testimony to all of the great people working for and with Challenger Homes that share our vision and values," said Challenger Homes president, Todd Anderson. “By focusing on some timeless basic principles, we have been able to not only survive this housing recession, but thrive to become one of the top builders in our market.”

Challenger has experienced year-over year sales growth in the high double-digits, since partnering with New Home Star in 2009. The national sales management and outsourcing company partners with builders across North America to drive bottom line results. In Colorado Springs, that partnership has assisted Challenger Homes for consecutive record years in one of the most difficult housing markets in history.

“Watching what has happened with Challenger Homes over the past two years has been amazing. It’s a special experience to go from 15th to 1st in market share; one that you don’t get to experience often. I’m proud of the extraordinary team effort and thankful for the results. There is no doubt we are blessed,” explained New Home Star president, David Rice.

About Challenger Homes:
Over the years, Challenger has sold a lot of homes, in a lot of different designs, to a lot of different people. However, the core principle hasn’t changed. More House to Call Home, designed around the customer, at an affordable price. For more information on Challenger Homes, visit http://www.mychallengerhomes.com.

About New Home Star:
New Home Star is a national sales and marketing company, providing builders and developers with comprehensive management and outsourcing services for today’s housing market. New Home Star currently partners with over 30 builders spanning 3,000 miles across the United States. For more information on New Home Star, visit http://www.newhomestar.com.

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Jonathan Balthrop
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