Build On Your Lot Programs Expands in all Texas Markets

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Coventry Homes Program Expansion Consistent with State’s Flourishing Economy

Coventry Homes is expanding its “Build On Your Lot” program in all markets: Austin, Dallas, Fort Worth, Houston and San Antonio. This effort corresponds with the state’s booming economy and real estate market.

While the rest of the country is suffering sluggish growth and decreased spending, Texas is fairing drastically better than the nation’s economy as a whole, according the 2Q12 MetroStudy. As a result, the Austin, Dallas, Fort Worth, Houston and San Antonio markets have all been ranked in the top ten of the national Metropolitan Statistical Areas rankings, which evaluates and ranks population density at a city’s core and close economic ties throughout the area.

The state has seen considerable growth in a number of areas. Job growth in Texas rose 11 percent this year, making up a substantial piece of the total job growth in the United States. The more profitable and secure jobs that are being created and held have spurred investments in new homes in Austin, Dallas, Fort Worth, and throughout Texas.

In addition to overall job growth, the 2Q12 MetroStudy cites market trends as evidence that real estate is a solid asset in today’s Texas markets. Interest rates in the state are low, and real estate overhang is diminishing, especially in Houston. Home price appreciation rates in Austin, Dallas, Houston and San Antonio markets have all risen as well, meaning more money in the pockets of homeowners.

The Consumer Confidence Index for the state also shows considerable growth. The index is an indicator designed to measure consumer confidence, which is defined as the degree of optimism on the state of the economy that consumers are expressing through their activities of savings and spending. The Consumer Confidence Index in the Texas region has climbed to 90 percent. The state’s high percentage indicates that buyers feel confident when purchasing their custom homes and assured that they are making a secure investment in a thriving state economy.

The statistics and rankings reflect a year of strong growth and forward momentum for Texas in several key areas, meaning those buying new homes will continue to see better returns on their investments. Many are choosing to be more involved in purchasing custom homes in order to maximize their investment and are, as a result, looking into Build On Your Lot programs.

Coventry Homes’ Build On Your Lot programs in Austin, Dallas, Fort Worth, Houston and San Antonio offer homebuyers the opportunity for a profitable investment and advantages other builder programs can’t provide. The builder delivers a new home designed around its clients’ needs, properties, taste and lifestyle.

Coventry Homes’ Build On Your Lot programs provide a number of services through the Build On Your Lot Program. Coventry Homes will send a team of experts to assess the lot site, including possible location adjustments, building elevation, water and electric service, wells and septic systems before building begins and at no charge to the client. This free sight evaluation gives the client the benefit of knowing the site from corner to corner before the custom homes design and budgeting phase begins, as well as the advantage of maximizing investments.

Coventry Homes’ Build On Your Lot programs also provide more floor plans and flexibility, precise construction timelines, accurate construction costs and unparalleled buying power.

About Coventry Homes:
Coventry Homes provides award-winning new homes customized for luxury living in the state of Texas for nearly 25 years. The energy-efficient home plans are artfully designed with you in mind. The new homes are crafted with distinct touches, unexpected luxuries and attention to detail. Whether you’re new to the city or are relocating to another area, living in a Coventry Homes community will enable you to appreciate and enjoy living in and around the vibrant cities of Austin, Dallas, Fort Worth, Houston and San Antonio. Contact a representative of Coventry Homes to discover customized luxury homes.

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