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The Surge Factor: July 2016

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Greetings!

If you’re taking a road trip to visit the Texas Hill Country or traveling the world for your summer vacation, we hope you're having a great time! We at Surge Homes have made tremendous strides over the past month and are excited to share all of our great news with you!


updates

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INNOVATION LEADS TO GREAT THINGS

Our Parc at Midtown community was recognized as the Third Fastest-Selling Residential Subdivision in Houston for the first quarter of 2016 by Meyers Research LLC, as reported in the Houston Business Journal. We are number one in the Inner Loop market and number three in the Greater Houston Area! 

Additionally, the Houston Business Journal interviewed one of our owners to learn more about why our condominium development is selling so quickly, while some competitors are struggling. The combined years of experience plus innovative products of the Surge Homes team are part of the formula that makes us successful. 

What does all of this news mean for you? It means when you buy a Surge Homes residence, you increase your chances of making a great investment because fast-selling communities do great when owners want to sell later on.

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CONSTRUCTION MATTERS

Construction continues to progress even with above-normal rains for the month of July. Framing of the first six homes at Upper Richton is complete, as are the driveway approaches. We will begin framing the next three homes in early August.  

Several projects are ongoing at the Parc at Midtown site. We are in the process of drilling and pouring concrete for the 42 piers in the Hadley Building. We have started setting forms for the first townhome buildings, with plumbing going in next. 


press release

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PARC AT MIDTOWN NAMED 3RD FASTEST-SELLING RESIDENTIAL SUBDIVISION IN HOUSTON

Sales are Skyrocketing for this Surge Homes Community 

PRESS RELEASE

HOUSTON – (July 26, 2016) – Parc at Midtown by Surge Homes® was recognized as the third fastest-selling residential subdivision in Houston for the first quarter of 2016 by Meyers Research LLC, as reported in theHouston Business Journal. Developments ranked by the firmcomprised master-planned and smaller communities. Inclusion in the top three is significant because Houston is highly competitive and ranked thesecond largest market in new home starts and salesin the U.S. Furthermore,Surge Homes is the only private company in the top three, and several of the top 10 companies are listed on the New York Stock Exchange. 


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SCENE AND BE SCENE: NIGHTCLUBS WITHIN A
10-MINUTE WALK OF PARC AT MIDTOWN

If you want the rush of seeing and being seen, then welcome to Houston’s hot nightlife. For residents of Parc at Midtown, elegant lounges and hopping bars are just down the street—within a 10-minute walk from door to door. Forget worries of finding a parking space or driving home after an evening of cocktails—living at the corner of Crawford Street and McGowen puts you close to some of the best after-hours action the Inner Loop has to offer.


 surge homes in the news

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Dallas may have overtaken Houston as the top housing market nationally, but don’t count out the Bayou City.

Houston fell to No. 2 in both new home starts and sales, according to first-quarter results from Meyers Research LLC, a Beverly Hills, California-based residential real estate advisory firm. However, Houston homebuilders should not fret, said Tim Sullivan, managing principal of Meyers Research.

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Recent headlines about Houston’s residential real estate market have been dominated by news of stalled or canceled luxury condominium projects.

During the energy boom, developers announced more than a dozen luxury condo projects across Houston. But since oil prices plummeted, developers have stalled or canceled four luxury condo projects: Sims Luxury Builders’ Aurora, a16-story, 40-unit condo project in Uptown; Butler Brothers’ Flats on Fairview,an eight-story, 14-unit condo in Montrose; Al Ross Luxury Homes’ The Monroe, a seven-story, 10-unit condo near Buffalo Bayou; and Riverway Properties’ 3615 Montrose, a seven-story, 34-unit condo in Montrose.

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During the recent energy boom, developers announced more than a dozen luxury condo projects across Houston.

Some of these developers were luxury homebuilders announcing their first high-end condo projects. These first-time condo developers — Al Ross Luxury Homes, Butler Brothers, Riverway Properties and Sims Luxury Builders — saw a growing demand among retiring Baby Boomers for easy-to-maintain, lock-and-leave homes inside the 610 Loop, and jumped into the hot market.

HOUSTON, July 26, 2016 /PRNewswire/ -- Parc at Midtown by Surge Homes® was recognized as the third fastest-selling residential subdivision inHouston for the first quarter of 2016 by Meyers Research LLC, as reported in the Houston Business Journal. Developments ranked by the firm comprised master-planned and smaller communities. Inclusion in the top three is significant becauseHouston is highly competitive and ranked the second largest market in new home starts and sales in the U.S. Furthermore, Surge Homes is the only private company in the top three, and several of the top 10 companies are listed on the New York Stock Exchange.


 featured listing

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Featured listing in Midtown ... Parc at Midtown condominium for sale: $253,300. Two-bedroom, one bathroom, 893 square feet. A competitively priced, luxury condominium complete with modern architecture, exclusive park for residents, private parking and European-designed finishes.


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And remember … VIP Certificates are available for upcoming Surge Homes communities that are not currently for sale. A VIP Certificate allows potential home buyers to join a waiting list in order to purchase one of our homes at special pricing – before launching sales to the general public.