A Sad Day For Bowen Family Homes Builder
November 1st, 2010 categories: Builders & Architects, Month to Month, Real Estate Forum
Today, November 1st 2010, has opened up a new email of information, by yet another builder not being able to stay afloat in this real estate environment. Unfortunately, Bowen Family Homes, which was head quartered in Duluth, has officially closed October 29th, 2010.
A Bit About Bowen Family Homes:
Bowen Family Homes built single-family homes and developed suburban communities in and around Austin and Dallas, Texas; Atlanta; and Orlando. The company also developed town home projects. Prices of the homes typically ranged from $100,000 to $300,000 and up, and the company offered special customization options through its Selection Studio for homeowners to upgrade amenities.
Rudy Bowen founded the company in Atlanta’s suburbs in 1969. It was a family owned and and managed company by Rudy’s son David (CEO) and sons-in-law Mike Phelps and Tip Cape. The company was one of the top 50 home builders in the US, selling some 1,700 houses annually. It had offices in Florida, Georgia, and Texas.
Visit Bowen Family Home Communities Around North Atlanta
Please see below the info that Bowen Builders are currently posting on their web site.
Dear Friends,
Bowen Family Homes has ceased operations effective October 29, 2010.
The decision to close Bowen Family Homes after 40 plus years in the business has been a difficult one. Unfortunately, the market dynamics of the past few years have made it impossible for us to continue business.
On behalf of the Bowen family and the staff who have worked so hard to provide excellence throughout the years, we would again like to thank our customers, team members and allies for the support and success they have brought to Bowen Family Homes over the course of the past several decades. It’s been an amazing journey, and we appreciate your taking it with us.
Thank You.
Good Bye Bowen Family Homes.
In my opinion, you will be missed here in Georgia for your affordable neighborhood of homes and townhomes and we wish you great success in the future, as the Real Estate market turns!!!
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