Bradenton, FL, December 14, 2011 --(PR.com
)-- Neal Communities signed 48 contracts for home sales in November, making it the best sales month this year. The buyers represent a cross-section of first-time buyers, empty-nesters, families, and second home owners who were taking advantage of the low interest rates and great home values. The activity was strong across all prices ranges and in all of the neighborhoods where Neal is building. There were 18 contracts alone in Woodbrook, Neal’s newest community. There have been 365 contracts so far this year, putting 2011 on track as a record-setting year.
“We are no longer at the bottom of the real estate market. We are decidedly on the trend up,” proclaims Neal Communities’ President, Pat Neal. “Today’s buyers are savvy. They see the value in buying new and recognize that prices are rising while interest rates are low, making this a critical juncture.”
Neal is a leader in the real estate turnaround in Southwest Florida. Michael Sauter in 24/7 Wall St. (247wallst.com) named North Port-Bradenton-Sarasota the number 1 Metro area where people want to buy houses. “For every person looking to leave the area, six others are searching for homes here.” This news came at the same time The National Association of Realtors® (www.realtor.com) named Sarasota-Bradenton number 6 of the Top 10 Turnaround Towns in the nation.
Communities such as Woodbrook, Neal’s newest, exemplify the appeal of this market. Woodbrook is a gated neighborhood, ideally located minutes from Sarasota, Bradenton, and Lakewood Ranch with a community recreation center and large preserve. “Woodbrook is off to a strong start, almost equal to that of Central Park at Lakewood Ranch. Central Park sold 24 in its first month; Woodbrook is 1/3 the size but selling strong,” says Neal Communities’ Sales Director, David Hunihan. “We are offering great values, great prices, and a great location—it’s a terrific marriage.”
Other neighborhoods also enjoyed strong traffic and good sales activity. There were 5 contracts in Forest Creek, 4 in The Harborage, 4 in Central Park at Lakewood Ranch, 4 in Belleisle, 2 in River Sound, 2 in Edenmore, 3 at Sawgrass in Venice, 2 in Greystone, 2 in Country Club East, 1 in Wisteria Park, and 1 in Miramar. “We were grateful for Thanksgiving. That Sunday alone we had 390 visitors and signed 9 contracts,” adds Hunihan.
Neal Communities is ranked #1 locally by MetroStudy and by Hanley Wood Market Intelligence based on number of home sales and #94 nationally among home builders by BUILDER Magazine. Earlier this fall, the company won the 2011 Business of the Year “Sandie” from the Lakewood Ranch Business Alliance. As the area’s largest and most established locally-owned and operated private builder, Neal Communities is continually striving for excellence in every aspect of the home building and development business. Neal Signature Homes, John Neal Homes, Charlene Neal PureStyle, Waterscapes Pools & Spas, and First Continental Mortgage all contribute to the firm’s continued, record-setting local success. With more than 8,000 homes built in Southwest Florida, Neal Communities’ honors and accolades include 37 Parade of Homes 2011 Awards, 48 Aurora Awards, 5 Best in American Living Awards, and hundreds of local and regional industry awards. For more information, visit nealcommunities.com.