LAKEWOOD RANCH, Fla. – Southwest Florida’s prolific and rapidly expanding homebuilder Neal Communities (www.nealcommunities.com), heads into December with 808 year-to-date homes sales, which breaks all prior company records.
With 85 new home sales in November alone, Neal Communities’ CEO and president Pat Neal attributes the trend to a continued increase of active adults moving within Florida and to the Sunshine State from the mid-Atlantic and upper Midwest portions of the nation.
“With the market strengthening in other parts of the nation, such as the Midwest and the ‘Rust Belt’, and homes there finally selling, buyers are free to purchase homes in Florida,” said Neal. “That coupled with historically low mortgage rates and 60 percent of home buyers paying cash, equals a strong southwest Florida market.”
Additionally, the Lakewood Ranch-based Neal Communities has expanded its home choices and options and grown into new markets in 2014, adding several new communities in Hillsborough, Manatee, Sarasota, Lee and Collier counties.
The 85 home sales in November span across 16 communities, with 18 sales at Grand Palm, Neal’s master-planned community in Venice, Fla. Other top-selling communities included River’s Reach in Parrish with nine sales, Central Park in Lakewood Ranch with eight sales and Reflection Lakes in Naples and Sugar Mill Lakes in Palmetto with six sales.
Neal unveiled its new Coastal Series at Boca Royale and Grand Palm last month, featuring larger home sites for buyers. New communities opening soon include Woodland Trace and Magnolia Point in Sarasota as well as Neal Signature Homes’ Wildgrass in Sarasota.
About Neal Communities
Neal Communities was named one of 2012’s “America’s Best Builders” by BUILDER Magazine and voted the “2013 Best Residential Builder in Southwest Florida” in a readers’ poll sponsored by Gulfshore Business Magazine. The company is ranked No.1 locally by Metrostudy and Hanley Wood Market Intelligence based on number of home sales and ranked No.50 nationally among homebuilders by BUILDER Magazine. To date, Neal has built over 10,000 homes in Southwest Florida. 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, Neal Land Ventures, Charlene Neal PureStyle, Waterscapes Pools & Spas and Allegiant Title Professionals all contribute to the firm’s continued, record-setting local success. The company’s honors and accolades include 42 Parade of Homes 2014 awards, 50 Aurora Awards, 5 Best in American Living Awards and hundreds of local and regional industry awards. For more information, please visit www.nealcommunities.com.