The Perfect Storm: Blizzards in the North Drive Home Buyers to Florida
SARASOTA, Fla., February 1, 2011 - With 23 signed contracts, Neal Communities has posted a 50 percent increase over January 2010. Also during this time, there was a 40 percent increase in the number of prospective buyers visiting Neal Communities’ model homes.
“In anticipation of the rapidly growing numbers of northerners escaping the cold and blizzards, we have increased the number of inventory homes,” says Neal Communities President Pat Neal. “They want great value, but will not sacrifice quality and style. Neal has what today’s buyers want—right now.”
Traditionally, when there are two consecutive years of bad winters in the Northeast and Midwest, more people flock to Florida to buy homes. At times this year there has been snow in every state in the Nation, except Florida.
In January, there were six contracts signed in Sawgrass, Neal’s new neighborhood in Venice. Forest Creek posted seven sales and Edenmore in The Country Club at Lakewood Ranch had four. There are also signs of strength in River Sound, as buyers respond to a current incentive of a $14,000 gourmet kitchen upgrade with their home purchase.
Neal Communities is ranked #1 locally by MetroStudy and by Hanley Wood Market Intelligence based on number of home sales. The home builder secured 299 building permits in 2010, putting it ahead of all other builders in the area. BUILDER Magazine ranks the company #126 among home builders nationally based on 2009 sales. As the area’s largest and most established locally owned and operated private builder, Neal Communities’ innovative home building, pool construction, development operations and quality customer service standards all contribute to the firm’s continued, record-setting local success. With almost 8,0000 homes built in Southwest Florida, Neal Communities’ honors and accolades include 24 Awards 2010 Parade of Homes, 44 Aurora Awards, five Best in American Living Awards and hundreds of local and regional industry awards. For more information, visit nealcommunities.com.
[Pictured: The Neal Communities Sales Team]
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