New Home Sales Momentum;Neal Communities' Forest Creek Re-Opening Weekend Generates Five Sales

April 26, 2010 - PRLog -- Southwest Florida - Presenting an optimistic outlook for new home sales, Neal Communities’ re-opening of its Forest Creek Community in Parrish, Fla., generated five sales in just two days.

Ranging in price from $175,000 to $240,000, four of the five new home sales came from locally based buyers, a positive indicator that local residents are staying put and back in the buyers’ market.  Another positive trend is the median price range of more than $200,000, well above Neal’s entry-level price at Forest Creek of $110,000.
Another key indicator of the strengthening market and consumer optimism is that these buyers purchased new, to-be-built homes versus re-sales, even with the available tax incentive for existing home contracts through April 30, 2010, the tax credit expires at the end of April.

“This weekend’s Forest Creek kick-off with five new home sales clearly indicates the kind of momentum and interest in new home sales we’ve been predicting would take place, and one we expect to continue,” said Pat Neal, Owner of Neal Communities.  
New home orders came in ranging from 1772 to 2382 sq. ft., demonstrating that homeowners are interested in homes that provide space and some added creature comforts.  

“Neal Communities’ new home designs, including the new Cruise series, feature even greater energy and design efficiencies that are affording homeowners some leverage in terms of managing their monthly expenses,” Neal added.

Located at 4708 Charles Partin Drive in Parrish, Fla., Forest Creek is five miles east of I75 on Highway 301 (exit 224).  For more information, call 941-776-2000.

Headquartered in Lakewood Ranch, Fla., and celebrating its 40th Anniversary in 2010, Neal Communities is Southwest Florida’s largest and most established locally owned and operated private company.  The company’s commitment to responsible land development, natural habitat preservation, innovative home building, design excellence and quality customer service serve as the benchmarks for the company’s success.  Honors and accolades for this commitment include 24 2010 Parade of Homes Awards, 44 Aurora Awards, 5 Best in American Living Awards and hundreds of local and regional industry awards. For more information, visit nealcommunities.com.

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Neal Communities is Southwest Florida’s largest, most established locally owned and operated private company. Its commitment to responsible development, innovative home building, and design excellence serve as the benchmarks for the company’s success.