Neal Communities Has Best October in 40 Years, Ranked #1 in Sarasota/ Manatee

Nov. 4, 2010 - PRLog -- For More Information, Contact:
Leisa Weintraub
(P) 941-328-1030 (F) 941-328-1100
lweintraub@nealcommunities.com

For Immediate Release   

Neal Communities Has Best October in 40 Years, Ranked #1 in Sarasota/ Manatee


Southwest Florida - Neal Communities is selling more than one home a day in 2010, with 39 contracts signed in October, compared to 20 home sales in October of 2009. This represents a 95 percent increase over October of last year and sets a record for the month in the company’s 40 years in business. MetroStudy also recently ranked Neal Communities #1 based on closings for the year from the third quarter of 2009 through the second quarter of 2010. With 197 annual closings, Neal Communities ranks ahead of all other local, regional and national builders and has secured more than 11 percent of the market share.

“The traffic that we have seen for October is a true indicator that now is the time to buy.  We’re pleased that interest is increasing and are especially appreciative that the Realtors® community is so involved in sales for our neighborhoods,” states Pat Neal, president of Neal Communities. “We are building homes that meet the market and we are providing real value to buyers.”

Sales were across product and price lines in various communities. There were 10 contracts in Central Park at Lakewood Ranch; eight in Forest Creek; five in Sawgrass in Venice; four in Edenmore, two in Greystone, two in Wexford and five in Thornhill in The Lakewood Ranch Country Club; and one each in, River Sound, Leopard Creek and Valderrama. The prices ranged from the mid $100s to the $600s.

Neal also points out four strong reasons for the company’s success: 1. Quality product 2. The company owns land in desirable locations. 3. The exceptional professionalism of all members of the team—sales, marketing, construction and land development.  4. The Sarasota/Manatee market is moving better than other areas throughout Florida. And, according to the Census Bureau (2007-2008 Census Bureau migration data), Florida is still one of the most desirable states, and is tied as a top destination for those escaping the Northeast and Midwest.

Because 75 percent of current sales involved Realtors®, they play an important role in the Neal success. Patricia Baker of Leslie Wells Realty, who is an expert in short sales & REO properties, said on the Gail Shane and Friends Radio Show that now is the time to buy new. “A new home is a clean sale with clean title and a strong value. Buyers can get the home of their dreams with the confidence of a smooth process.”

With over 170 homes under construction throughout Sarasota and Manatee, the Lakewood Ranch-based home builder is set to continue this record-breaking pace.

Neal Communities is ranked #1 locally by MetroStudy and by Hanley Wood Market Intelligence based on number of home sales and #126 among home builders nationally in BUILDER Magazine’s 2009 listing based on sales. With more than 7,800 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.

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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.