Lakewood Ranch Market Update
Author: Anthony
24
Sep
New Home Builders Report Sales Are Up. Florida: In the last year, Lakewood Ranch has seen nearly 40 homes priced at $1 million or above sell and the number of listings fall significantly at all price levels. Both new and resale homes are moving in the community… Broadway Promenade, a mixed-use development in downtown Sarasota that includes 186 condos, has seen 18 sales in the past six months. The condos range from $200,000-$600,000 and offer views of Sarasota Bay… Centex Homes (CTX) is also seeing that a lot more visitors to its Reserve at Crossing Creek model center are ready to become buyers. Since Nov. 1, 2007, nearly 70 people have purchased homes.” (Bradenton Herald, July 20th)Windward Homes Changes Name To K. Hovnanian Homes. Florida: Windward Homes will have a new name to help centralize the brand of the company that acquired them five years ago. The Tampa residential homebuilding company will now be known as K. Hovnanian Homes after Hovnanian Enterprises (HOV)… The company builds in 10 communities in Hillsborough, Pasco, Hernando and Manatee counties of homes that range between $150,000-$400,000+… Tampa Bay Business Journal’s Book of Lists: Windward Homes reported 2006 revenue of $242 million in the Tampa Bayarea, making it the third ranked homebuilder in the region behind Lennar Tampa and Standard Pacific Homes.” (Tampa Bay Business Journal, July 18th)
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