Newspaper article Sarasota Herald Tribune

Lakewood Ranch Rises on List of Best-Sellers

Newspaper article Sarasota Herald Tribune

Lakewood Ranch Rises on List of Best-Sellers

Article excerpt

MASTER-PLANNED COMMUNITIES

LAKEWOOD RANCH -- This master-planned community has jumped to No. 5 on the mid-year list of best-selling places like it prepared by a Maryland-based real estate advisory firm.

The community ended up being No. 8 on the final list from RCLCO during 2015.

Lakewood Ranch managers say their development improved on its 2015 mid-year position of No. 12, outpacing many other recognizable and well-known communities in Arizona, California, Nevada, Texas, South Carolina and even Florida.

Lakewood Ranch had 360 new home sales compared with last year's figure of 264, or an increase of about 36 percent. Only two communities in the top 20 list produced by RCLCO showed a larger percentage of growth.

"There has been a lot of exciting development and growth in the Florida market throughout 2016 so far," RCLCO officials said. "With home prices in the Northeast and Midwest rising, empty nesters are continuing to cash in their home equity and downsize to Florida, which remains the top destination for retiree migration. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.