New Homes In Bloom This Spring at The Forest
A surge of homesite sales last year at The Forest planted the seeds for new homes to begin appearing this Spring. Our excellent Premier Sotheby's agent Brian Wood made five sales in fourth quarter alone confirming what our team has been sensing and the Sarasota Herald Tribune recently wrote about--the housing recovery is strengthening
in the Sarasota area. Several of those lot buyers are now in the planning mode with our builders to bring forward new homes to add to our growing list of residents at Sarasota's premier estate community.
There will soon be several exciting new home designs under construction for future residents. We currently have one home actually under construction on homesite 7. Construction contracts have been signed with builders by several of our newest owners. An expansive estate home is planned by the owner who combined homesites 23 and 24. The owners off homesites 37 and 39 have both also signed construction contacts to build their new homes. In addition, the owner of homesite 29 is now moving forward with plans to build a home.
We are encouraged by the recent sales activity and extremely pleased with the new "rooftops" that will be sprouting at The Forest. For our development team, the vision of creating Sarasota's next great community on this historic land becomes the reality with every new household. The Forest is now almost 50 percent sold in Phase I. As these new residents move in, The Forest will be approaching 20 households. We appreciate the confidence these buyers have shown in our effort to create a unique community environment in this beautiful natural setting.
I am also excited with the new designs our builders are planning for 2013. Watch for more information coming soon here on our blog and website. There will be much to see and experience at The Forest this year.
The Forest at Hi Hat Ranch