LAKEWOOD RANCH — John Cannon Homes surpassed $23 million in sales in the fourth quarter.
The east Manatee County-based firm, according to a release, says it sold 27 homes in the quarter for $23.3 million in sales volume, “a dramatic increase” over past quarters. Prices ranged from $400,000 to $2 million, the company says.
John Cannon Homes President and CEO John Cannon says he believes the 2012 fourth quarter momentum will carry into 2013. The firm builds in the Lake Club and Country Club East in Manatee County, in addition to several other communities from Sarasota to Tampa. It will also build custom homes on lots for clients in Charlotte, Hillsborough, Manatee, Pinellas and Sarasota counties.
“We saw interest in the custom-home market begin to pick up in early 2011 and continue on through 2012,” Cannon says in the release. “With used inventory at the lowest it’s been in years our buyers looked to build new custom homes with all the amenities and features for today’s lifestyle.”
The firm plans to add three more models to its portfolio in 2013. “Today’s buyer realizes that prices are no longer declining,” says Cannon. “Now is the time to take advantage of today’s pricing.”
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13 Holidays around the Ranch
6:00 pm - 9:00 pm
13 Holidays Around the Ranch-Lakewood Ranch
6:00 pm - 9:00 pm
14 FREE Pictures with Santa Cow!
8:00 am - 10:30 am
14 Gingerbread Houses
14 Italian Wine and Dine
15 A 1913 Florida Cracker Christmas
11:00 am - 4:00 pm
15 Gingerbread Houses
16 Cooking Class: Asian Grilling Techniques
Members and guests of the Lakewood Ranch Women’s Club ventured Dec. 4 to Orlando, to view holiday decorations at the Grand Floridian and to have lunch at Downtown Disney.
The Play Readers of the Asolo Repertory Theatre Guild were in fine form as they entertained at the Art Association of Palm-Aire’s opening winter luncheon with “Fractured Fairy Tales.”
Catapulting into first place
Seven Manatee County elementary schools competed in the countywide Technology Student Association catapult competition Nov. 16, at Southeast High School. Students built the catapults on-site.