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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12 LWRBA March Membership Luncheon
11:30 am - 1:00 pm
12 March Membership Luncheon
15 Irish Celtic 5K, Lakewood Ranch
8:00 am - 10:00 am
15 Palma Sola Botanical Park plants, antiques and crafts sale
8:00 am - 3:00 pm
22 5th Annual Ponies for Pups
22 Lakewood Ranch Community Fund 'Havana Nights' Gala
23 The Bridal EXPO
12:00 pm - 4:00 pm
26 LWRBA March Executive Briefing
7:30 am - 9:00 am
Daylight Saving Time starts 2 a.m. Sunday, so be sure to set your alarm accordingly.
The Tabernacle Christian School middle school student Lauren Medred, an East County resident, earned top vocal honors, taking first place in vocal solo female category of the Florida League of Christian School’s Festival of the Academics and Arts Feb. 28 and March 1 at Southeastern University in Lakeland.
Manatee County schools dominated a state technology competition with five of six top-three finishes earned by Manatee County schools during the 35th annual Technology Student Association State Competition late February.