Tuesday, January 31, 2017

Top Master-Planned Communities of 2016 | John Burns Real Estate Consulting

Top Master-Planned Communities of 2016 | John Burns Real Estate Consulting



...EXCERPT...

Strong fundamentals supported 2016 housing demand. Low mortgage rates, steady job growth, improved income growth, and low resale and new home inventory levels all contributed to strong new home demand in 2016. A growing number of first-time buyers purchased new homes in 2016, and many more are shopping around. Demand in the move-up price bands remained steady, although we identified pockets of heavy competition in many metros where average sales rates declined and incentives grew more common.
Mostly Warm or Hot market conditions. Throughout 2016, we continued to rate most of the 50 top new home markets as Warm or Hot, based on current sales and pricing trends. Warm market conditions reflect normal sales and pricing trends with broad-based demand across buyer segments.
Execution matters. While market conditions were favorable, the developers had to stay focused and creative to compete. Our consulting team consulted on or visited every one of these communities in 2016, frequently noting careful segmentation, thoughtful amenity packages, consideration for walkability, outdoor living and social interaction, and outstanding development execution at just about all of them. We highlighted the unique amenities offered at several of the top masterplans in October and featured several of the top communities throughout the year in our DesignLens subscription.
More sales needed to qualify for this year’s top 50 list. The threshold for our Top 50 ranking was 298 sales this year, up notably from 263 last year. The competition was very close for the last five spots in our ranking, with 10 masterplans reporting sales in the 275–300 range.
Giant sales increase at Cadence. With a 242% year-over-year increase, the Cadence masterplan in Las Vegas wins the prize for most improved sales.
Two developers placed four MPCs each in the top 50. Johnson Development accounts for four of this year’s top 50 masterplans, all in Houston. Lennar also claims four of the top 50 masterplans, including those developed by its Friendswood Development and Five Point Communities affiliates as well as ventures with other builders.
32% of the Top 50 call Texas home. By region, 16 (32%) of the top 50 masterplans are in Texas, 9 of which are in Houston. Florida contributed 11 of the top 50 (22%) followed by California with 8 (16%). Las Vegas scored 5 top-selling masterplans, and both Phoenix and Denver produced 3.

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Florida

SarasotaManager Kristine Smale notes, “The West Villages makes its debut in our ranking this year as four thriving communities recently combined to operate as a master-planned community. The 8,000-acre property is already home to several national builders, including Lennar, DiVosta (a Pulte brand), and WCI Communities. Located in Venice, the West Villages offers homes across all price points and primarily targets retirees and second-home buyers, but it has also attracted families due to the highly-ranked Sarasota County schools. With three new neighborhoods opening in 2017, we expect additional builders to enter the masterplan this year.”
NaplesAlthough new home prices in Naples continue to climb, challenging the limits of what buyers can afford, Kristine says, “Ave Maria in Eastern Collier County increased sales by 20% in 2016, proving the strong demand for relatively affordable housing in the Naples area. Ave Maria has seven active neighborhoods with prices starting in the low $200s, including an age-restricted Del Webb community. The MPC offers a variety of product that appeals to families and retirees alike. The masterplan is also home to Ave Maria University and a 57-acre commerce park anchored by Arthrex, a global medical device company.”
TampaKristine continues, “FishHawk Ranch, a masterplan by Newland, has been a regional powerhouse in Tampa for several years. David Weekley Homes introduced its first age-targeted neighborhood, Encore at FishHawk, in 2016 and has successfully attracted buyers wanting to live near their children and grandchildren, but in a distinct neighborhood. The 12 builders operating in the masterplan provide a variety of home offerings, from entry-level to custom residences. The masterplan is approximately 80% built-out, and we expect it to continue to capture strong market share until completion.”
OrlandoKristine points out that “Lake Nona at #12 remains the best-selling masterplan in the Orlando region and the 5th-fastest selling in the state. The significant attraction of industry and high-wage jobs fuels housing demand in the masterplan. The community is known for its Medical City campus, which is home to the UCF College of Medicine, Nemours Children’s Hospital, the Sanford-Burnham Medical Institute, and the future Orlando VA Medical Center. The new USTA National Headquarters will also open in the masterplan in early 2017, and KPMG recently purchased land to build a $430 million training and conference center.”
Principal consultant Lesley Deutch adds that “Summerlake nearly doubled the number of homes sold in 2016 and now ranks as the 6th-fastest selling MPC in the state. Summerlake has succeeded in a very crowded Horizon West submarket through a combination of diversifying builders and offering new home products and lot sizes. Summerlake has also benefited from being one of the few developer-owned MPCs in Orlando selling finished lots to builders.”

Check out the full report at the link at top of this post. Contact us at West Villages Realty LLC for floorplans and information about communities in the West Villages.



Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Mobile: 941-460-3179
www.WestVillagesRealty.com

Friday, January 27, 2017

West Villages Improvement District Special Board Meeting Next Week

Sarasota Herald-Tribune
1/26/2017
Miscellaneous Notices
WEST VILLAGES
 IMPROVEMENT DISTRICT
NOTICE OF SPECIAL BOARD MEETING

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the West Villages Improvement District will hold a Special Board Meeting on February 2, 2017, at 11:00 a.m. in a Meeting Room of the City of North Port located at 4970 City Hall Boulevard, North Port, Florida 34286.

The purpose of the Special Board Meeting is to discuss matters pertaining to spring training and to conduct any business properly coming before the Board. The meeting is open to the public and will be conducted in accordance with the provisions of Florida law. A copy of the Agenda for this meeting may be obtained from the District's website or by contacting the District Manager at (561) 630-4922 and/or toll-free at 1-877-737-4922.

From time to time one or more Supervisors may participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place. The Special Board Meeting may be continued as found necessary to a time and date specified on the record.

If any person decides to appeal any decision made with respect to any matter considered at this Special Board Meeting, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the District Manager at (561) 630-4922 and/or toll free 1-877-737-4922 at least seven (7) days prior to the date of the meeting.

Meetings may be cancelled from time to time without advertised notice.

WEST VILLAGES IMPROVEMENT
DISTRICT

www.westvillagesid.org

PUBLISH: 01/26/17



Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Mobile: 941-460-3179
www.WestVillagesRealty.com

Tuesday, January 17, 2017

Braves Pick West Villages!

http://www.heraldtribune.com/news/20170117/atlanta-braves-pick-sarasota-for-new-spring-training-complex

The team is in exclusive negotiations with Sarasota County and the City of North Port

By Staff Report
SARASOTA - The Atlanta Braves announced Tuesday that the organization has picked Sarasota County for its new spring training complex. The team is in exclusive negotiations with the county and the city of North Port to move operations as soon as the 2019 spring season.

The Braves previously announced plans to move to a new spring training center in 2019, after the team's lease ends at Disney's Wide World of Sports in Orlando. Team executives have tried negotiating with Sarasota, Palm Beach and Collier counties over the past year.

[Read the rest at the link above.]

Ali



Tuesday, January 3, 2017

Next West Villages Improvement District Supervisory Board Meeting


Sarasota Herald-Tribune
1/3/2017
Miscellaneous Notices
WEST VILLAGES
IMPROVEMENT DISTRICT
NOTICE OF REGULAR BOARD MEETING

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the West Villages Improvement District will hold a Regular Board Meeting on January 12, 2017, at 11:00 a.m. in a Meeting Room of the City of North Port located at 4970 City Hall Boulevard, North Port, Florida 34286.

The purpose of the Regular Board Meeting is to conduct any business properly coming before the Board. The meeting is open to the public and will be conducted in accordance with the provisions of Florida law. A copy of the Agenda for this meeting may be obtained from the District's website or by contacting the District Manager at (561) 630-4922 and/or toll-free at 1-877-737-4922.

From time to time one or more Supervisors may participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place. The Regular Board Meeting may be continued as found necessary to a time and date specified on the record.

If any person decides to appeal any decision made with respect to any matter considered at this Regular Board Meeting, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the District Manager at (561) 630-4922 and/or toll free 1-877-737-4922 at least seven (7) days prior to the date of the meeting.

Meetings may be cancelled from time to time without advertised notice.

WEST VILLAGES IMPROVEMENT
DISTRICT

www.westvillagesid.org

PUBLISH: 01/03/17

Tuesday, December 27, 2016

Oasis at the West Villages RFP Committee Meeting Announced

Sarasota Herald-Tribune
12/27/2016
Miscellaneous Notices
WEST VILLAGES IMPROVEMENT DISTRICT

NOTICE OF COMMITTEE MEETING FOR OASIS PHASE 1 (UNIT 4) RFP

West Villages Improvement District announces that the Oasis Phase 1 (Unit 4) RFP Committee ("Committee") meeting will be held on Tuesday, January 3rd, 2017, at 1:30pm at 19503 S. West Villages Parkway, Suite 14A, Venice, FL 32493 for the purpose of evaluating received responsive proposals on the basis of qualifications according to the evaluation criteria contained within the Project Manual. No official action of the District's Board will be taken at this meeting. The meeting is open to the public and will be conducted in accordance with the provisions of Florida law. This meeting may be continued to a date, time, and place to be specified on the record at the meeting. Any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Engineer's Office at 941-907-6900 at least five calendar days prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at  1-800-955- 8770, for aid in contacting the District Engineer's Office.

Each person who decides to appeal any decisions made by the Oasis Phase 1 (Unit 4) RFP Committee with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Date of pub: Dec. 27, 2016

Neighborhood Meeting for "Village D" Pattern Plan Announced

From http://granparadisovillage.blogspot.com/2016/12/next-neighborhood-meeting-for.html

Charlotte Sun
12/26/2016
Miscellaneous Notices

PUBLIC NOTICE A neighborhood meeting will be held on January 10, 2017 at 6 PM at the Englewood Sports Complex, 1300 S. River Road, Englewood, FL 34223, to discuss a proposed Village District Pattern Plan (VDPP) for Village D. The subject property for Village D  is a 626.40+/- acre parcel located along the south side of South Tamiami Trail, west of West Villages Parkway, east of Islandwalk, in North Port, Florida. The purpose of the meeting is to inform the community about existing site conditions, upcoming steps in the VDPP process, and to seek their input. This is the third public workshop in a series for this project.

Publish: December 26, 2016
132408  3398680


See you January 10th!






If you are considering purchasing a home in this community, I can assist you. My services are of no cost to you, and in most every instance, I am even able to save home buyers money.  I do not work for any of the wonderful builders/developers in the West Villages Improvement District, or any others for that matter. My services and information (including the resources provided on all of my websites) are wholly independent of these developers. No other independent professional is more knowledgeable about this community, and enlisting me to assist with your transaction can provide you with a wealth of information as well as saving you money.

Please, check out my Venice area website, and contact me for more information!
Look forward to hearing from you!
Ali

Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Mobile: 941-539-5771

Saturday, December 3, 2016

From Herald Tribune: In surprise move, state OKs two Venice hospitals

Great news for the West Villages! Choice is a good thing.


From http://www.heraldtribune.com/news/20161202/in-surprise-move-state-oks-two-venice-hospitals


Competing proposals from Venice Regional Bayfront Health and Sarasota Memorial Hospital are approved.


Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Mobile: 941-460-3179
www.WestVillagesRealty.com