SOURCE: WCI Communities

WCI Communities

December 01, 2011 13:18 ET

WCI Communities' Heron Bay Mirrors National Trend on Sales Increase

National Association of Realtors Reports Spike in Pending Sales Over Year-Ago Figures

BONITA SPRINGS, FL--(Marketwire - Dec 1, 2011) - On the heels of a National Association of Realtors report showing a dramatic increase in October pending sales over last year's figures, WCI Communities announced that it is also experiencing tremendous residential sales in its Heron Bay community. Located in Parkland, the sales of new homes in Heron Bay are meeting the company's aggressive sales projections. WCI launched sales of 196 new homes in May and nearly 60 are now under contract.

"We are pleased to see an overall increase in pending sales nationwide and are finding that South Florida buyers are back to purchasing new homes," said Douglas L. Schwartz, Senior Vice President of WCI Communities. "There has never been a better time to buy, with historically-low interest rates. We are finding that buyers are opting for new construction and are demanding modern design features and energy efficiency."

Heron Bay is a master-planned gated community of 3,000 homes on 1,184 acres. Residents of the community enjoy a tropical resort vacation without leaving home. For a low HOA fee, residents have access to amenities that rival many four-star resorts.

Heron Bay offers two spectacular clubhouses: The Commons with 6,000 square feet and the 23,000-square-foot Plaza del Lago. Between the two facilities, Heron Bay offers two resort-style pools, two fitness facilities, a kids' spray park, indoor and outdoor racquetball courts, an arts and crafts room, as well as a tennis center with 10 Har Tru courts and two hard courts and a tennis shop. The community also features biking and walking trails interlaced throughout the community and Heron Bay Golf Club, owned and operated by ClubLink, which hosted the PGA Tour Honda Classic for six years.

The welcome center, located on Heron Bay Drive just off Coral Ridge Drive, is open seven days a week. The welcome center can be contacted at 954-340-2679.

About WCI Communities
WCI Communities creates amenity-rich, master-planned lifestyle communities, catering to move-up, active adult and second-home buyers. The company offers traditional single and multi-family home choices with prices from the mid-$100,000s to just under $1 million. In addition to homebuilding and development, WCI generates revenues from its Prudential Florida Realty business, the second largest residential realty company in Florida; its Wells Fargo-affiliated mortgage services; insurance and title services; and its recreational amenities, as well as through land sales and joint ventures. For more information, visit www.WCICommunities.com.

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