LATEST NEWS

  • Models now under construction – New Aerial Photography 5-11-12

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    The models are under construction at The Preserve at Corkscrew!

    Lannar and Pulte new homes for sale in Estero, FL.

  • Lennar to build homes in The Preserve at Corkscrew in Estero

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    Naplesnews.com

    Contributed by Lennar Homes

    Sunday, May 6, 2012

    Lennar Homes is one of the two premier builders selected to build homes in the Preserve at Corkscrew.

    Lennar is offering its Executive and Manor homes priced starting in the mid-$200s. Building is anticipated to begin in mid-June.

    Lennar’s “Everything’s Included” philosophy of building gives the consumer the most value for their money including granite countertops, a stainless steel appliance package, brick pavers, crown molding, tile in the wet areas and tile roofing.

    The Preserve at Corkscrew will feature an array of amenities including a resort-style swimming pool, pool cabana with fireplace and TV overlooking the lake, tennis courts, gathering room, fitness center, aerobics studio, library, conference room, nature preserves, 16 lakes and sidewalks throughout the community. An upscale restaurant is planned at the entrance to the community.

    The Preserve at Corkscrew is located two miles east of Interstate 75 on Corkscrew Road.

    Lennar Corp., headquartered in Miami, builds homes in 18 states.

  • Roads are in – New Aerial Photography 4-10-12

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    The Roads are in at The Preserve at Corkscrew!

    Lennar and Pulte new homes for sale in Estero, FL.

  • New Aerial Photography 3-10-12

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  • New Aerial photography 2-10-12

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  • New Aerial Photography 1-10-12

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  • New Aerial Photography 12-10-11

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  • New aerial photography 11-10-2011

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    Each month we will post new aerial progress photos of The Preserve at Corkscrew.  Construction is full speed ahead! Click on images to enlarge.

  • Phase 1 Site Clearing 95% Complete!

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    The Preserve at Corkscrew phase 1 site clearing is approximately 95% complete with preparations under way for grading and infrastructure installation in Estero, Florida.

  • The nation’s largest home builders say that buyer traffic has picked up, sales increased and prices are stabilizing

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    Encouraging news for The Preserve at Corkscrew!

    Is the new-home market finally leveling off?

    WASHINGTON – Oct. 31, 2011 – The nation’s largest home builders say that buyer traffic has picked up, sales increased and prices are stabilizing, according to The Wall Street Journal. The Commerce Department reported that, for the first time in five months, new-home sales rose, increasing 5.7 percent in September. Builder confidence also rose, reaching its highest level in a year in October, according to an index of builder sentiment by the National Association of Home Builders.

    Falling home prices and low mortgage rates have encouraged buyers, some builders report. Builders say they’re trimming some of the big losses plaguing them since the housing bubble burst; but they note they still have a long climb out of one of the worst years on record for new-home sales.

    PulteGroup Inc., the second largest builder in the country, reported an 8 percent increase in revenue to $1.14 billion in the most recent quarter. The company also reported narrower losses in the most recent quarter: $139.3 million in losses this quarter compared to $995.1 million a year earlier, The Wall Street Journal notes.

    Ryland Group Inc. also narrowed its losses: $21.3 million from $29.9 million the year prior. Its revenue also increased, rising 23 percent to $249 million, and its closings also rose 20 percent and orders climbed 30 percent.

    “Hopefully, this is an indication that we reached a baseline of demand for new homes in this country and that better days are ahead,” Larry Nicholson, Ryland’s chief executive, said in a conference call with investors.

    Source: “Builders May be Hitting a Bottom,” The Wall Street Journal (Oct. 27, 2011)

    © Copyright 2011 INFORMATION, INC. Bethesda, MD (301) 215-4688

    View online article

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