While the housing market has picked up slightly after the slow start in March and April, it has not been active enough to cause interest rates to rise. Freddie Mac said on Thursday that the average rate for a 30-year fixed rate mortgage ended down to 4.12% down just slightly from 4.15% last week. The average 15-year fixed rate mortgage slipped to 3.21% from 3.25% last week. Looking cross the housing industry nationwide, the majority of new construction has been focused on rental apartments rather than residential homes.
But, here in the Florida Sun Coast, and particularly here in Lakewood Ranch, residential home construction has picked up dramatically driven by the seemingly never-ending demand from people who want to live in one of the ten "villages" that comprise the 15,000+ acre Lakewood Ranch development.
Why does Lakewood Ranch continue to be such a magnet for home buyers? The answer, actually, is quite simple. Lakewood Ranch offers everything a family could want or need to enjoy life; beautiful homes, friendly neighbors, great schools, shopping, dining, a medical center, 54 holes of at the private Lakewood Ranch Golf & Country Club plus the public daily-fee 18-hole Legacy golf course. The community also includes an athletic/fitness center with lighted tennis courts, the Sarasota Polo Club with 9 polo fields plus more than 150 miles of sidewalks, trails, parks and lakes.
As just one example of the wide variety of home and condo options available in Lakewood Ranch, there is a gorgeous, well kept 4 bedroom 3 1/2 bath townhome now for sale in the prestigious Lakewood Ranch Country Club "village." It has lake and golf course views. Bedrooms on both the first and second floors ,and a restful lanai area. The floor features volume ceilings, plantation shutters, granite counter tops, tile in all living areas, and a water softener and a new air conditioner/heat pump unit. he refrigerator and dishwasher were recently updated.
The Lakewood Ranch Golf & Country Club clubhouse is spectacular resembling a 5-star resort with a heated pool and spa, spotless locker rooms, fitness center, and a grill area and kitchen for members' use. Live here in the subruban splendor that is Lakewood Ranch and yet be only minutes away from Crescent Beach on Siesta Key voted one of top 10 beaches in the world. Built in 2006, with 2,733 sq ft of air conditioned space, this townhome is available for $353,000.
Call me for more information about this and other Lakewood Ranch real estate offerings at 941.228.2321 or visit my Sarasota Florida real estate site for information on all the nicest golf, waterfront and in-town real estate opportunities in the Sarasota Florida area including Bradenton and Anna Maria Island as well as on Lido, Longboat, Siesta and Bird Key. I'd be happy to answer your questions and introduce you to the relaxing lifestyle here in my home town in Lakewood Ranch.
