John Cannon reports sales up in fourth quarter

John Cannon reports sales up in fourth quarter

STAFF REPORT- Bradenton Herald

SARASOTA -- Custom home builder John Cannon Homes saw a dramatic increase during the fourth quarter with 27 home sales, the company said.

Sales for the fourth quarter totaled $23.3 million. Homes ranged in price from $400,000 to $2 million.

"We saw interest in the custom-home market begin to pick up in early 2011 and continue on through 2012. 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" said John Cannon, president and CEO of John Cannon Homes.

This year John Cannon Homes will add three additional new models, one each in The Links at Rosedale, The Concession and Legends Bay at IMG. The company continues to build in The Concession, The Forest at Hi Hat Ranch, Legends Bay, Rive Isle, Riviera Dunes, Founders Club, Spice Bay on Siesta Key, Tierra Verde in Pinellas County, MiraBay and Stonelake Ranch in Hillsborough County.