Heritage Finishes Second Strongest Third Quarter Since Opening in 2000

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Sale Price Continues to Rise with New Home Sales Nearing Record Highs

Heritage Wake Forest - Rolesville

Heritage Wake Forest - Rolesville

These third quarter results indicate that the market continues to improve. We’re looking forward to a strong fourth quarter finish to 2013. - Andy Ammons, Ammons Development Group

The master-planned community of Heritage reports third quarter sales of 65 homes, nearly matching the 2005 third quarter high of 67 sales. Additionally, Heritage new home sale prices continue to rise, boasting a 5% increase for the quarter.

“We are continuing to see growth at Heritage,” says Andy Ammons, president of Ammons Development Group, Heritage developer. “These third quarter results indicate that the market continues to improve. We typically see a sales dip during third quarter, but this year we didn’t. And, we’re looking forward to a strong fourth quarter finish to 2013.”

September Heritage new home sales provide other indicators of the community’s continued leadership as well as market improvements. The list price to sale price ratio remains strong at 100% and sales for the year are nearing 200 homes.

For more information about life in the desirable Heritage community, please visit http://www.HeritageLiving.com.

Heritage is located near the historic downtown district of Wake Forest, NC and extends into the growing community of Rolesville, NC. This master- planned community is comprised of 37 individual neighborhoods and offers townhomes and single-family homes priced from the $160s to the $600s. Heritage offers a variety of recreational amenities including golf, tennis, two swim complexes, miles of walking and biking trails, greenways, playgrounds, soccer fields, an amphitheater and a fully stocked fishing pond.

This exceptional community has been named Master Planned Community of the Year, three times in its twelve-year history by the Home Builder’s Association and the golf course was given an outstanding 4-1/2 Star rating by Golf Digest Magazine. Heritage was also named Best of the Best Neighborhood by Wake Forest Weekly in 2011, 2012 and 2013.

For more information on the community, please call 919-453-2000 or visit us online at http://www.HeritageLiving.com. Become a fan at Facebook.com/HeritageWakeForest. Sales by Coldwell Banker Howard Perry & Walston Builder Services. Marketing by Martin Communications.

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Laura McAliley