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Lakewood Ranch housing market remains steady

Lakewood Ranch
Posted at 4:58 AM, Feb 03, 2023
and last updated 2023-02-03 13:31:39-05

LAKEWOOD RANCH, Fla. — Lakewood Ranch is one of the fastest-growing communities in the state.

Eight years ago, Sandy Clarke moved here from Chicago. Now, she lives in one of the most sought-after communities in Florida, something that is no surprise to her.

“I saw all the construction. I have friends who are realtors crazy busy, couldn’t find places, there were bidding wars," said Clarke.

Realtor Becky Sigler showed us a luxurious $1.8 million home right next to one of the community lakes.

“There are buyers out of the woodwork, so I won’t have any trouble," said Sigler.

There's really something in Lakewood Ranch for different types of buyers.

“Lakewood ranch has 10 builders, and they range from $300,000 to $1.5 million plus," said Sigler.

Good schools, arts and culture and 100 restaurants in just a 10-mile radius are reasons why last year Sigler said 1,900 homes were sold here. It's expected to keep at that pace in 2023.

“Especially with the interest rates going down to 6%," says Sigler.