Neal quarterly sales up 85%

SARASOTA — With 47 closings in March, Neal Communities Inc. ended the first quarter of 2011 with 107 sales, up 85% over the year.

“Talk of the demise of the housing market is greatly exaggerated,” states Pat Neal in a company statement.

“This is a strong and steady market rebound; the kind of recovery that lasts,” Neal adds. “We are also seeing the second homebuyers return, and Manatee and Sarasota remain favorite locations for these vacation and retirement homebuyers.”