DAVE BREWER INC. REPORTS BIG INCREASE IN LUXURY HOME CONSTRUCTION IN 2013

SANFORD, Fla. --- Dave Brewer Inc. has built 11 new luxury homes in 2013 that sold for an average of $1.6 million each. Matt Trask, vice president of Dave Brewer Inc., said the luxury home builder built six homes in 2012 that each sold for $1 million plus. Remodeling projects this year brought an additional $2.5 million in revenues, Trask said. Dave Brewer Inc. has also seen an increase in tear down activity in the Markham Woods/Lake Mary area in which a client purchased an existing home just for the land and tears down the exiting home to build a new one. “Limited lots available for custom homes in the Markham Woods Road area has driven the demand for tear down projects” Trask said.