Naples, FL - October 23, 2012 - Low borrowing costs and a decline in the supply of foreclosed homes have combined to provide a favorable environment for homebuilders in 2012. Home builders have continued to outpace the broader markets in 2012 as record low mortgage rates have boosted demand for new custom homes. With more qualified traffic and increasing new home contracts, Vineyards continues to build.

"As we see an increase in new home sales, we are a little more optimistic about future building, and buyer traffic and the mortgage environment is favorable," said Michael Saadeh, President and CEO at Vineyards. "New home sales will continue to improve over the next few months and in the coming year."

Meticulous planning, design and construction have enabled Vineyards Development Corporation and its subsidiary Premier Builders Incorporated to remain debt-free and offer distinctive quality building unlike the rest. The unique builder/developer relationship between Premier Builders and Vineyards Development Corp. is the secret behind the company’s continued confidence and financial stability. It eliminates the overhead and risks most other builders incur by buying lots from another developer. As a result, buyers enjoy much greater value and reliability.

Buyers also enjoy peace of mind because Premier Builders has a vested interest in the long-term value of their home and the Vineyards community. The quality of construction with consistent pricing can be seen in every residence within this hallmarkNaples master planned community. Buyers appreciate the exceptional dedication to quality and design in these homes, the investment value, as well as being conveniently located.

The Vineyards offer a variety of new homes in six different neighborhoods. Spec units are available in all neighborhoods for immediate occupancy with pricing from the $400,000s to over $3,000,000.00. Each of the 15 decorated models compliments the Southwest Florida lifestyle and has lakefront fountain views and/or golf course views.

"For over 25 years, the Vineyards has been a strength within the Naples market." says Michael Saadeh. Vineyards is a debt free community and never once had any financial problems or assessed its residents. Vineyards is not a CDD (Community Development District); therefore, the maintenance fees are significantly less than most other communities in the area.

The Vineyards Realty New Home Sales Center is located at 75 Vineyards Boulevard, on the 2nd Floor. From I-75 north take exit 107 a quarter mile east to Vineyards Boulevard. For more information call (239) 353-1920 or visit Vineyards on the web at http://www.vineyardsnaples.com.