Bedford at Falls River, Raleigh's top selling new home community, has sold its 1000th new home. The North Carolina community has also seen its sales volume double in 2005. Bedford, a Wakefield Development Company community, revives the traditional neighborhood setting and family friendly atmosphere while combining modern conveniences into today’s homes.
Wakefield Development Company’s Bedford at Falls River, located off Dunn Road in North Raleigh, reached a major milestone as a community. Bedford recently sold its 1000th home – an achievement accomplished in just its third full year of business.
The sales pace of the community has also led to another achievement. Amidst its best year of new home sales to date – and thanks to a sound Triangle job market – Bedford has doubled its total sales volume to match combined figures from 2001-2004. Wakefield Development Company says Bedford sold $97,549,418 in homes through the end of 2004. The community has since sold $126,489,002 in new homes through the second week of November.
“We’re thrilled to have had such great success at this stage in Bedford’s development,” said John Myers, president of Wakefield Development Company. Myers believes Bedford became one of Raleigh’s most sought after living opportunities due in part to the early planning and investment the developer made in the community’s infrastructure.
He also credits the great amenities and family friendly environment. “Bedford is designed in a way that makes residents want to get out and walk or ride bikes. It encourages everyone to truly become neighbors and help establish an atmosphere that promotes community involvement and social activity.” As Wake County’s top selling new home community, Bedford is designed to appeal to all age groups and lifestyles, and its builders offer a wide mix of home styles and price points to accommodate the diverse market.
About Bedford at Falls River
Bedford at Falls River, a Wakefield Development Company community, revives the traditional neighborhood setting and atmosphere while combining modern conveniences into today’s homes. For more information about the community, please visit www.BedfordTradition.com , call 919-792-0100, or visit the Welcome Center at 4390 Falls River Ave., Raleigh, NC 27614.
About Wakefield Development Company
Wakefield Development Company is the Triangle's largest developer of residential communities, with a portfolio that includes over 14,000 home sites. In addition to the 2004 NCHBA Community of the Year, Bedford at Falls River, the company has six other communities under development across the Raleigh-Wake County market, including Wakefield Plantation, Eagle Ridge, Edgewater, Cornerstone, Delta Ridge and Twin Lakes. Wakefield is developing Mackintosh on the Lake in Burlington, and will begin construction of two new Triangle area communities, Renaissance Park and Twelve Oaks. For more information, call 919-556-4310, visit www.WakefieldCommunities.com.
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