press release

Eagle Ridge Surpasses Expectations in 2005 Home Sales

RALEIGH, N.C., Jan. 17, 2006 – Eagle Ridge Golf Community, a premier Wakefield Development Community in Southern Wake County, is proud to announce that their home sales were up a phenomenal 76 percent in 2005. The community generated home sales of over $40,500,000 million on 150 homes in 2005.

“We are very pleased with the response and success of Eagle Ridge,” said John Myers, president of Wakefield Development Company. “The community provides residents exceptional value and location and we foresee continued success for Eagle Ridge in 2006.”

The beautiful golf course community spreads over more than 500 acres with over 140 acres of lakes and natural wooded preserves. The community offers residents the opportunity to enjoy the luxuries of a semi-private golf course, swim and racquet club including a junior Olympic-size swimming pool, cabana and children’s wading pool, and tennis courts. The Eagle Ridge clubhouse is perfectly situated on the 18th hole and has a spectacular view of the lake. The clubhouse encompasses over 5,000 square feet with a fully equipped golf pro shop, men and women’s locker rooms.  In addition, a full-service restaurant and bar allows golfers and members to relax and enjoy a delicious dinner in a comfortable environment.

Eagle Ridge offers a diverse collection of traditional and transitional homes plus custom built executive homes starting in the $160s to the $500s. Residents can choose from several well-known builders including, KB Homes, M/I Homes, Logan American Homes, K. Hovnanian as well as team of six custom builders.

About Eagle Ridge Golf Community

Eagle Ridge Golf Community, offering the best golf home values in the Triangle, is centered around the beautiful Tom Kite/ Bob Cupp 18-hole signature golf course. The clubhouse overlooks a beautiful lake and features a full service restaurant and bar, an extensive golf pro shop, and men and women’s locker rooms. The golf community offers recreational facilities for the whole family, including a swim and racquet club with a junior Olympic-size swimming pool, children’s playground and tennis courts.   Located in the delightful town of Garner in Southern Wake County, Eagle Ridge is just 10 minutes from downtown Raleigh. Eagle Ridge was built by Wakefield Development Company, the largest residential developer in the Triangle. For more information on Eagle Ridge Golf Community please call (919) 661-1777 or visit their website at www.eagleridgehome.com.

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, or email info@wakedev.com.