Clermont, FL Real Estate News

I recently had the great opportunity to interview  former Florida Gator and Orlando Magic center Andrew Declercq.  Andrew was instrumental to the Gators trip to the Final Four in 1994. In 1996, he was drafted by the NBA's Golden State Warriors. "The Hammer" went on to have a 10 year career in the NBA with 5 of those seasons spent with the Orlando Magic.     1.) First things first. You are now a Clermont resident. I have to know,  how long have you been in Clermont and what attracted you to our beautiful city? My family and I moved to Clermont 2 years ago.  My wife and I have been driving through Clermont on the way to where I grew up in Clearwater since 2000.  We loved the lakes, hills and beauty of the city and surrounding areas.  It is still convenient to Orlando and the theme parks, ...
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This is just a little reminder that Grand Highway Baptist Church will be having their October Men's Prayer Breakfast on Saturday, October 10th from 8-9:30 AM. All men are invited to attend. You do not have to be a member or regular attender of Grand Highway Baptist Church to attend. This is a great time of food and fellowship. This is a FREE event. All you have to do is bring yourself and your stretchy pants, because there is a lot of food at it is a really great time.   For more information about Grand Highway Baptist Church, you can visit their website at www.grandhighwaybaptistchurch.com   I look forward to seeing you there!!!
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  I just got an email from my Pastor that the re-zoning for the 5 acre parcel that Grand Highway Baptist Church bought a few months ago has now officially been approved. The 5 acre parcel is located near the intersection of Hancock Rd. and John's Lake Rd. From my understanding, there is no timetable for building yet.   Currently, Grand Highway Baptist Church sits on about 2 acres of land and is located right on the corner of Citrus Tower Blvd. and Grand Highway.   For more information about Grand Highway Baptist Church, please visit their website at: www.grandhighwaybaptistchurch.com    
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I was on my way to the office today and for some reason, I noticed the Citrus Tower standing tall above the hills and houses. I have been in Clermont, Fl. most of my life and I have seen the Citrus Tower thousands of times. Yet for some reason, it really struck me today and I just thought about how much I love living in Lake County. Sure, I have thought about moving out of state a couple times, but various circumstances always kept me here. I am very thankful that I never made the stupid decision to leave. I snapped a picture so that you can see what caught my eye today.    
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Davis Signature Realty LLC has compiled the following August 2009 Market Report for Clermont Florida from data gathered from the Mid Florida Regional MLS.   For homes that have been sold, I used the dates between July 31, 2009 and September 1, 2009. Residential had 103 closed deals in August and Vacant Land had 4. The Commercial Market was non-existent in August.          I also wanted to see how the non-distressed properties were doing. You hear all the "experts" saying that if you aren't distressed, you won't be able to sell your home in this market. I used three categories: REO/Bank Owned/Lender Owned, Short Sales and Non Distressed. In the Mid Florida Regional MLS, there is a special provision for a listing if the home you have listed is REO/Bank Owned or a Short Sale. If there was ...
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I went to the Tower Eatery in Clermont Florida today for lunch. I was looking for a place where I could get a decent meal that abides with my P90X nutrition plan (for more on the P90X nutrition plan, follow my progress here: http://operationbodyrestoration.com).   I knew I wanted something with turkey, but the same old same old (subway, publix, quiznos, etc...) sounded boring. I had been in the Tower Eatery before and remembered they had some really good sandwiches at decent prices. Plus, I like to support the mom and pop places around South Lake County.   I snagged a menu to show you all what the Tower Eatery has to offer:   Next time you are driving by the Citrus Tower and you are having some hunger issues, stop by the Tower Eatery and support your locally owned restaurant.   Johnny D...
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What is a "Short Sale"? Am I eligible for a "Short Sale"? These are a few questions that I have been asked recently. Actually, ever since I became a Certified Short Sale Professional, I have been getting these questions ever more frequently. In short, a short sale is when the lender (bank, mortgage company, etc...) agrees to take a lower amount than what you owe to accommodate the sale. Why would the bank take a lower amount than what I owe? There are actually a few reasons:  Banks don't want your house. They don't want to foreclose on your home. There are a ton of legal fees that are involved in the foreclosure process. They don't want to get involved in the eviction process. They don't want to rehab the house. Have you been in any REO homes? Alot of them have been stripped and trashed...
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    I just got an email from a friend of mine that the Central Florida Kidfest & Family Expo 2009 will be Saturday, September 26, 2009 from 9:00 AM to 2:00 PM. If you are like me, you probably have no idea what the Central Florida Kidfest & Family Expo is. I took a quick  glance at their website and found the following tidbits: There will be child safety highlights that will include: Fire Safety Demonstrations, Child Fingerprinting, Electrical Safety, Child Identification, Car Seat Safety, Firearm Safety, Swimming and Pool Safety and many more safety ehibits. There will be balloons, ice cream, cotton candy, funnel cakes, food, drinks, face painting (I think I will let my little girl get her face painted for the first time!), clowns and much more!!!   This event has FREE admission. For m...
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Mary Shanklin of the Orlando Sentinel had a very interesting article this morning titled "Unsold Mansions Bedevil Builders".  The article goes on to talk about home some custom home builders, who built extravagant "spec" mansions back in 2007, are now struggling to get their homes sold. She mentioned one home in Orlando's Baldwin Park that was originally listed for $4 million in 2007 is now currently listed at $2 million.   Her article made me think about the million to multi million dollar homes we have here in South Lake County. I was curious to see how many $1 million to $1 million+ homes we actually have listed in our area, how long they have been listed for (the longest was 1,739 days) and what they look like. Here is what I have found:   Currently, in South Lake County (Clermont, ...
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Has the market for luxury homes in Clermont Florida been picking up? Well, looking at a few stats from the Mid Florida Regional MLS, it appears that the Luxury Market may be starting to pick up a little steam. What is the Luxury Market? Well, if you google "Definition of Luxury Homes", it will give you this definition: "The real estate market niche targeted at the highest socio-economic group of consumers". Ok, again, what is the Luxury Market? My definition of the luxury market for this blog post is "any residential home sold for $500,000 or more". So, with a definition that we can actually understand, let's do a little research. Going back to 2007, there were only two homes sold in Clermont, Florida that were equal to or greater than $500,000. One home sold for $888,000 and the other ...
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Just wanted to send a little post out telling about my current experience with a short sale that I am working on. The owner is now Bank of America, who recently bought out Countrywide (Link). I brought a buyer who was willing, ready and able to purchase. We submitted an offer that was very close to asking and we submitted a pre-qualification letter with our offer. Three months later, we have still not heard from the seller. They keep telling the listing agent to call back later. Fortunately, my buyers are being patient. They understand that in order to get this particular deal, they may be waiting for 3 more months.    Are short sales a good deal? They can be, if you are patient. In my experience, you'll need to wait several months to close on a short sale deal. If you have that kind of...
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  As Davis Signature Realty LLC begins to deal with more and more buyers, some of which are for personal residence, some of which are investors, I am getting this question asked of me: What are those little A-Frame Houses in Clermont off of Hwy 27? Immediately, I know they are talking about Vacation Village. What is Vacation Village? Vacation Village is a small condominium resort located in the heart of Clermont. Being right off of HWY 27, you are just a short distance from Walt Disney World, Epcot, Universal Studios, Sea World and just about an hour away from Busch Gardens.   What types of amenities does Vacation Village to offer? Vacation Village offers the following: 1. Private Beach on Lake Louisa 2. Laundry Facility 3. Recreation Rooms 4. Heated Olympic Size Swimming Pool 5. Shuff...
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I just got back in the office after a long morning of previewing some bank owned homes. I always know that when I walk into a bank owned home, to expect the worst. However, I really think that some people should definitely take a little more pride in their job. These bank owned homes all have listing agents and listing brokers, so it's not like the bank has no representation, and the home is sitting vacant for months and months with nobody ever to see it. Are these brokers and agents not checking up on their listings?    I understand that most of these homes were left in bad condition and the asking price typically reflects that bad condition. However, people should do a little house cleaning to tryand tidy up these places just a bit. I walked into quite a few today that had broken tile...
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By Cathal Duffy, Florida Virtual Tour Provider
(A&D Marketing Solutions, Inc.)
Another Great Virtual Tour provided by www.VirtualOnlineTours.com Florida’s Leading Virtual Tour Provider! To showcase your own property in the most effective manner, call or e-mail today! 888-598-6562 or Email VirtualOnlineTours.com
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After many years of waiting...and I mean many (I am 32 years old and have been in Clermont since 6th grade), Clermont Florida is finally getting a movie theatre. No more driving to the Lake Square or West Oaks Malls to catch a flick. EPIC Theatres of Clermont has announced that they will be open Friday, April 24th!! The new theatre has the following: --All Stadium Seating --Digital Projection --4 RealD 3D Screens  --Rocking Chair Seats and Retractable Armrests --Digital Sound If you want to find out what movies will be playing, call 352-242-6684 to view movie times online, go to www.epictheatres.com Epic Theatres of Clermont is located at 2405 S. Highway 27 Clermont, Fl. 34711 See you there!! Johnny Davis Davis Signature Realty LLC  www.iselllakecounty.com
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Here is the market report for March 2009 for Clermont Florida. All stats are gathered by Davis Signature Realty LLC from the Mid Florida Regional MLS.   ***Everything listed below occurred during March 2009***    Note: () is the previous month's number Residential 1. Residential Listings: 242 (166) 2. Residential Listings Pending: 37 (17)  3. Residential Listings Sold: 9 (2) 4. Average Sales Price: $131,847.22 ($316,995)  Commercial 1. Commercial Listings: 10 (12) 2. Commercial Listings Pending: 0 (0) 3. Commercial Listings Sold: 0 (0) 4. Average Sales Price: $0 ($0) Vacant Land 1. Vacant Land Listings: 26 (10) 2. Vacant Land Listings Pending: 0 (0)  3. Vacant Land Listings Sold: 0 (0) 4. Average Sales Price: $0 ($0)  Currently, there are 11260 residential listings, 103 commercial listi...
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Just wanted to quickly remind you that this Friday and Saturday (March 13 &14) is Clermont Florida's annual "Pig on the Pond" Event.    Pig on the Pond has events such as: 1. The Great Chili Challenge 2. Country Recording Artist Carol Ann 3. Ritter's Frozen Custard Eating Contest 4. Chick-Fil-A Nugget Eating Contest  5. Karaoke Master 6. Fireworks 7. Carnival 8. Much More!!!! The event opens Friday from 5:00 PM to 10:00 PM and Saturday from 10:00 AM to 10:00 PM. For more information, Click Here (Pig on the Pond) It will be a great time! Hope to see you there!! Johnny Davis Davis Signature Realty LLC  www.iselllakecounty.com
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Here is the market report for February 2009 for Clermont Florida. All stats are gathered by Davis Signature Realty LLC from the Mid Florida Regional MLS.   ***Everything listed below occurred during February 2009*** Note: () is the previous month's number   Residential 1. Residential Listings: 166 (188) 2. Residential Listings Pending: 17 (19) 3. Residential Listings Sold: 2 (5) 4. Average Sales Price: $316,995.00 ($230,568.80)   Commercial 1. Commercial Listings: 12 (11) 2. Commercial Listings Pending: 0 (0) 3. Commercial Listings Sold: 0 (0) 4. Average Sales Price: $0 ($0)   Vacant Land 1. Vacant Land Listings: 10 (19) 2. Vacant Land Listings Pending: 0 (0) 3. Vacant Land Listings Sold: 0 (0) 4. Average Sales Price: $0 ($0)   Currently, there are 1319 residential listings, 100 commerc...
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By Richard D. Ferris, Florida State Certified (FHA) Appraiser
(AmcAppraisalsinc.com)
I am keeping an eye on the wildfire still burning near SR 50 and CR 561 in Clermont today. My home and office (in my home) is loctaed just a few miles south of this wild fire. I took a drive along CR 561 this morning while the road was still open, and captured some recent pictures of the burned over area. I am truly grateful for the firefighters and forestry division for all their hard work over the last couple of days! So far, no homes have been destroyed or damaged - although some surrounding lands are charred. It all grows back eventually - but it certainly makes one grateful for the blessing of a safe home and famlily. I extend my heartfelt thanks to our public servants for their hard work keeping homes and families like mine safe! Make it a SAFE day... AUTHOR: Richard D Ferris - Am...
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