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Lakeland, FL Real Estate News

By Ben DeHaven, Proudly serving Central Florida!
(Haven Realty & Investments)
If you are looking for a (mostly) one story home with a 3 car garage, check out the Barcello Bonus by M/I Homes at Hawthorne Ranch in South Lakeland! All you have upstairs is a bonus room, with the option of adding a bathroom, and even a 5th bedroom if you desire. The master and 3 other bedrooms are downstairs. Why M/I Homes?They offer semi custom options on all of their floor plans, along with an upgraded curb appeal when compared to their competition in the neighborhood. They are also offering very competitive incentives, such as up to $75,000 off, and money towards closing as well as a rate buy down if you are not paying cash. Why Hawthorne Ranch?The Homes for sale in Hawthorne Ranch offer great access to everything South Lakeland has to offer, as well as County Line road for quick a...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Overall Lakeland FL Real Estate Market Report for July 2010 So far for this year overall Lakeland Home prices averaging around $117,000 and July’s average overall home price was $116,042.  However, only 169 Lakeland Homes sold last month, producing the third lowest numbers of Lakeland Homes sold for this year.  Average and median prices for the overall Lakeland FL Real Estate Market declined sharply from the previous year by double digits.  Distressed properties continue to be a major contributor in determining market values for Lakeland FL homes with over 60% of the market share. Lakeland Homes sold in July: 169 - previous month:  216 – previous year July 09: 189 soldJuly – average sales price $116,042 Previous month: $118,182 (-1.81%) – previous year July 09: $148,233 (-21.72%) July ...
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By Highland Homes, Building Dream Homes in Florida Since 1996
(Highland Homes)
Now is the perfect time to join central Florida home builder, Highland Homes, in partnership with USDA Rural Development and help the area’s residents as part of "Haven for Hunger" food drive. You have until August 30 to drop off donations of non-perishable food items to any of Highland Homes’ 22 model centers or corporate offices in Lakeland. Summer is a time that food donations typically drop, so this drive aims to increase the amount of available food. Donations will go to food pantries, food banks and soup kitchens to be distributed to the community. Some of the suggested items to donate include: canned fruits, juices, condiments, tomato sauces, low sodium/no salt added canned vegetables, soups, multigrain cereal, pasta, rice and canned proteins such as tuna or peanut butter. Highla...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lunch Date…not sure where to go – Give Black & Brew Coffee House & Bistro in Lakeland FL a Try! Recently I met with two wonderful ladies for lunch at Black & Brew Coffee House & Bistro, located on 205 E Main Street, Lakeland, Florida right across from Munn Park in downtown Lakeland.   I have been there on many occasions for a cup of coffee with a client or a gathering such as a tweetup, light dinner during First Fridays.  I have never been disappointed in their food or their service.    Greeted by friendly staff who in no time served me the drink and provided me with their lunch recommendations.  There are plenty of choices for the most discriminating patron.  From the typical club sandwich and panini to the colorful Mediterranean Salad or a gourmet flat of Steak & Truffled Portobello ...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland FL Homes For Sale - Real Estate Update for July 16 - July 31, 2010 Update for the Lakeland Real Estate market!  Newly listed homes for the period of July 16 through July 31, 2010.  A total of 208 Lakeland FL homes were recently listed with area Realtors®.  The average sales price of Lakeland home for sale increased to $154,161 from my previous report. The total inventory of Lakeland real estate is 2014 as of 08/05/2010. The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows: 1 duplex listed with an average sales price of $59,000 7 condos listed with an average sales price of $98,800 17 mobile homes listed with an average sales price of $64,194 10 townhomes/villas listed with an average sales price of ...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland Florida First Friday August 6th, 2010 - "Dog Days of Summer" "Dog Days of Summer" is one of the most visited events of Lakeland Florida's First Fridays and the Lakeland Downtown Partnership has planned "Dog Days of Summer" successfully for six years now. This free family event will be held August 6th, 2010 downtown Lakeland around Munn Park from 6-9pm. It is all about your pooches.... so leash up your four-legged family member, the evening is filled with fun and activities for the whole family and your dogs to enjoy. Geodog Days of Summer and bandanas with your dog's paw prints at the General Store Brooke Pottery - dog themed jewelry, junkyard dog garden sculptures and more  Lakeland Police K-9 dogs - help support LPD K9 unit Lakeland-Winter Haven Kennel Club - up close and pe...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland FL Homes for Sale - Update for July 01 - July 15, 2010 Update for the Lakeland Real Estate market!  Newly listed homes for the period of July 01 through July 15th, 2010.  A total of 168 Lakeland FL homes for sale were recently listed with area Realtors®.  The average sales price of Lakeland homes for sale increased to $149,739 from my previous report. The total inventory of Lakeland real estate is 2035 as of 07/29/2010. The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows: 3 duplex listed with an average sales price of $64,300 6 condos listed with an average sales price of $81,700 17 mobile homes listed with an average sales price of $74,953 5 townhomes/villas listed with an average sales price of $...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Sandpiper Golf & Country Club  - Lakeland Florida – Real Estate Market June 2010The Sandpiper Golf & Country Club in Lakeland, Florida is an active 55+ adult community situated just off Interstate 4 and North Socrum Loop.  A development with about 1200 single-family homes and villas with home sizes from 900 – 2,000 square feet. What is selling at Sandpiper Golf & Country Club? Sandpiper Golf & Country Club Real Estate Market Snapshot:Sandpiper Golf & Country Club Homes for Sale:  Active listings (07/28/2010): 29 homes - average price of $144,534Pending listings: 3 homesSold Homes – Overall Average Sales Price is $133,869 – here is a monthly breakdown:January – 1 home - $163,000February – 3 homes – average price $113,333March – 3 homes – average price $151,300April – 3 homes – average p...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland Florida Short Sale and Foreclosure Market Report – June 2010  For the month of June, the Lakeland real estate market of short sales and bank-owned (REO) properties had a market share of 54%. There were a total of 117 properties sold in June, compared to 127 in May and 61 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS. Currently there are a total of 2,011 Lakeland homes for sale and 495 Lakeland homes under contract (07/24/2010). By calculating total inventory, homes that are under contract which are included in my inventory share because these properties have not closed in which a buyer could walk away at any given time. Bank owned properties – Inventory share is 15.88% Short sale properties – Inventory share is 26.50%   The Graph below co...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Welcome to the Lakeland Real Estate Market Report for June 2010 For the month of June, the overall Lakeland Real Estate market has declined slightly, but compared to previous year, it has been much of the same for when considering sales prices. A total of 216 Lakeland homes were sold in June with average and median prices sharply declining from the previous year. Distressed properties continue to be the driving force impacting and driving down market values for Lakeland FL homes with over 54% of market share.  Lakeland Homes sold in June: 216 - previous month:  221 – previous year June 09: 171 soldJune – average sales price $118,182 Previous month: $121,337 (-2.67%) – previous year June 09: $145,770 (-18.93%) June – median sales price $109,200Previous month: $106,000 (3.02%) – previous ...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland FL Real Estate Update for June 16 - June 30, 2010 Update for the Lakeland Real Estate market!  Newly listed homes for the period of June 16th through June 30th, 2010.  A total of 158 Lakeland FL homes for sale were recently listed with area Realtors®.  The average sales price of Lakeland homes for sale decreased to $145,023 from my previous report. The total inventory of Lakeland real estate is 1973 as of 07/13/2010. The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows: 2 duplex listed with an average sales price of $83,700 7 condos listed with an average sales price of $64,400 7 mobile homes listed with an average sales price of $64,329 8 townhomes/villas listed with an average sales price of $79,2...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland FL Real Estate Update for June 01 - June 15, 2010 Hi folks! A quick update for the Lakeland Real Estate market that were newly listed from June 1st through June 15, 2010.  A total of 181 Lakeland FL homes for sale were recently listed with area Realtors® with an average listing price of $169,235, a increase of about 12% in list price from my previous report. The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows: 2 duplex listed with an average sales price of $93,650 9 condos listed with an average sales price of $69,933 16 mobile homes listed with a median sales price of $65,450 7 townhomes/villas listed with an average sales price of $84,429 146 single family homes with an average sales price of $186...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland FL 4th of July Celebration and a Whole Lot More   Let me start out first with a “whole lot more” of events for this 4th of July weekend in this beautiful city of Lakeland, Florida.   Friday, July 2nd First Friday’s Sundown Celebration in Downtown Lakeland kicks off this great holiday weekend at 6:00 p.m. in and around Munn Park.  C’mon downtown Lakeland and start our country’s independence celebration with a family picnic filled with games and activities, such as bean bag toss, go fish, dunk tank, classic car shows, art and entertainment.   The highlight of the 4th of July celebration in Lakeland is the annual Red, White & Kaboom at Lake Mirror on Saturday, July 3rd, 2010 starting at 6:00 p.m. with fantastic music by the popular band Williams Road. Bring your lawn chair and bl...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland Florida Short Sale and Foreclosure Market Report – May 2010   For the month of May, Lakeland real estate market of short sales and bank-owned (REO) properties had a market share of 57%. There were a total of 127 properties sold in May, compared to 148 in April and 61 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS.   Currently there are a total of 1,940 Lakeland homes for sale and 514 Lakeland homes under contract (06/21/2010). By calculating total inventory, homes that are under contract which are included in my inventory share because these properties have not closed in which a buyer could walk away at any given time.     •   Bank owned properties – Inventory share is 14.10% •   Short sale properties – Inventory share is 26.20%   The Grap...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland FL Real Estate Update - Home Sales for May 2010   For the month of May, the Lakeland Real Estate market has shown slight improvement, but compared to previous year, it has been much of the same for when considering sales prices. A total of 221 Lakeland homes were sold in May with average and median prices still declining from the previous year. Distressed properties are still driving down market values with over 57% of market share.        Lakeland Homes sold in May: 221 - previous month:  244 – previous year May 09: 158 sold   May – average sales price $121,337 Previous month: $110,880 (8.62%) – previous year May 09: $124,689 (-2.69%)   May – median sales price $106,000 Previous month: $95,500 (9.90%) – previous year May 09: $119,450 (-12.67%)   The graph below represents aver...
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By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Folks. This Lakeland Florida Short Sale has room to roam with 4 bedrooms/2.5 baths with 2885 sq ft of living area and built in 2005. Located in Hunters Greene. Only $129,000 Short Sale. Listing price may not be sufficient to cover all encumbrances, closing costs, or other seller charges and sale of Property at full listing price may be conditioned upon approval of third parties. Please only serious buyers. Great property for the money. Very spacious. Huge family room/kitchen area. Formal living room. All bedrooms upstairs. Walk in closets. security system. Property backs up to a small pond. Please allow at least 120 days for closing. Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close. Want to find out more? www.CentralFloridaShortSales.com ***I am NOT an Attorney nor do I ...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Update for the Lakeland Real Estate market!  Newly listed homes for the period of May 16th through May 31st, 2010.  A total of 130 Lakeland FL homes for sale were recently listed with area Realtors®.  The average sales price of Lakeland homes for sale increased to $170,039.45 from my previous report. The total inventory of Lakeland real estate is 1912 as of 6/10/2010. The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows: 2 duplex listed with an average sales price of $45,000 3 condos listed with an average sales price of $191,467 6 mobile homes listed with an average sales price of $51,900 2 townhomes/villas listed with an average sales price of $64,900 117 single family homes with an average sales price of ...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland FL Real Estate Update for May 01 - May 15, 2010 Hi folks! A quick update for the Lakeland Real Estate market that were newly listed from May 1st through May 15th, 2010.  A total of 148 Lakeland FL homes for sale were recently listed with area Realtors® with an average listing price of $151,001, a decrease of about 10% in list price from my previous report. The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows: 5 condos listed with an average sales price of $126,920 9 mobile homes listed with an average sales price of $66,728 11 townhomes/villas listed with an average sales price of $102,991 123 single family homes with an average sales price of $162,473 Lakeland's newest homes listed!  The priciest ho...
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By Damion Boyce
(The Boyce Team)
HELOC, in fact, stands for Home Equity Line of Credit. But what is a HELOC all about? For those living in the Lakeland real estate area, is it a good option? Obtaining a HELOC is similar to taking out a second mortgage on your home, but obtaining the funds themselves is more like using your credit card. Generally, a limit is set as to how much money the homeowner can get on their line of credit. This limit is determined by such things as your credit history, your income and debt, the value of your home, and the amount you still owe on it. A HELOC is a good way to get money for such items as ongoing medical bills or college tuition, since they let the homeowner get a lump sum as needed. The HELOC is then paid off in monthly payments in the fashion of a credit card with a minimum balance ...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
4209 Arietta Lane Lakeland FL - Another Lakeland Florida Short Sale "Sold" It was a long process and SunTrust took a very long time to approve this Lakeland Florida short sale in the Village at Lake Highlands.  In fact, it took SunTrust nine month to approve the short sale on the first mortgage and a HELO. The buyer stuck with it throughout this whole process, knowing that it was a great deal. Home - 3 bedroom 2 bath townhouse in Lakeland Florida 1st Mortgage with SunTrust for $157,000 - Agreed to accept $84,300 including seller's contribution. HELO with SunTrust for $48,000 - Agreed to accept $3,790 with a promissory note of $16,592.00 to release the lien. Seller contributed cash to closing of $1,277.00   The transaction took 309 days from contract to closing. Seller is delighted - no...
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By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland First Friday - Bicycle Night on June 4th 2010 The Lakeland Downtown Partnership has done it again....coming up with great themes for First Fridays. Bicycle Night will be held June 4th, 2010 downtown Lakeland around Munn Park from 6-9pm. With every First Friday event held you can expect Art Reception, Dining, Entertainment, Classic Car Show and Stores open late. If you happen to ride your bike around Lake Hollingsworth or cycling with your family around downtown, why don't you check out Bicycle Night and what it has in store for you: Unusual Bike Show from 7-9pm on N. Kentucky Avenue   A kiddie bike course  Decorating at the Exploration V Children's Museum Bike Tricks - by Red Tail Racing,  Roaming Stunt Riders and much, much more..... Have you heard that with Bicycle Night, Do...
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