Sebring, FL Real Estate News

By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Sebring Hills, centrally located but surprisingly quiet, is one of Sebring's older neighborhoods. Reaching from Hammock Road in the north to Thunderbird Road in the north, it is nestled between the Lake Shore Mall and Golf Hammock Estates to the east and west. Sebring Hill addresses are easy to recognize as each street is named after a bird. Property owners can enjoy a voluntary Homeowner's Association with access to the clubhouse and planned events as well as deeded lake access to Lake Jackson.   The neighborhood consists almost exclusively of Single Family Homes with an average lot size of 10,465sf. There are currently a total of 999 Single Family homes, 57 of which are Mobile Homes.   The vast majority of homes in Sebring Hills are between 30 - 40 years old, the neighborhood experie...
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By William E. Lewis, Jr.
(William E. Lewis, Jr. & Associates)
Losing your home through foreclosure does not prevent someone from voting, said Joe Campbell, supervisor of elections for Highlands County. With the the nation's third-highest foreclosure rate, many Floridians have addresses that do not match their voter registrations. The Highlands County communities of Lake Placid, Sebring and Avon Park have been hit harder by the housing crisis than most Florida cities. Many are left wondering whether they can vote in next Tuesday's elections. Voting in the general election is possible as long as the person was properly registered prior to the Oct. 4 deadline. Before or after the deadline, or through foreclosure or any reason whatsoever, it does not matter that your home address changed. You can still vote. There are two ways to ensure your right to ...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Heartland Idol - singing in Central Florida Do you sing in the shower? Do you find yourself humming songs throughout the day?  If you live in Florida's Heartland counties Desoto, Glades, Hardee, Hendry, Highlands, Okeechobee, and Polk here's your change to take the stage! Heartland Idol is an amateur singing competition, so your primary source of income cannot originate from singing or performing musically. You must be a Heartland resident, all song lyrics must be memorized, no live instruments can be played, props are permitted though. Songs with explicit sexual or profane languate are not allowed. All contestants will be judged on their wardrobe/costume "fitting" the song performed. For the youngsters, there are two Heartland Idol Jr divisions: Junior (age 12 and under) and Teen (13 -...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Highlands County's Trail of Terror   A half mile long walk through 15 acres of dark, thick woods with evil clowns, a graveyard, a haunted school bus and an old coal mine waiting to scare the daylight out of you. Sounds like fun? Sneak Preview starts on Saturday, Sep 25th. The events will run every Friday and Saturday night in October including Halloween night on Sunday, Oct 31st.  The original trail is lighted, but the newly added trail contains no lights. Tickets are available directly at the Highlands County Humane Society on Haywood Taylor Blvd, near the Sebring Airport. Single trail tickets are $7, for $10 you get to enjoy both trails. All proceeds go directly to the Highlands County Humane Society.  For smaller children, there is a "no scare, no gore" Halloween Carnival on Saturda...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Built in 1958 and designed by Dick Wilson, the beautiful course is named after the Spanish Colonial Revival style hotel situated on Little Lake Jackson on the south side of Sebring. Construction for the 134 room hotel began in 1925. Two years later, the hotel and golf resort opened its doors to guests and visitors. In 1953 the hotel was bought by Victor and David Jacobson and their partners Larry Tennenbaum and San Levy. Victor commissioned golf course architect Dick Wilson to transform the golf course into a championship layout. The Jacobsons operated the hotel until 1982 when they sold it to a group of investors, who were unable to convert the structure to timeshares, due to financial difficulties. Harder Hall has been unoccupied ever since. The club features an outstanding eighteen ...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Good News: The "Absorption Rate" is shrinking!   Wait! What is "Absorption Rate", why is it shrinking and why is that good news? For example, some time in 2008, the absorption rate for Sebring, Florida was way over 24 months. This meant that at the time it would take over 24 months for all the homes listed for sale to be sold if no new listings entered the market. Basically, the Absorption shows us how fast homes are selling in our Highlands County Market. It helps us understand the market as a whole and identify trends. Now for the last 12 months, Sebring's Absorption Rate has decreased steadily from 18.7 in April 2009 to 11.1 in April 2010 and that is great news! Why? The more homes we have lingering on the market, the longer it will take to sell them. The main reason for the Absorpt...
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By Anita S. Zahn, Highlands County Real Estate Source! I work 4 U!
(Advantage Realty 863-840-1420)
     Sebring Residential Home Sales:     Residential Sales 2004 - 2009 on the local MLS. Year / Number of Single Family Sales / Median Sale Price / Average Days On Market 2004 / 1178 / $99,500 / 94 2005 / 1168 / $146,119 / 81 // An increase in the median value of 46.8% from 2004. 2006 / 928 / $165,000 / 112 // An increase in the median value of 12.9% from 2005. 2007 / 595 / $145,000 / 159 // A decrease in the median value of 12.1% from 2006. 2008 / 527 / $125,000 / 144 // A decrease in the median value of 13.8% from 2007. 2009 / 664 / $92,950 / 138 // A decrease in the median value of 26.6% from 2008. The 2009 figures end date is 12/31/2009. The only property type excluded are duplexes.     Active Listings: 543 Pending Sales: 129 Closed Sales: 512 512 / 12 = 42.67 Sales Per Month 543 / ...
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The days of simply opening up shop and starting a loan modification business have come to an end in Florida. Individuals or businesses providing loan modification services must now be licensed as a mortgage broker by the Florida Office of Financial Regulation (OFR) in order to conduct business. The Florida legislature recently passed Senate Bill SB 2226. This law makes significant changes to Florida's mortgage brokerage law - Chapter 494, Florida Statutes - effective January 1, 2010. In particular, the new law specifically covers negotiation of existing loans as being part of the duties of a mortgage broker. As such, any individual or business attempting to negotiate a loan mortgage modification in Florida will require a license through OFR. Additionally, there are new disclosures requi...
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By Brooke English
(Credit Restoration Consultants)
In an ideal world, one would not worry about the recession, high unemployment rates, the foreclosure epidemic and the never ending debt load carried by the average American. In what has been commonly referred to as the "Year of the Consumer," 2010 has a lot to offer in the way of federally mandated "changes" as it relates to the credit card industry. With less than 30 days until enactment of The Credit Card Accountability, Responsibility and Disclosure Act of 2009 creditors and financial institutions are doing their very best at circumventing the new law, also known by its short title - The Credit Card Act of 2009. Are you aware of your rights and protections under the new law? There are several positive changes that will have an impact on how each and every American utilizes their cred...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Sebring Chamber of Commerice Annual Golf Tournament Saturday January 30thEntry free per team $150, continental breakfast, snack & beverages on course, lunch follows in new Sun'n'Lake Club House, 50/50 drawing, raffle prizes, first through third pay out ($300, $200, $120), lots of fun!  Full field of 144 expected, only 80 spots remain!7:30 am registration8:30 am Shotgun, two person best ball Where: Sun'n'Lake Golf ResortSun 'n Lake Golf & Country Club in Sebring, Florida is home to two championship golf courses: Deer Run Golf Course and Turtle Run Golf Course. Sun 'n Lake Golf & Country Club features a full driving range, a practice putting green, chipping green, lessons from the PGA Professionals and Staff, in addition to the highest quality of golf merchandise in the Pro Shop.
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Last week we were contacted by an absentee owner looking for a realtor in our area with a buyer for their bank approved short sale. The property is a beautiful townhouse located in one of Sebring's most prestigeous communities, The Sebring Country Club. Upon speaking with the owners, residing in the Ft. Lauderdale area, we learned that they had hired a Ft. Lauderdale agent to list, market and sell the property. Also involved was a Ft. Lauderdale paralegal to negotiate the sale with the lender. The Ft. Lauderdale agent had found a buyer for the town house. There is no doubt in my mind that both the agent and the paralegal are highly regarded professionals even though the bank didn't approve the offer and the buyer ended up walking and purchasing townhouse. Sometimes things just don't wor...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Most of our closings are mail-outs and we hardly get to see the closing table. Yesterday, I had the honor of taking some very dear clients to the closing table and hand them the key to their new home. Priceless!It had been a very eventful transaction from the time we first met with Paul & Judi. They made an offer on one of our listings, a short sale in a very active and well kept adult community in the heart of Sebring. They loved the home and they were very familiar with the neighbors. In fact, the neighbor across the street from our listing called Judi on the phone the second my husband Darrin put our sign in the frontyard. Goes to show that sign in the front yard IS important! Paul and Judi were in the process of selling their previous home and the offer we wrote was not only conting...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Highlands County Real Estate - It's a great time to sell your Sebring home!!! Looking back to January 2009, we can definitely tell a big difference in market activity in Highlands County and Sebring specifically. Our phones have been ringing off the hook for showing requests from cooperating agents and interested buyers as well. It's no wonder with all those great deals waiting for new owners. Our own listing inventory is shrinking steadily because we almost can't list homes as fast as they go under contract and sell. We all remember the days where even the well priced homes wouldn't sell under 90 days and you were lucky to get an offer, even if it was a shaky one. These days, we get multiple offers after only a few weeks on the market and we have agents ask us to notify them once we ge...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
Vantage Pointe, a quaint and charming adult community with over 190 homes, is located only minutes from all the major shopping places, banks, dining and places of worship. Yet, Vantage Pointe is so quiet and tranquil, you would never know that the mall is only a short distance away.Vantage Pointe, Vantage Pointe of Sebring Florida - Deed Restricted Adult Community in the Heart of Sebring.Like many other adult communities, Vantage Pointe offers planned activities, taking advantage of the beautiful club house, swimming pool and shuffle board court. While browsing through Vantage Pointe's website, I discovered there is a Polar Bear Club ,meeting at 4:00 PM at the pool any day the temperatures drop below 45 degrees F. How cool is that? Pun intended! If that is too cold for you, join the Wat...
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By Brooke English
(Credit Restoration Consultants)
Outstanding Couples of South Florida to be Honored at 2009 Finest Couples Gala   South Florida's most outstanding couples will be honored for their success in business, leadership in the community, and unparalleled support of charitable causes.  The CF Foundation will celebrate the couples' power in partnership and recognize their accomplishments on Friday, October 2, 2009 at 6:30 p.m. at the Hyatt Regency Pier Sixty-Six in Fort Lauderdale. This year's event co-chair persons are Jennifer and William E. Lewis, Jr., and Eileen and Chip LaMarca.  The couples being honored include: Catalina and Freddie Avalos, Robin and John Bartleman, Tony Beall and Ray Birbilas, Rhonda and Adam Black, Cheryl and Michael Brown, Tamara and John Chase, Carole and Governor Charlie Crist, Marlene and Pedro Dij...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
For Sale in Sun'n'Lake of Sebring - move to the hottest neighborhood in town, now is the best time to hunt down that bargain in Sebring's most popular neighborhood. In a previous blog post about selling your Sun'n'Lake of Sebring I wrote that now is a great time to consider entering the market to take advantage of the vast amount of buyers willing and able to purchase if the price is right. That was only a few days ago. 5 great Sun'n'Lake homes have sold since. 77 homes are still waiting for a new owner:         Bd Ba   4016   BIANCA STREET 1976 3 2 $55,000 3831   EL RADO AVE 1995 3 2 $59,000 4101   RAMIRO ST 1980 2 2 $65,000 4424   NAVARRE AVE 1980 3 2 $70,000 3701   PALAZZO ST 1986 2 2 $75,000 4221   PALAZZO ST 1985 2 2 $75,000 4303   NAVARRE AVE 1978 2 2 $79,900 4028   FONSECA AVE 19...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
ALDI is coming to Highlands County!People in Highlands County have asked for it, and ALDI listened. ALDI, the German based grocery chain will build a store in Sebring at the corner of New Life Way and US 27. It will be located where Barnhill's and, more recently, Farmer's Market Buffet have operated restaurants.The currently existing 10,540 square foot building will be torn down and replaced by a bigger 17,000 square foot building. The store is not expected to open until late 2010 or early 2011.This will be very interesting to watch as the proposed Sam's Club will be pretty much right across the street on the corner of Bayview St. and US 27.So, what is ALDI? This is what ALDI USA has to say about itself: "The ALDI way of shopping has been continuously honed and refined since our first s...
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By TheMillsTeam YourSebringRealtors, 863-212-5441
(Advantage Realty #1)
...and it's no wonder: Sun'n'Lake of Sebring is one of the most popular neighborhoods in Sebring. Not only is it conveniently close to US 27 to give you access to all the shopping and dining you could ever ask for; it is also a safe and family friendly neighborhood. The Florida Hospital is located right at the main entrance of Sun'n'Lake at the corner of  Sun'n'Lake Blvd and US 27. Residents take advantage of the two championship golf courses located within Sun'n'Lake. The community pool is popular with everyone and there are plenty of paved hiking and biking trails for the nature enthusiasts. Sun'n'Lake offers prime spots directly at either of the two golf courses, there are 55+ condos, duplexes, deed restricted neighborhoods as well a  older homes available for re-sale. Truly, there i...
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By Brooke English
(Credit Restoration Consultants)
A tale of April Fool's at AM 1470 WWNN didn't go over well with morning drive hosts Steve Kane and Brian Craig of the "Steve Kane Show" in south Florida.  From the radio waves to the telephone lines, an April Fool's prank played by fellow host Bill Lewis of the "Credit Restoration Consultants Hour" didn't sit well with Steve and Brian.  In a joke that spanned almost a week, it was only on April 2nd that fellow hosts and listeners alike learned that Bill Lewis had not left the station and his long standing show on financial issues.  Although not a holiday in its own right, April Fool's Day or All Fools Day as it is called in several countries, is celebrated on April 1st.  It is a day that is marked by the commission of hoxes and other practical jokes of varying sophistication on family, ...
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By Laura Higgins
(ERA Advantage Realty)
                                                           This year is the 57th Mobil I 12 Hours of Sebring, International Race, and there are several special events leading up to day of the race.  Crowds begin to draw near in excess of 200,000 fans several days prior to the race.   However, this year John Hendrik, Sales Center Manager of Bernie Little Distributor, arranged for the magnificent Clydesdale's of Budweiser to open the race.    The race begins, Saturday at 7 am, at the Sebring International Race Track, in Sebring, Florida. The Clydesdale's were available for public viewing today at the LakeShore Mall, in Sebring, Florida: and young and old alike came out to see the spectacular Clydesdale's, in all their splendor, hitched to the famous red wagon, accompanied by their dalmati...
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