lakeland real estate: Lakeland Florida Short Sale and Foreclosure Market Report – July 2010 - 08/20/10 07:58 AM

Lakeland Florida Short Sale and Foreclosure Market Report – July 2010
 For the month of June, the Lakeland real estate market of short sales and bank-owned (REO) properties increased its market share from 54% the previous month to 60%. There were a total of 102 properties sold, compared to 117 in June and 71 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS. Currently there are a total of 1,976 Lakeland FL homes for sale and 513 homes under contract (8/20/2010). By calculating total inventory, homes that are under contract which are included in my inventory share because these properties have not closed … (1 comments)

lakeland real estate: Lakeland FL Homes For Sale - Real Estate Update for July 16 - July 31, 2010 - 08/05/10 10:04 AM

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 … (2 comments)

lakeland real estate: Retiring from Active Duty Military or Relocate to MacDill, AFB – Tampa, FL? - 07/26/10 07:15 AM
Retiring from Active Duty Military or Relocate to MacDill, AFB – Tampa, FL?Just recently I sold a home in Lakeland, FL to an active duty military member who is relocating to MacDill AFB.  Why in the world they chose Lakeland over Tampa you might ask?   The drive alone from Lakeland to MacDill is about 40-50 minutes depending on traffic.  The single answer is location, location, location….. You see, they thought way ahead of their time, where do I want to raise my family or where do I want to retire and live comfortable?  Military members and their family are known to … (7 comments)

lakeland real estate: Lakeland Florida Short Sale and Foreclosure Market Report – June 2010 - 07/24/10 07:42 AM

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 … (1 comments)

lakeland real estate: Lakeland Real Estate Market Report for June 2010 - 07/22/10 11:26 AM
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 … (0 comments)

lakeland real estate: Reduced Lakeland FL Short Sale - 5920 Buck Run Drive - 07/21/10 09:05 AM
Reduced Lakeland FL Short Sale - 5920 Buck Run Drive - Deer Brooke Community - Southwest Lakeland
There are about 500 homes situated throughout the Deer Brooke neighborhood located in Southwest Lakeland.  It has a rural atmosphere with its tree lined scenery.  These homes were developed from the mid 1980's to present and currently range in price from the low $100's to $350's.  Deer Brooke community is surrounded by farms, horse farms, and homes with acreage.
 
View Larger Map Lakeland FL Home for Sale - Short Sale! … (3 comments)

lakeland real estate: Lakeland FL Real Estate Update for June 16 - June 30, 2010 - 07/13/10 12:32 PM

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 … (0 comments)

lakeland real estate: Lakeland Florida Short Sale and Foreclosure Market Report – May 2010 - 06/21/10 07:51 AM

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.
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lakeland real estate: Lakeland FL Real Estate Update - Home Sales for May 2010 - 06/18/10 04:31 AM
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 … (0 comments)

lakeland real estate: Lakeland FL Real Estate Update for May 16 - May 31, 2010 - 06/10/10 09:14 AM

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 … (0 comments)

lakeland real estate: Lakeland FL Real Estate Update for May 01 - May 15, 2010 - 06/10/10 04:02 AM
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 … (1 comments)

lakeland real estate: 4209 Arietta Lane Lakeland FL - Another Lakeland Florida Short Sale "Sold" - 06/08/10 01:07 PM

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 … (0 comments)

lakeland real estate: Lakeland FL Real Estate Update - Homes Sales for April 2010 - 05/26/10 08:24 AM
Lakeland FL Real Estate Update - Homes Sales for April 2010
Overall Lakeland real estate sales activity remained very active and strong last month with a total of 244 Lakeland homes sold in April.  Average and median prices are still declining from the previous year.  The government’s tax credit program for homebuyers and low mortgage rates surely has impacted strong sales activity. However, it did not translate to higher prices blaming high unemployment rates and stricter mortgage lending guidelines for individuals.  In fact, distressed properties are still driving down market values with over 60% of market share.  Since the 2006 … (0 comments)

lakeland real estate: Lakeland FL Short Sale For Sale - 5920 Buck Run Drive Lakeland FL 33811 - 05/18/10 11:22 AM
Lakeland FL Short Sale For Sale - 5920 Buck Run Drive Lakeland FL 33811
 
Beautifully Designed Home - Short Sale 5920 Buck Run Drive, Lakeland, FL 33811 View Map This beautifully designed Lakeland Real Estate was built by Built-Well and is situated in the tree lined Deer Brooke community where you find no cookie cutter homes. The home features 4 bedrooms 2 baths, with a spacious kitchen, a breakfast bar and a separate laundry room that enhances the layout. Lovely large master bedroom suite with walk-in closets combined with a luxury master bath featuring large walk-in shower, garden tub and … (1 comments)

lakeland real estate: Lakeland Real Estate Update for April 16th – April 30th - 05/14/10 09:26 AM

Lakeland Real Estate Update for April 16th – April 30th
Update for the Lakeland FL real estate market! Newly listed homes for the period of April 16th through April 30thdecreased to 158 Lakeland homes for sale. The average sales price of Lakeland homes listed with area Realtors® decreased to $167,036 from my previous report. The total inventory for homes for sale still hovers around 1,900.
The types of homes and average prices for sale in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows:
3 duplex unites with an average sales price of $68,233
6 condos listed with an average sales price of $157,233
15 mobile homes … (0 comments)

lakeland real estate: Lakeland FL Real Estate Update - March 2010 - 04/27/10 08:44 AM
Lakeland FL Real Estate Update - Homes Sales for March 2010
Lakeland real estate sales activity continuously increased the past few months and March showed great improvement.   Although there were 235 Lakeland homes sold in March, such number I have not seen since 2007, average and median prices took a double digit steep decline at about 14% from the previous year. Distressed properties are still driving down market values with over 54% of market share. I’m suspecting that as long as we have such high inventory in distress, home prices may still be vulnerable for at least this year.
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lakeland real estate: Lakeland FL Real Estate Market Update for 4/1/10-4/15/10 - 04/16/10 07:09 AM
Lakeland FL Real Estate Market Update for 4/1/10-4/15/10
Update for the Lakeland FL real estate market!  Newly listed homes for the period of April 1st through April 15th decreased to 187 Lakeland homes for sale. The average sales price of Lakeland homes listed with area Realtors® decreased to $170,560 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:
6 condos listed with an average sales price of $147,283
17 mobile homes listed with an average sales price of $69,494
8 Townhomes/Villas listed with an average sales price of $117,663
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lakeland real estate: Lakeland FL Real Estate Market Update for 03/16/10-03/31/10 - 04/16/10 06:55 AM
Lakeland FL Real Estate Market Update for 03/16/10-03/31/10
Update for the Lakeland FL real estate market! There are 1968 homes for sale throughout Lakeland, Florida - as of 04/16/10. Newly listed homes for the period of March 16th through March 31st increased to 202 Lakeland homes for sale. The average sales price of Lakeland homes listed with area Realtors® decreased to $176,471.18 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:
6 duplex units with a sales price of $58,267
8 condos listed with … (0 comments)

lakeland real estate: Sherwood Forest – Rural Community in North Lakeland FL - 03/30/10 10:14 AM
Sherwood Forest – Rural Community in North Lakeland FL

 
The rural community of Sherwood Forest is located in North Lakeland of Polk County. When visiting this community and its smaller subdivision, Robin Hood and Little John comes first to my mind; with mature oak trees, conservation area and Sherwood Lakes its beautiful country setting you will find that the name Sherwood Forest is perfect.
Looking for a rural neighborhood that borders the City of Lakeland FL?
Sherwood Forest provides smaller subdivisions with its own entrance:

Manors of Nottingham Yorkshire Derbyshire Buckingham Sherwood Lakes Sherwood Isle Nottingham
Builders … (0 comments)

lakeland real estate: Lakeland Florida Sandpiper Golf & Country Club Community – An active 55+ Community - 03/28/10 12:15 PM
The Sandpiper Golf & Country Club Community in Lakeland Florida is a 55+ community offering the best for an active Florida lifestyle.
This affordable community is located in North Lakeland minutes from Interstate 4 with easy access to shopping, churches and medical facilities. The Sandpiper Golf and County Club is open to the public. There are six entrances to the community giving visitors easy access from North Socrum Loop, Old Polk City Road, and Walt Loop Road. For its resident the community offers a variety of activities:
Golfing Swimming Shuffle Board Tennis Walking Fitness Dining Visitors driving into this great community … (1 comments)

 
Petra Norris, Realtor, Lakeland FL Homes for Sale (Lakeland Real Estate Group, Inc.) Rainmaker large

Petra Norris

Realtor, Lakeland FL Homes for Sale

Lakeland, FL

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Lakeland Real Estate Group, Inc.

Address: PO Box 92050, Lakeland, FL, 33804-2050

Office: (863) 619-6918

Mobile: (863) 712-4207

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