Lakeland FL Short Sale and Foreclosure Housing Prices – January 2011

For the month of January, the Lakeland real estate market of short sales and bank-owned (REO) propertiesthat were sold increased to 67.46% from the previous month. There were a total of 114 distressed homes sold, compared to 119 in December and 87 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional… Read more »

Lakeland FL Real Estate – Housing Prices for January 2011

Average overall Lakeland Florida housing prices took a nose dive to $94,095 for the month of January compared to the previous month.  The last time I saw average sales price like this was April 2001 at $89,607.  I don’t have the numbers prior to 2001, since our Multiple Listing Service… Read more »

Lakeland FL Short Sales – What is an Approved Short Sale?

Chances are after hours of looking online searching for Lakeland FL homes for Sale, like 87% of all home buyers in the United States, you most likely came across of homes that states “Approved Short Sale”. Showing homes to my clients in Lakeland FL that are short sales is quite… Read more »

What is an Escrow Account and how does it work?

What is an Escrow Account and how does it work? Let’s define Escrow Account in connection with a mortgage! An escrow account is a specially designated savings account into which funds are deposited for a defined purpose. When I meet first time home buyers who are buying a Lakeland FL… Read more »

150 Years and Counting – Happy Birthday Polk County Florida

As residents of Polk County FL kick-off celebrating its sesquicentennial this Saturday February 12, 2011 from 10 a.m. to 2:00 p.m. at the Polk County Historical Museum in Bartow FL, I’m always intrigued by the history of this beautiful county and it’s people simply because I came from a small… Read more »

Motorcycle Mania – Lakeland FL First Friday Feb 4 2011

Lakeland Florida First Friday February 4, 2011 – “Motorcycle Mania” Move over Daytona Bikefest, here comes Lakeland FL Motorcycle Mania. Folks that flock to downtown Lakeland to attend First Friday events are accustomed to the Classic Car show for the past seven years. This month the Downtown Lakeland Partnership wanted… Read more »