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Petra Norris
My Posts/Listings
Overall Polk County FL Home Prices – July 2010
Overall Polk County Existing Home Prices for July 2010 Polk County’s overall existing home sales still strong for numbers of homes sold for the Month of July with a total of 617 properties sold despite the declining home prices and the end of the first-time homebuyer tax credit. Prices continue to decrease downwards blaming it still widely on discounted distressed sales throughout the county from... [Read more]
Lakeland FL Homes For Sale – Newly Listed August 1 – August 14, 2010
Lakeland FL Homes For Sale – Real Estate Update for August 1st – August 14, 2010 Update for the Lakeland FL Homes for Sale! Newly listed homes for the period of August 1st – August 14, 2010. A total of 143 Lakeland FL homes were recently listed with area Realtors®. The average sales price of Lakeland home for sale increased to $161,693.03 from my previous report. The total... [Read more]
Lakeland FL Real Estate Update – Short Sale and Foreclosure Market Report July 2010
Lakeland Florida Short Sale and Foreclosure Market Report – July 2010 For the month of July, 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. ... [Read more]
Lakeland FL Overall Real Estate Market July 2010
Lakeland FL Overall Real Estate Market July 2010 Lakeland real estate Update – 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 declined sharply from the previous... [Read more]
Deadline to Appeal Your Lakeland FL Home’s Assessed Value Looming
Deadline to Appeal your Property Assessed Value in Lakeland FL and homes throughout Polk County is fast approaching. The property appraiser mails out Truth in Millage or TRIM Notices to Lakeland FL homeowners and homeowners throughout the State of Florida in mid-August. Are you in disagreement with the assessed property value of your Lakeland Florida home? The Value Adjustment Board notices include... [Read more]
Mortgage Payments during Short Sale…. should you or shouldn’t you?
The phone rings a desperate voice asking me what should I do? Should I make my mortgage payment or should I stop making my mortgage payment? This is one of the most toughest question a client or a consumer can ask me and this question comes up every time when talking on the phone, emails or at a listing presentation. There are quite a few myths floating around with regards to making mortgage... [Read more]
Lakeland FL Real Estate Update for July 16 – July 31, 2010
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... [Read more]
Contemplating Strategic Default vs. Strategic Short Sale in Lakeland Florida?
Are you thinking about walking away because the math don’t add up anymore – Contemplating Strategic Default vs. Strategic Short Sale in Lakeland, Florida? During the housing boom the lender thought it was a great business decision to provide you with a loan based on your financial situation and the value assessment of the lender’s appraiser so you could purchase your Lakeland FL home.... [Read more]
Overall Polk County Real Estate Market for June 2010
Polk County’s overall existing home sales posted record numbers of homes sold for the Month of June with a total of 807 properties sold. The last time area real estate agents sold over 800 homes in June was in 2006. Prices continue to decrease downwards blaming it still widely on discounted distressed sales throughout the county from the previous year and years’ prior. A look back in history: June... [Read more]
Lakeland FL Real Estate 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 Florida real estate is 2035 as of 07/29/2010. The types of homes and average... [Read more]
