Lakeland real estate Just Listed – Weekly Update! The Lakeland real estate inventory continues to fall to 2073 properties in Lakeland (May 15, 2009) from the previous week. There were 59 homes newly listed in Lakeland with an average sales price of $164,878 or $93.59 per square foot with area Realtors®, resulting in a decrease of homes listed from the previous week. The types of homes and average prices being actively marketed according to the Multiple Listing Services (MLS) are as follows:
4 duplex units listed with an average sales price of $74,875
2 condos listed with an average sales price of $84,000
6 mobile homes listed with an average sales price of $78,733
47 single family homes with an average price of $186,977
The priciest home that came newly on the market here in Lakeland, Florida is a 1926 Two-Story Single Family Home, a historic landmark in the Dixieland neighborhood; featuring 3 bedrooms and 3 baths with over 3,000 square feet of living space currently offered for $649,900. On the contrary, the cheapest home newly on the market is a 2 bedroom 1 bath property listed for $45,000 – under $23.00 per square foot – located in Chestnut Woods Subdivision.
The data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”.
Take a look at the breakdown by zip code:
33801 – 06 with an average sales price of $77,766
33803 – 09 with an average sales price of $205,233
33805 – 03 with an average sales price of $82,800
33809 – 14 with an average sales price of $130,678
33810 – 11 with an average sales price of $206,077
33811 – 03 with an average sales price of $137,933
33812 – 00
33813 – 11 with an average sales price of $222,781
33815 – 02 with an average sales price of $102,500
Weekly update on distressed properties in Lakeland
A total of 465 properties are currently actively being marketed that are facing foreclosure. There were 17 Lakeland homes newly listed in the distressed category with average prices of $140,311 or $69.69 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.
For more information on the location of the properties newly listed in Lakeland, pricing and size of the homes click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.
Would you like to do your own search for properties? Look no further, click on the “Search for Homes” icon to begin your Lakeland real estate search – or contact me directly at (863) 619-6918. I’m here to help!
Only 7 Months left…..Time is running Out for Lakeland, Florida First-time Homebuyers to receive $8000 tax credit.
Folks, you may think “oh, I’ve got plenty of time”…. 7 months is not too far off, it will be here before you know it. By now, I’m sure, everyone knows about the $8000 tax credit for first-time homebuyers – just in case you might have missed this important news. Here is a little recap to qualify, home buyers must not have owned a home for the past three years and have a modified adjusted gross income (MAGI) that is less than $95,000 for single filers and $170,000 for a joint tax return.
Thinking that a sales contract that is signed, sealed and delivered by November 30th is sufficient, you may be surprised to know that it is not good enough to get the $8000 tax credit – you must close by November 30, 2009 to receive this credit.
If you are still sitting over the fence for the prices to drop and wait until a few weeks before the November 30th deadline to buy your Lakeland home, you may encounter problems with title companies and other parties involved in the transaction. Generally, a transaction from contract to close may only take a few weeks for a resale on an existing home. For a new construction the time frame from start to finish could take up to six month depending on floor plan, size, and location.
I suspect there will be a blitz of first-time Lakeland home buyers who are waiting until the last minute and that is when title companies, home inspectors, appraisers, not to mention lenders and underwriters could get swamped with files during November – don’t wait until it’s too late!
The IRS will only allow actual closing dates and does not allow “planned closing date”.
Interested in a home here in Lakeland, Florida? Begin your Lakeland home search today! Click on the “Search for Homes” icon below to see what Lakeland real estate options are in store for you!
Lakeland Florida Homes For Sale Weekly Update! There were 76 homes newly listed in Lakeland with an average sales price of $190,049 or $97.87 per square foot with area Realtors®, an increase of 11 homes listed from the previous week. While the total inventory remained steady in the previous week (2137 properties as of Friday, April 24th) in Lakeland, the types of homes being actively marketed changes daily according to the Multiple Listing Services (MLS).
Amongst the newly listed properties, here is a breakdown of each property category:
4 condos listed with an average sales price of $172,400
7 mobile homes listed with an average sales price of $70,800
1 townhome/villa with a sales price of $74,900
64 single family homes with an average price of $205,994
The priciest home that came newly on the market here in Lakeland, Florida is a 2008 custom built pool home, in the Highlands in the Woods subdivision; featuring 4 bedrooms and 3 baths with over 3,500 square feet of living space currently offered for $625,000. On the contrary, the cheapest home newly on the market is a 3 bedroom 1 bath Bank-Owned property listed for only $24,900 – under $25.00 per square foot – located in the Webster & Omohundro Subdivision.
The data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”.
Take a look at the breakdown by zip code:
33801 – 04 with an average sales price of $86,300
33803 – 11 with an average sales price of $195,554
33805 – 08 with an average sales price of $119,945
33809 – 08 with an average sales price of $226,887
33810 – 14 with an average sales price of $138,085
33811 – 07 with an average sales price of $187,214
33812 – 02 with an average sales price of $279,462
33813 – 20 with an average sales price of $265,767
33815 – 02 with an average sales price of $27,400
Weekly update on distressed properties in Lakeland
A total of 496 properties are currently facing foreclosure. There were 19 Lakeland homes newly listed in the distressed category with average prices of $146,639. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.
For more information on the location of the properties newly listed in Lakeland, pricing and size of the homes click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.
Would you like to do your own search for properties? Look no further, click on the “Search for Homes” icon to start your Lakeland real estate search – or contact me directly at (863) 619-6918.
This question – why should I hire a buyer’s agent? – comes up more and more of home buyers, who consider hiring a Lakeland buyer’s agent. There are Lakeland, Florida home buyers, who say the following:
- I can search for homes on the internet, so why should I hire an agent.
- I can get home values on sites such as Zillow and Trulia, no need for a real estate agent.
- I can save thousands of dollars in commission, no buyer’s agent needed.
As an experienced Lakeland buyer’s agent I can do this and so much more:
I can search the Multiple Listings Database (MLS) and instantly sent you a notification of homes that came on the market, when price reductions occur, keep an eye on “For Sale By Owners”, expose you to more choices of homes other buyer’s agent may not be aware of, search the history of a home so you don’t have to waste hours of your valuable time.
Prepare a comparable market analysis (CMA) just for you, the home buyer, on properties of your interest with up-to-date information that you can’t get from Zillow or Trulia.
Complete the real estate sales contract and help with the negotiations based on market conditions, property conditions, any information I may find about the seller’s situation. Oversee deadlines and follow up with inspections, financing, title requirements, which can save you thousands of dollars.
You don’t want to make the same mistake like the seller in this news report, who was not represented by an experienced buyer’s agent.
This news report follows immediately after this short commercial.
Lakeland Florida Homes for Sale – Weekly Update! There were 65 homes newly listed in Lakeland with an average sales price of $163,277 or $89.92 per square foot with area Realtors®, not much of a change of homes listed from the previous week. While the total inventory (2130 properties as of Wednesday, April 15th) in Lakeland did not change from last week, the types of homes being actively marketed changes daily according to the Multiple Listing Services (MLS).
Amongst the newly listed properties, here is a breakdown of each property category:
6 condos listed with an average sales price of $183,233
10 mobile homes listed with an average sales price of $67,850
2 townhomes/villas with an average sales price of $116,250
47 single family homes with an average price of $183,034
The priciest home that came newly on the market here in Lakeland, Florida is a 2002 Mediterranean Pool Home, a former Parade Model Home, in the Eaglebrooke Golf Community; featuring 5 bedrooms and 4 ½ baths with almost 6,000 square feet of living space currently offered for $1,295,000. On the contrary, the cheapest home newly on the market is a 3 bedroom 2 bath Bank-Owned property listed for only $27,900 – under $27.00 per square foot – located in Lake Beulah Heights Subdivision.
The data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”.
Take a look at the breakdown by zip code:
33801 – 06 with an average sales price of $82,966
33803 – 09 with an average sales price of $158,933
33805 – 03 with an average sales price of $123,300
33809 – 08 with an average sales price of $147,650
33810 – 17 with an average sales price of $138,174
33811 – 04 with an average sales price of $135,225
33812 – 07 with an average sales price of $189,728
33813 – 10 with an average sales price of $288,785
33815 – 01 listed for a sales price of $27,900
Weekly update on distressed properties in Lakeland
A total of 489 properties are currently facing foreclosure. There were 20 Lakeland homes newly listed in the distressed category with an average price of $122,102 or $71.65 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.
For more information on the location of the properties newly listed in Lakeland, pricing and size of the homes click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.
Would you like to do your own search for properties? Look no further, click on the “Search for Homes” icon to start your Lakeland real estate search – or contact me directly at (863) 619-6918.
Lakeland Florida’s Harrsion School for the Arts is proud to present their musical revue of “Side by Side by Sondheim”
The Musical Theatre Department will showcase “Side By Side By Sondheim,” a dazzling revue from one of Broadway’s most gifted living composers. The New York Times called Stephen Sondheim “the greatest, perhaps best-known artist in the American musical theatre.” Audiences will remember why with “Side By Side By Sondheim”
Ah….Spring is the air and music is in my ear as I listen to some musical favorites, such as songs from “West Side Story” in the background while I’m writing this article for the upcoming performance of Harrison School for the Arts showcasing songs by this celebrated composer and lyricist Stephen Sondheim. Listening to his lyrics and music is great, but what a better way seeing his celebrated songs live on stage as “Side By Side By Sondheim” on the Harrison Main Stage from April 17 to 19 at Harrison School for the Arts Theater located at 750 Lakeland Hollingsworth Drive, Lakeland Florida 33801
PHOTO CAPTION: Caitlin Knowles, Mark Bacon, Amie Heinrich, Siobhan Gale, Zachary Richardson, and Brooke Adams (l to r) prepare for their performance in “Side By Side By Sondheim,” at Harrison School for the Arts, from April 17 to 19. (Photo by William Kimble.)
“For the students, understanding Sondheim’s challenging songs takes deep understanding,” states Director Joe Sniegocki. “In their youth, they have not experienced marriage, abandonment, or outliving one’s peers. Our singers approach each song as a pivotal moment in life.”
“Sondheim’s musical language best captures the mood of complicated characters,” adds Musical Director Chad Brady. “Singers and listeners alike can relate to these tense moments expressed through his intuitive music and lyrics.”
Here are some of the selections you’ll hear in this brilliant musical revue celebrating the songs of Broadway’s by Stephen Sondheim. Hear witty, romantic, perceptive songs drawn from “West Side Story,” “Gypsy,” “A Funny Thing Happened on the Way to the Forum,” “Company,” “Follies,” “A Little Night Music” and more.
The ensemble includes: Seniors – Brooke Adams, Roxanne Hartfield, Amie Heinrich, Caitlin Knowles, Dereck Seay, Erin Wall, and Lindsey Wildman; Juniors – Mark Bacon, Siobhan Gale, Van Den Hutchinson, Sara Machinia, Haley Miller, Zachary Richardson, Travis Sheppard, and Jonathan Thomas; and Sophomore – Keith Young.
The production crew includes: Stage Manager – Logan Pounders, Assistant Stage Manager – Audrey Hartfield, Assistant Director – Crystal Broedel, Assistant to the Music Director – Taryn Jones, with Costumes by Cecilia Ingram and Lighting Design by Brian Macke.
Tickets for the performances are $8 for adults, $6 for seniors and students. Tickets are available for purchase online at www.harrisonarts.com and will include a nominal merchant fee. Remember to bring your e-ticket to the event. Tickets are available at the door one hour prior to performance.
The Harrison Box Office will be open at 6:00 p.m. the evening of the performances. (863) 499-2939.
Mark your calendar for these upcoming performances of The Harrison Fine Arts Series for 2008/09:
- Chamber Music Concert @ Jenkins Recital Hall, Florida Southern College, Apr. 14.
- Reflections on the Ground, Visual Arts Exhibit & Reception, Mitchell Gallery, Apr. 17 – June 4.
- Side by Side by Sondheim, Apr. 17 – Apr. 19.
- Spring Dance Concert, May 1 & 2.
- Spring Orchestra Concert, May 14.
- Spring Music Concert, May 21.
Copyright © 2009 http://www.petranorris.com| All Rights Reserved |
Harrison School for the Arts – Musical Revue “Side by Side by Sondheim”
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
When it comes to Lakeland short sales, hiring a Realtor® is an absolute must, but not just any. I had an epiphany yesterday! Even after all this negative publicity in our housing market about foreclosures and short sales, a lot of Lakeland homeowners still don’t know anything about short sales.
If you are having trouble keeping up with your mortgage payments or already been late, due to loss of jobs, health issues, etc. but more importantly, before you sign a listing agreement with a real estate agent, let me suggest to you, “Who should you NOT hire as your Real Estate Agent?”
Short Sales have become by far the most extensive transaction in real estate that owners, real estate agents, and buyers are faced with. For homeowners, who are in dire need to sell their homes, they do the unthinkable and hire an agent to list the property so they just don’t have to deal with it no more. I am surprised by what reasons were for hiring an agent in the first place.
Follow these simple tips and I know you’ll be better off in the long run:
Don’t hire if…..
- An agent that tells you that he or she does not want to do short sales.
- An agent that talks bad about short sales.
- A relative or friend, who is an agent, but has never done short sales.
- An agent that doesn’t know what a short sale is.
- Your neighbor’s friend, who is an agent
Be proactive and instead seek a real estate agent, who can explain the short sale process to you and is experienced, diligent, confident and determined. Hire someone, who cares about you as a person, not just what’s in it for them. It’s that simple!
Copyright © 2009 http://www.petranorris.com| All Rights Reserved
Lakeland Florida Short Sale – Hiring a Realtor® and not just any Realtor® is a must!
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
Telephone (863) 618-6919
With the infamous tax deadline filing of April 15th fast approaching, there are questions homeowners, buyers and investors in Lakeland, Florida and around the country may have. Are you prepared? While everyone’s financial situation is unique and I’m not a Certified Public Accountant (CPA), I do advise you seek a professional advice for your situation.
Possible Tax Deductions for Homeowner and Seller – Sellers if you sold your Lakeland main home in 2008, you may be able to exclude from income any gain up to a limit of $250,000 ($500,000 on a joint return in most cases). Your mortgage interests, property real estate taxes and other fees may be tax deductible. You may be able to deduct amounts of some energy efficient improvements, such as solar water heating costs, solar electric costs, small wind energy property costs, and geothermal heat pump.
Possible Tax Credit for 1st Time Home Buyers Answers – Are you still waiting over the fence? While I can’t predict the future, I do know that our home prices in Lakeland and surrounding cities in Polk County are at levels we have not seen in a long time. With the possibility of obtaining a maximum $8000 tax credit that you may recoup in a 2008 tax return or if filed in a 2008 tax return amendment, all time low interest rate, the possibilities of seller’s or builder’s incentives; this is as good as it gets. As it stands right now, this great government incentive of $8000 will run out on December 1st, 2009. Why are you still paying rent?
Possible Tax Deduction for Investors – Do you recommend selling? This question is being asked mostly by absentee owners and investors. With investment properties, you have to take both – the good and the bad. While you have had the pleasure of getting top rent dollars with a great tenants and surely made profit along the way, I hope you also thought about “rainy days” as it is now and put money into a reserve account. For the losses accrued throughout this past year, the loss may be carryover to future gains on your tax return, depending on your situation. For this, I would definitely seek the advice of a CPA specializing in investment properties.
While I do recommend holding on to your property while riding out the storm because the value of the property is only on paper, your situation may warrant where there is no other alternative other than to sell. Give me a call and I will do my best to answer all your questions.
Copyright © 2009 http://www.petranorris.com| All Rights Reserved
Home Buyers – Homeowners – Property Investors – Tax Deadline April 15th
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
Telephone (863) 618-6919
A continuation in declining inventory of homes in Lakeland is good news! There were 55 homes newly listed in Lakeland for sale with an average sales price of $147,397 or $90.95 per square foot, a decline from 69 homes listed from the previous week. Good news for Lakeland’s local housing market is when the surplus of homes decrease and sellers set prices aggressively. Sales are beginning to improve when home buying is being made affordable by low interest rates and tax credit for 1st time home buyers. Currently there are 2,125 properties that are actively marketed for sale according to the Multiple Listing Services (MLS).
Amongst the newly listed properties, here is a breakdown of each property category:
1 ½ duplex listed for sale at $139,000
5 condos listed with an average sales price of $168,725
5 mobile homes listed with an average sales price of $91,320
2 townhomes/villas with an average sales price of $125,000
42 single family homes with an average price of $152,800
The priciest home that came newly on the market is a 2004 Multi-Story condominium home in the Muirfield Village of the Grasslands Golf & Country Club Community; featuring 3 bedrooms and 2 baths with just under 2,000 square feet of living space currently offered for $329,900. On the contrary, the cheapest home newly on the market is a 3 bedroom 1 bath bank-owned listed for only $11,875 – under $10.00 per square foot – located in Ridgecrest Subdivision.
The data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”.
Take a look at the breakdown by zip code:
33801 – 06 with an average sales price of $147,366
33803 – 05 with an average sales price of $194,720
33805 – 05 with an average sales price of $104,935
33809 – 04 with an average sales price of $94,700
33810 – 18 with an average sales price of $144,450
33811 – 05 with an average sales price of $165,685
33812 – 02 with an average sales price of $92,900
33813 – 08 with an average sales price of $204,950
33815 – 02 with an average sales price of $45,825
Weekly update on distressed properties in Lakeland
A total of 484 properties are currently facing foreclosure. There were 24 Lakeland homes newly listed in the distressed category with average prices of $126,213 or $75.67 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.
For more information on the location of the properties newly listed in Lakeland, pricing and size of the homes click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.
Would you like to do your own search for properties? Look no further, click on the “Search for Homes” icon or contact me directly at (863) 619-6918.
Copyright © 2009 http://www.petranorris.com| All Rights Reserved
Lakeland Florida Homes for Sale – Weekly Update on New Listings 03/22/09 – 03/28/09
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
Telephone (863) 618-6919
Hi folks, it’s time again for the weekly update on newly listed Lakeland properties! There were 69 homes newly listed in Lakeland with an average sales price of $182,264 or $97.77 per square foot with area Realtors®, a decline from 76 homes listed from the previous week. We have seen a continued decline in newly listed properties and also seen a steady inventory in recent months at about 2,200 properties that are actively marketed for sale according to the Multiple Listing Services (MLS).
Amongst the newly listed properties, here is a breakdown of category:
1 ½ duplex listed for sale at $69,000
1 condo is listed at a sales price of $239,900
4 mobile homes listed with an average sales price of $76,625
4 townhomes/villas with an average sales price of $99,825
59 single family homes with an average price of $195,958
The priciest home that came newly on the market is a 1999 luxury home built by Mark Hulbert located in the Crescent Hills of Christina neighborhood; featuring 4 bedrooms and 3 baths with over 5,000 square feet of living space currently offered for $749,900. On the contrary, the cheapest home newly on the market is a 3 bedroom 1 bath bank-owned home in the Bon Air subdivision, listed for $36,900 – just under $37.00 per square feet. The data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”.
Take a look at the breakdown by zip code:
33801 – 12 with an average sales price of $111,268
33803 – 07 with an average sales price of $226,600
33805 – 06 with an average sales price of $146,066
33809 – 07 with an average sales price of $177,528
33810 – 17 with an average sales price of $152,294
33811 – 02 with an average sales price of $131,200
33812 – 03 with an average sales price of $159,966
33813 – 13 with an average sales price of $305,730
33815 – 02 with an average sales price of $114,950
Weekly update on distressed properties in Lakeland
A total of 506 properties are currently facing foreclosure, this number represents 23% of our total active inventory. There were 27 Lakeland homes newly listed in the distressed category with average prices of $137,856 or $74.15 per square foot. Distressed homes are categorized as “Bank-Owned”, “Require 3rd party approval (Short Sale)”, “Pre-foreclosure”, and “In-Foreclosure”.
For more information on the location of the properties newly listed in Lakeland, pricing and size of the homes click on map picture which leads you to the interactive Community Walk map created by Chuck Welch of Lakeland Local.
Would you like to do your own search for properties? Look no further, click on the “Search for Homes” icon or contact me directly at (863) 619-6918.
In case you missed my monthly market report, just click on Lakeland February Housing Report
Copyright © 2009 http://www.petranorris.com| All Rights Reserved
Lakeland Florida Homes for Sale – Weekly Update on New Listings 03/15/09 – 03/21/09
Licensed Florida Real Estate Broker
CDV TransAtlantic, Inc.
P.O. Box 92050 – Lakeland, FL 33804-2050
Telephone (863) 618-6919
