Lakeland Florida Real Estate Blog

by Damion Boyce

Thursday, May 08, 2008

Buyers Beware - When Is the Best Time to Buy in Central Florida

Where is the best place to invest your money? Is it the stock market? Is it real estate? Most stock market investors believe in buying low and selling high. Real estate is at a low right now. The interest rates are close to an all time low. Those who buy real estate in Central Florida in the next 6 months should pat themselves on the back and feel confident..(read more)

Wednesday, April 09, 2008

Home Improvements that Add Value!

Home Improvements that Add Value! What follows are the “best estimates” for the most typically consistent remodeling projects I have seen across the country. These factors may vary due to the market or home. (comment)

Wednesday, April 09, 2008

Factors that Don't Affect the Value of your Property

Factors that Don’t Affect the Value of Your Property • The value of your property is determined by what a BUYER is willing to pay in today’s market based on comparing your property to others SOLD in your area. – Buyers ALWAYS Determine Value! The Below Items do not affect the value! (comment)

Wednesday, March 19, 2008

USAF Thunderbirds to Perform at Sun 'N Fun Fly-In 2008

Sun 'N Fun is right around the corner (April 8 - 13). Sun 'N Fun is one of the nation's largest Fly-Ins in the Southeast. The Thunderbirds plan to arrive at Sun ’n Fun during the early portion of the Fly-In and remain through the remainder of the week. They may engage in individual media flights and possibly a team orientation flight prior to their scheduled performances on..(read more)

Wednesday, March 19, 2008

Mayfair-by-the-Lake (Art Festival in Lakeland Florida)

Coming May 10th - 11th on the shores of beautiful Lake Morton (the duck lake) in Lakeland, Florida is the annual Mayfair-by-the-Lake. This event is always a big attraction for the local residents in Lakeland. This event is sponsored by the Polk Museum of Art. Enjoy music, local school bands, local artists, food, drinks, lots of sunshine, and the beautiful birds..(read more)

Wednesday, March 12, 2008

Lenders Restrict Loans Based on Location and Declining Market Areas

Lenders are beginning to restrict Conventional loans in some areas depending on if the location is deemed to be in a "Declining Market Location". In these areas the borrower is expected to increase their down payment (to 10%) if they really want the loan and the Home. Unfortunately, many borrowers are not finding this out until weeks into the contract to purchase. This..(read more)

Monday, March 10, 2008

F.H.A. loan limits have increased in counties in Florida

This week, F.H.A. loan limits have increased in counties in Florida. The new loan limits are based on a calculation of 125% of the median sales price for each county. Of course, the lender always has the final say on what the maximum loan amount is. The increases are for both refinances and purchases. This was part of an economic stimulus package titled "The Economic Stimulus..(read more)

Tuesday, March 04, 2008

March 2008 Real Estate Update W a r m i n g U p !

The market has changed again. Maybe it is my own mindset or maybe we really are selling homes every other day. Suddenly, it seems that homes that have been on the market for months and months are now being bought. For every Home that goes under contract, one buyer gets off the fence and is forced to ACT FAST because if they don't, they will be homeless. Recently someone said that..(read more)

Friday, February 01, 2008

Freddie Mac Says Mortgage Help Is Available - Many Unaware

According to CNNMoney.com many borrowers behind in their payments are unaware that there may be alternatives to help delinquency. Delinquent borrowers should call their servicers in an effort to avoid foreclosure. Freddie Mac survey says more than half of delinquent mortgage borrowers still unaware of ways to avoid foreclosure... (read more)(comment)

Friday, January 18, 2008

Real Estate Buzzing January 2008

The real estate market in central Florida (Lakeland area) has been positive since Jan 2. The buyers are beginning to make decisions and seem to realize there is an ideal time to purchase their next property. There will be a day when we all say we should have bought at the perfect time. It is not clear when the perfect time will be, but we do know that prices are down and interest..(read more)

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Last Post: 5/8/2008

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