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Lake Mary, FL Real Estate News

By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind. You’ve heard about how they impact how much you can afford in your monthly mortgage payment, and you want to make sure you’re factoring that in as you plan your move.The problem is, with all the headlines in the news about rates lately, it can be a bit overwhelming to sort through. Here’s a quick rundown of what you really need to know.The Latest on Mortgage RatesRates have been volatile – that means they’re bouncing around a bit. And, you may be wondering, why? The answer is complicated because rates are affected by so many factors.Things like what’s happening in the broader economy and the job market, the current inflation rate, decisions made by the Federal Reserve, and a whole lot more have a...
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By LaShawn Norden, REALTOR, (321) 377-0157, Your Real Estate Advocate in Central FL
(Keller Williams Heritage Realty)
I don't know about you, but I love communities that have a vacation "feel" to them...not a cheesy, tourist-like vacation "feel"...(and trust me, we do have those here in Florida too!)...but one that comes over you when you pull in and you automatically relax... You know, that peace that washes over you the minute to step on a cruise ship or your toes touch the sand at the beach?  Ahhh... Living and working in the Lake Mary/Seminole County area for more than 35 years, I have been impressed with a new home community in Lake Mary that has really captured that vacation "feeling" like no other community in the area has. If you are interested in purchasing a new home and haven't had a chance to visit Banyan Pointe in Lake Mary Florida, I'd love the opportunity to tell you more!  You see, ever...
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Looking for current sales information for Lake Mary, Florida?  You have come to the right place...  This is the Lake Mary, Florida "Just Sold!" Weekly Real Estate Update for October 5 - 11, 2008.  This report contains all of the single family homes, townhomes and condominium sales for Lake Mary and Heathrow, Florida with the zip code of 32746. Sales in Lake Mary were less this week thank last weekwith 5 single family home sales.  Last week we saw 6 sale (4 homes, 1 townhome and 1 condominium).  We were hoping to continue the positive trend that we saw in The Lake Mary Update for September, I believe that the recent upheaval in the financial markets will have a direct affect on our local real estate market. Check back next week for more Lake Mary Florida Sales News. Single Family Homes S...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
What's Hot and What's Not Week of 10/06/2008 Each we will feature the hottest sales and listings in Orange County and Seminole County, FL. As to not offend anyone we will not be listing the Not's ok maybe a few picture, just not details. Hottest Home of the Week JUST SOLD: This weeks hot home sale was located at 1727 Brackenhust Place in Lake Mary, FL located in the upscale neighborhood of Carisbrook.  Home was listed for $1,149,900 Sold for $1,000,000 WOW! Square Footage 4,256 Bedrooms 4 Bathrooms 3/2 Garage 3 Pool Y Acreage 1.75 Hottest Home of the Week JUST LISTED: This weeks HOT home listing is located at 11536 Lake Butler Blvd in Windermere, FL located on the Butler Chain of Lakes. Reminiscant of gone with the wind, this classical revival is situated on 2 acres of pristine land an...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Today marks the 4-month milestone in little-Brianna's adventurous life. She has me completely around her finger already, but those of you that have daughters know that we wouldn't want it any other way. That said... we can learn things from just about anyone. Things we want to emulate... things we don't. As a new father, I never imagined that I could learn so much from someone that drools so much!! Whodathunkit? Without mixing it up too much here are the top 7 things I have learned from my doodle-bug, Brianna. 7. German Shepherds make good brothers and sisters... but their tongues are slippery. 6. Spit bubbles can make anyone smile. [This does not continue with age.] 5. When someone loves you unconditionally, they will put up with a lot of your c#@p! 4. Short naps can make a world of di...
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By LaShawn Norden, REALTOR, (321) 377-0157, Your Real Estate Advocate in Central FL
(Keller Williams Heritage Realty)
This week was an exciting one for RE/MAX agents and their clients! On Wednesday, it was announced that RE/MAX Central Realty (the brokerage firm I work for) and RE/MAX Realty Resources (the "other" RE/MAX firm in Lake Mary) have merged and are now operating as one new firm under the RE/MAX Central Realty name. As a result of the merger, there will be more than 100 Top Producing RE/MAX agents all under a new roof! This is especially exciting for someone like me who likes to network with other agents, as I find that we all have benefits that we bring to the table. Some are known for their technology skills, while others are known for their marketing or negotiating skills...regardless of what we are "known" for, I see this as a time to forge new relationships and to learn from one another....
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
The new numbers are in for September 2008 and like my last post for August 2008 we have a whole lotta nothing. Numbers are staying realivitly the same which is a good thing. Shows some stabilization. Interest was down from August 2008 and from same time September 2007 days on market about the same 2 days longer then 2007 however we ahve about 1800 units less of inventory then we did last year and about 800 more new contracts written this year over last. I think that last bit of information is great news. We have a little bit longer to go but there's this slight turn going on. Rates are down and dont always bet on those being low. I hope that you continue to come back to my blog or click to subscribe to my RSS feed For information on buying, selling, or auctions in Central Florida, Oran...
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If you are looking for the most current information about homes, townhomes and condominiums that have sold in Lake Mary Florida... you have come to the right place.  Sales in Lake Mary were less than expected this week with 4 single family homes, 1 townhome and 1 condominium.  The Lake Mary Update for September  showed an increase in sales in September over August and we are all hoping that this trend continues.  Check back next week for more Lake Mary Florida Sales News. The Lake Mary Florida Weekly Market Summary contains homes sales information for Lake Mary and Heathrow, Florida that includes the zip code 32746.  Single Family Homes Sold in Lake Mary Florida Sold Neighborhood Street Address Living Area Beds & Baths Pool $450,000 Meadow Brooke 343 Leslie Lane 2,765 4 / 3 Y $205,000 H...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Lake Mary, Seminole County, Florida for September 2008.  Lake Mary is made up of the zip code 32746.  For purposes of this analysis we will be splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number of pro...
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By Debbie Summers
(Charles Rutenberg Realty )
Welcome back to the Lake Mary Real Estate Market Update for September 2008.  The home sales information for Lake Mary is for the zip code 32746 and includes Heathrow, Florida.  Lake Mary Florida was voted the #1 Place to Live in the South by Money/CNN.com in 2007. Lake Mary Florida is a my favorite place for Orlando area residents to call home, just a short 20 minute drive to downtown Orlando and 45 minutes to the theme parks & the beaches. Lake Mary is a great place to choose your Seminole County home.  September Home Sales for Lake Mary Florida    For Sale Under Contract Sold September 2008 558 60 31 August 2008 578 59 26 July 2008 547 51 44 June 2008 554 66 47 May 2008 566 64 42 April 2008 555 74 32 March 2008 575 62 33 February 2008 549 60 32 January 2008 526 43 26   September sales...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
My morning started off as an interesting one down at Seminole County Down Payment Assistance office. Today was the first day for people to turn in their Seminole County SHIP applications. It has been a long process for some and the anticipation today was high. From talking with others in line some people started camping outside the county's door last night to be first in line and have the first opportunity to turn in their applications. These highly awaited funds are on a first come first serve basis. Some people will receive as much as $80,000 in free government money. By 6:00 am the line wrapped around the building and for those people it was a 3 hour wait to turn in your application. Many people were turned away because of incomplete files. Information missing like pay stubs, affida...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
First Time Home Buyers Do's and Dont's of Home Purchasing  So the bug hit you today, you started thinking about, "why, can't I own a home and stop paying rent?" Great question and one that isnt taken lightly. You should do research but also consult a local agent that specializes in working with First Time Home Buyers. This agent will know the ins and outs of purchasing and how to help educate you on the process, so you are a responsible home buyer and not another statistic. This person will also have a firm handle on the many government grants and programs out there to aid first time home buyers. If the agent claims to work with first time home buyers ask for reference of past clients that were first time home buyers, also if they tell you there are no programs out there, run far and f...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
Are you searching for something fun for the entire family to enjoy this Halloween?  Look no further than these two exciting events: Candlelight Tales: 7 p.m. Oct 10th and October 17th at Lake Mary Historical Museum, 158 N. Country Club Road, Lake Mary.  Storyteller Joe Rosier will tell tales by candlelight. This program is recommended for children over five years of age.  Doors open at 6:30 p.m.  $5.00 for Adults and $1.00 for Children.  Call 407 324-3011 for more details. Ghost Walk:  6:30 p.m. Oct 11th and October 18th; Lake Mary Historical Museum, 158 N. Country Club Road, Lake Mary.  Guides will lead visitors on a walk from the museum to the cemetery and back.  You may be spooked by some local ghosts along the way!  Walks will leave from the museum every ten minutes. $5.00 For Adult...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
I am truly by no means a junkie. Through my Real Estate career I was dubbed the Reality TV star whore. Why you may ask, I have been on ABC's "The Bachelor" Season 7, HGTV's "My House is Worth, What?" and "House Hunters" (any time they have a show in Orlando they call me up now), I have been on Fox News and Channel 9 news for my real estate insight, featured in the Orlando Sentinel & Inman news. Ok ok ok that's great, but whats that got to do with me? Here's your opportunity to be on TV not sure if it's everyone's dream to be on this show or not, but if it is here is your chance and probably a blessing. Super Nanny is coming to Orlando this weekend only looking for families. Here's the information to try out for Super Nanny My tips: Be confident and outgoing, more importantly energetic,...
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What's selling in Lake Mary Florida?  Magnolia Plantation is home to the most expensive home sale this week in Lake Mary.  311 Pecan Ridge Point in Magnolia Plantation was listed on December 6, 2007.  This home was on the market 217 days.  The original list price was $1,450,000, the home sold for 81% of it's original price.  This home was built in 2007 and had never been occupied.  Single Family Homes Sold in Lake Mary Florida Sold Neighborhood Street Address Living Area Beds & Baths Pool $ 1,187,500 Magnolia Plantation 311 Pecan Ridge Point 4,912 5 / 5 Y $ 475,000 Heathrow 1224 Chantry Place 2,848 4 / 3 N $ 310,000 Heathrow 1208 Trentwood Court 2,077 3 / 2 N $ 240,000 Woodbridge Lakes 717 Tigris Lane 2,012 4 / 2 N $ 160,000 Crossings 468 Holbrook Court 1,681 3 / 2 N    Townhomes / Cond...
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By LaShawn Norden, REALTOR, (321) 377-0157, Your Real Estate Advocate in Central FL
(Keller Williams Heritage Realty)
Well, it's time to face my fears. In just two days, I'll be face-to-face with 160+ Lake Mary High School alumni from the Class of 1988. Yikes!! Do I have time to lose 15 pounds, workout so that my FLAB turns to "FAB" or better yet, how about a total body makeover? You know, the hair, the makeup, the clothes..you name it...I'd love it all right about now as my anxiety level is at an all time high knowing that I'll be seeing many of those classmates that I thought were "cooler" than I was or who were nominated "most likely to succeed" while I was in Spanish Club and on the newspaper staff...oh my...so many memories (worth forgetting) and now, I've actually PAID MONEY to have them all resurrected....what was I thinking??? Honestly, it's not like I didn't know this day was coming for the p...
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By LaShawn Norden, REALTOR, (321) 377-0157, Your Real Estate Advocate in Central FL
(Keller Williams Heritage Realty)
I've got GREAT news to share! The first speculative home in Washington Estates, a custom home community in Lake Mary, Florida, has power as of today! It's been nearly a year since construction began, but the wait is finally over! Estate 3 was smartly designed to fit perfectly on the 19,457 square foot lot. This fine residence boasts 4,924 square feet of living area and includes; Five Bedrooms Three full and two half Bathrooms A study in lieu of a formal Living Room A formal Dining Room as well as a separate Breakfast Room A downstairs Family Room as well as an upstairs Game/Media Room A three-car Garage Additional distinctive features include a Wine Room; a Wet Bar and a Sitting Area adjacent to the Master Bedroom A custom pool is included in the price of all estates and the Buyer has t...
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By Rick Belben, Orlando Real Estate - Belben Realty Group
(Belben Realty Group)
Click here to "Get a FREE List of all NEW properties just added to the market in Lake Mary FL" Beat other homebuyers to the hottest Lake Mary new homes coming on the market with my FREE list of properties meeting your specific requirements.  Right to your email.  Great Deals still sell very fast so sign up today for your FREE List of homes and don't miss out on a great opportunity. It's a Great Time to Buy a Home!! Call Rick Belben direct at (407) 341-1706 to set-up your FREE List of New Properties. Apopka Real Estate Orlando Real Estate Rick BelbenAmerivest Realty of Central Florida(407) 341-1706  
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
For the record I love bank owned properties around the Orlando, FL area. They are great deals for buyers, it allows most buyers to get into a great home in a great area for less, just needs a little TLC. However this week has been a trying one. My buyers wrote and offer on a property about a week and half ago. Banks sometimes get back to us right away and sometimes they take a little longer. The agent told us about 3 days after sending in the offer, she is pretty sure we have the deal but waiting for final approval. So we waited and waited. Mind you we are up against a deadline. See it was September 22, 2008 and we still didnt have an answer back from the bank and in order for my client to still receive Nehemiah down payment assistance we needed a finalized deal by today. So we continu...
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I love living in Lake Mary!  The City of Lake Mary is sponsoring another FREE event for residents to get out and enjoy our great Florida weather and listen to some live music.  Come and enjoy a FREE Concert this Saturday, October 4, 2008 from 6 to 9 pm in Central Park at City Hall.  The Smoking Torpedoes will be headlining this Blues Concert and area vendors will be providing food and beverages for your purchase.  Bring your blankets and your lawn chairs for fun evening of live music in the park. City Hall is located at the corner of Lake Mary Boulevard and Country Club Road...  Click Here For Map.     Licensed Real Estate Professional, ALHS, e-PRO @ 407.758.1020 or Debbie@CasAndDebbie.com Lake Mary is the Premier Orlando "Bedroom Community" and the #1 Place To Live In Florida! Do you w...
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What's selling this week in Lake Mary Florida?  There were 3 sales in Magnolia Plantation last week.  Magnolia Plantation is a guard gated, golf community in Lake Mary located just north of Lake Mary Boulevard off Markham Woods Road.  Magnolia Plantationfeatures 1 acre home sites, with views of the golf course, lakes and conservation areas to choose from.  There are a few custom home sites still available and a variety of homes for sale.    Single Family Homes Sold in Lake Mary Florida    Sold Neighborhood Street Address Living Area Beds & Baths Pool $ 635,000 Magnolia Plantation 913 Sweetgum Valley Place 3,173 4 / 2.5 Y $625,900 Magnolia Plantation 1081 Walnut Woods Place 3,835 5 / 3 & 2 Y $526,000 Magnolia Plantation 1583 Shadowmoss Circle 2,396 4 / 3 N $ 235,000 The Crossings 862 Tom...
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