Folks, as every week for the past weeks you will find my weekly report below to offer you with an inside on what is happening in the Residential Real Estate Market for Lakeland, FL. This report is by zip code and is in my opinion more accurate than measuring by school zones, since school zone changes are in progress and Realtors® not always input the school zones into the Multiple Listing. There are currently 2388 properties for sale, which is a decrease of 52 listings reported the previous week. Last week's average sales price increased modestly. However, the average sold price increased almost 20% compared to my prior report of the Lakeland Residential Weekly Market Report 3/17/08-3/24/08. So far, for the month of March, the Mid-Florida Regional MLS reports that 25 homes sold in Lakel... 04/01/2008

The annual aerial extravaganza known as the Sun n' Fun Fly-In begins April 8thand runs thru the 13th. The major draw at this year's show will undoubtedly be the USAF Thunderbirds. The Thunderbirds are a squadron of elite pilots that will demonstrate solo and formation flying routines. Their showcase runs approximately 75 minutes and will feature approximately 30 maneuvers that include both air and ground exhibitions. Sun 'n Fun, a non-profit organization, is best known for its annual Fly-In held each April. The Fly-In is the major source of funding for the operation of the Florida Air Museum, the state's "Official Aviation Education Center." Additionally, Sun 'n Fun features education programs especially geared toward young people - featuring valuable "hands on" learning experiences.  T... 03/31/2008

 Did you purchase a home last year and you had to take out private mortgage insurance (PMI)? This will be the first time that you will be able to deduct the full premium on this year's federal tax return if your adjusted gross income is $100,000 or less. Families with incomes between $100,000 and $109,000 are eligible for a reduced deduction. According to Kevin Schneider, president of the Mortgage Insurance Companies of America (MICA), this year's tax break could be worth $350.00 per taxpayer - an annual deduction that qualified homeowners can take each year through 2010.Congress approved this tax deduction in late 2006, which applied to loans with mortgage insurance that closed in 2007. Congress also voted to extend the mortgage insurance tax deduction through 2010, this extension was ... 03/28/2008

The business section of the Lakeland Ledger reports the housing market continues to have difficulties in Polk County and across the State of Florida.Folks, as every week for the past few weeks you will find my weekly report below to offer you with an inside on what is happening in the Residential Real Estate Market for Lakeland, FL. This report is by zip code and is in my opinion more accurate than measuring by school zones, since school zone changes are in progress and Realtors® not always input the school zones into the Multiple Listing. There are currently 2440 properties for sale, which is an increase of 46 listings reported the previous week. Last week's average sales price increased modestly. However, the average sold price decreased almost 29% compared to my prior report of the L... 03/25/2008

Harrison School for the Arts Music Department will present their Jazz and Chamber Winds Concert on Thursday, March 27 at 7:30 p.m. You will hear some of the selections performed by The Harrison Jazz Band that includes: Morning Dance by Spyro Gyra, Switch in Time by Sammy Nestico, and A Night in Tunisia by Dizzy Gillespie.  Spyro Gyra performing Morning DanceThe Chamber Winds will perform selections such as: Jack Hawes' Pieces of Eight and Walther Lampe's Serenade op. 7. The Harrison Orchestra Department is under the direction of Rob Lambert and Matt Davis. Tickets are $5.00 for students and senior citizens and $7.00 for adults and can be purchased online at Harrison School for the Arts web site or at the box office located in the Patrick Mitchell gallery on 750 Hollingsworth Road in Lak... 03/25/2008

Hello, as every week for the past few weeks you will find my weekly report below to give you an inside on what is happening in the Residential Real Estate Market for Lakeland, FL. This report is by zip code and is in my opinion more accurate than measuring by school zones, since school zone changes are in progress and Realtors® not always input the school zones into the Multiple Listing. There are currently 2394 properties for sale, which is minimal increase of 9 listings reported the previous week. Last week's average sales price increased modestly. However, the average sold price decreased by 3% compared to my prior report of the Lakeland Residential Weekly Market Report 3/03/08-3/10/08. My weekly report is obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guar... 03/18/2008

 Please join me when these gifted Piano Students present their annual Spring Piano Concert on Tuesday, March 25 at 7:30 p.m. This piano concert will not only feature solo piano repertoire of Mozart, Chopin, Liszt, Rachmaninoff, and Debussy; but also feature a Romance of Sergei Rachmaninoff written for six hands; Ritual Fire Dance of Manuel de Falla, and a movement of the Sonata for Two Pianos of Claude Bolling. Bolling's piece depicts a musical duel between a "classical" and "jazz" pianist's including drums and bass. There is a little something for everyone at this concert. The piano students are under the direction of Rebekah Haubry. The concert takes place in the Harrison School for the Arts Theatre located at 750 Hollingsworth Road in Lakeland, next to Lakeland High School. The theat... 03/14/2008

Below you will find my weekly report to give you an inside on what is happening in the Residential Real Estate Market for Lakeland, FL by zip code.There are currently 2385 properties for sale, which is a decrease of 19 listings reported the previous week. Last week's average sales price decreased modestly as well as the average sold price had an insignificant increase compared to my prior report Lakeland Residential Weekly Market Report 2/25/08 - 3/03/08.My weekly report is obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include "For Sale By Owner".If you are interested in a specific area or neighborhood, feel free to contact me at petra@petranorris.com   Copyright © 2008 http://www.petranorris.com| All Rights Reserved Petra Nor... 03/11/2008

Harrison School for the Arts - Choral ConcertIf you missed the Harrison School for the Arts theatre sold out performances last month "Pride and Prejudice".  You're in for a treat at this year's Spring Choral Concert on March 20, 2008 @ 7:30 p.m.  picture provided by Dawn KahreThe Harrison Chorus will be premiering the "Opera in a Box" program for the middle schools with an abbreviated presentation of Hansel and Gretel during the first half of the concert.  The second half will include songs from around the globe, including Japan, Brazil, Africa, England, and more. The choral students are under the direction of Judy McLaurin. Tickets are $5.00 for students and senior citizens and $7.00 for adults. You may purchase your tickets on-line at Harrison School for the Arts web site or on the ev... 03/10/2008

 The aftermath of a date change in Florida's Primary Election Sure you have heard the news or read the newspaper why Florida changed its Primary Election day to January 29, 2008. Check out the article by Abby Goodnough "Seeking an Edge, Florida Changes Its Primary Date".The race for the democratic nomination is stronger than ever and still no clear cut winner in sight - what a mess it is. Florida's politicians now are asking for another democratic primary election or some sort of compromise.Was it necessary to move up the date to January 29th? It is my opinion that holding the primary election in Florida after February 5th would have been a better choice, considering the threats from the Republican and Democratic PartyWhat are Florida's benefits to have an early election? You tell me! I... 03/07/2008

Lakeland Residential Weekly Market Report Below you will find my weekly report to give you an inside on what is happening in the Residential Real Estate Market for Lakeland, FL.   There are currently 2404 properties for sale, which is a decrease of 14 listings reported the previous week. Although the average sold price decreased by 6% from last week, the amount of 29 closed properties increased this past week from the previous reported week. My weekly report is obtained by the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include "For Sale By Owner".If you are interested in a specific area or neighborhood, feel free to contact me at petra@petranorris.com 03/04/2008

The Price is Right! The article " In Downer Market, Home-Selling Savvy Is Needed" in The Ledger from Jonathan Clements, who writes for the Wall Street Journal, inspired me to write about to Price It Right.  First of all, before you are thinking about putting a price tag on your house, make sure your house is in tip top shape so you can get the most dollars for your priced possession. Do your research of homes that are For Sale in your neighborhood. Please keep in mind that tiles, paint, or laminate flooring in your house is not an upgrade - it is simply upkeep.  I also recommend doing your research on homes that were sold within the last 6-12 months.  I'm sure you can call a real estate agent and ask for their help and honest opinion, because that is what we here for to serve the public... 02/28/2008

By Dustin R Burke, Adonai Financial This is the first blog on Lakeland and is being put out there as an "icebreaker".   Lakeland is a city in Polk County, Florida with an estimated population of 89,108 (according to the 2006 Census Bureau).  Lakeland is the spring home to the Detroit, Tigers, headquarters for Publix Supermarkets, and the first Red Lobster Restaurant.    Lakeland has one local newspaper, the Ledger (owed by the New York Times), and five local radio stations. The median family income is $40,468 with $19,760 per capita.  Lakeland was recently rated in CNN Moneyline for one of the best real estate markets in the US.  The expected population at 2020 is 115,000. Please share information you have on local business, real estate, events or anything else relative to the City of L... 02/27/2008

Time is running out and so is your savings!Monday, March 3rd is fast approaching, if you are the one who bought or sold a homestead in 2007. It is the deadline to apply for homestead exemption and portability of Save Our Homes tax benefits, which is the difference between the assessed value and market value of a homestead due to the annual limit on increases in assessed value. Homeowners, who already applied for a homestead exemption on their new homes, must complete a separate application by March 3, 2008. To download an application form for portability, visit your local property appraiser's web site or Florida Department of Revenue web site.It may not be a whole lot of savings, but every little bit helps in this difficult financial time. Time is of the essence! 02/27/2008

As I bring to you my weekly market update for Lakeland, I must emphasize there are a currently over 2400 residential properties for sale in Lakeland. There are 234 homes currently pending to close, which is an increase of 20 homes from my last week's report, however there were 5 properties less sold. The average days on market increased from 117 to 156. The average sold price decreased by $7877 approximately 5% from my last week's report. If you are interested in a specific area or neighborhood, feel free to contact me at petra@petranorris.com 02/25/2008

Harrison School for the Arts of Lakeland, FL presents:   Pride and PrejudiceI want to talk about a High School that is near and dear to my heart. In 1989 Harrison Arts Center opened its doors to 154 students. It is the only High School in Polk County with a strong emphasis in the arts program. Students currently enrolled majoring in their field of Music, Dance, Theatre, Musical Theatre, and Visual Arts. These students take their General Education Classes at Lakeland High School. Harrison School for the Arts proudly presents the east coast premiere of Marcus Goodwin's adaptation of Jane Austin's famous novel, Pride and Prejudice. The public performances will tale place on February 28th, 29th, and March 1st at 7:30 p.m. and March 2nd at 2:00 p.m. There is limited seating for this event. T... 02/24/2008

While I think nobody posted any Real Estate Market Statistics for Lakeland, I believe it is my duty to inform my clients and the public interested about the current market condition in Lakeland, FL - "GOOD and BAD". Below you will find my weekly report that I will be posting every week to give you an inside on what is happening in the Residential Real Estate Market in Lakeland, FL.  My weekly report is obtained by the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include "For Sale By Owner". Dont' you agree that your clients need to know about the current market condition in their area and not always hear it from the media? 02/19/2008

Are you looking to buy Homeowners Insurance? Since Hurricane Charley, Frances and Jeanne stormed through here in Polk County, FL in 2004, homeowners have seen their homeowners insurance rate skyrocket. My insurance rate tripled since that time and I'm sure we are all in the same boat.Gov. Charlie Crist announced the launch of the "Shop and Compare Rates" Web site. This web site will serve as a valuable tool for homeowners and consumer who are trying to compare rates before they purchase their home.  "It serves as a starting point to help Floridians find the insurance policy best suited to their needs," says Gov. Crist.www.shopandcomparerates.com lists standard yearly insurance premiums based on a structure of a 5-year old, Florida concrete block home, with a current replacement value of... 02/14/2008

Radon  in Polk County, FLRadon is a radioactive gas that you can't see, smell or taste, however it may be a problem at home. It cames from the soil and it moved up from the ground through cracks and other openings in the foundation. Any home, old and new may have a radon problem. According to the Florida Department of Health, elevated indoor levels are seen as the second leading cause of lung cancer.Where would you find Radon in Polk County?Uranium is mixed with the abundant deposits of phosphate in the ground, therefore it can be found on Land that has been mined for phosphate or land containing phosphate rock that was never mined.It can also be found from land containing fill dirt brought in from the mined or mineralized areas.How can you find out if Radon is in your home?The Environm... 02/09/2008

Super Bowl With great anticipation - will the New England Patriots go undefeated or will the N.Y Giants win the Super Bowl as the Cinderella team? I can't wait to for the game to begin this Sunday.As a Miami Dolphins fan and watching the N.E. Patriots win their games week in and week out, I ask myself "was it really necessary to spy on the N.Y Jets?" I'm sure they could have won without filming the Jets' defensive signal calling. Should the Patriots win this year's Super Bowl, I'm sure a lot of Miami Dolphins fans will say that the 1972 Miami Dolphins are the true undefeated team because they did not spy on an opposing team. I remember when I was on a Cinderella team, playing soccer, it was a long time ago, but I remember the game as it was played yesterday winning the game 1:0  - what ... 02/01/2008