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Polk County October 2017 Market Trends

by Lisa Castanet

Get all the latest October 2017 data for your market area all over Polk County.  Check out the latest analysis for Lakeland FLMulberry FLAuburndale FLBartow FLWinter Haven FL or Plant City, Haines City and surrounding areas.

You can even look at your specific zip code within each of these cities.  All market data is updated in real time on the 15th of each month for the previous month's reports. The data is from My Florida Regional multiple listing service powered by Real Estate Business Intelligence and provided as a courtesy to by Native Palm Properties.

So check Polk County October 2017 Market Updates and check back each month for your zip code information.

Protecting Your Identity When Buying a Home

by Lisa Castanet

Protecting your identity when buyer a home. Here are some ideas, courtesy of Florida Realtors.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thieves are using ever-more sophisticated scams to steal your identity and, ultimately, your down payment. To help protect yourself, consider theses suggestions:

  • Install malware protection software on your computer to help block online attacks.
  • Create strong passwords for your computer and smart devices and change them regularly.
  • Add lock-out software that blocks access to your computer when you're not using it.
  • Never access or send financial or personal information when connected to a free Wi-Fi hub or charging stations.
  • Seek referrals before choosing a lender. And never send sensitive information without first meeting the lender in person.
  • Never open suspicious emails or attachments, even if they appear to be from your lender or RealtorR. 
  • Use caution if posting information about your purchase on social media, where it can be mined by scammers.
  • Never email sensitive information. Instead, send it by courier, drop off the documents in person or use a secure, encrypted document-sharing platform.
  • Ask your Realtor and lender who will have access to your personal information and how it will be disposed of if it's not needed when your transaction is complete. Will it be shredded or stored in a secure location?
  • Work only with a lender who uses dual controls on sire transfers so no money can be moved until two employees independently approve the transfer.
  • Never wire funds until you have phoned a trusted source to confirm that all the information in the wiring instructions is accurate.
  • Always be on the lookout for scams and impersonators.


Sources: Florida Realtors, Federal Trade Commission, National Association of Realtors.

 

 

 

 

 

Polk County Real Estate Market Trends September 2017

by Lisa Castanet

Let's review the latest Polk County real estate market trends as of September 2017.  If you live in Lakeland, Mulberry, Bartow, Auburndale or Winter Haven then you can check out the latest data every month by simply visiting our website and clicking on the linked page with charts and graphs showing detailed sales activity, average sale price, the average days on market and many more facts. 

Keep track every month as this data is updated automatically from our My Florida Regional MLS system's Smart Charts. Typically this data is updated around the 15th of each month for the previous month. You can track monthly data, year over year and see the statistical trend versus the 5 year average. 

If you live in Polk County, Florida then you won't want to miss the latest Polk County real estate market trends for 2017! Just click the links below and follow the link to each zip code.

Lakeland market trends - click Here  

Mulberry market trends - click Here

Bartow market trends - click Here

Auburndale market trends - click Here

Winter Haven market trends - click Here

Polk County October 2017 Market Trends

by Lisa Castanet

 

 

Get all the latest September data for your market area all over Polk County.  Check out the latest analysis for Lakeland FLMulberry FLAuburndale FLBartow FLWinter Haven FL or Plant City, Haines City and surrounding areas.

You can even look at your specific zip code within each of these cities.  All market data is updated in real time on the 15th of each month for the previous month's reports. The data is from My Florida Regional multiple listing service powered by Real Estate Business Intelligence and provided as a courtesy to by Native Palm Properties.

So check Polk County September 2017 Market Updates and check back each month for your zip code information.

Tips for Buying in a Tight Housing Market

by Lisa Castanet

Here are some tips for buying in a tight housing market for you.

 When inventory is low, prices go up and homes sell quickly - this is considered a tight housing market. Buying a home in this market can make an already complex process even more overwhelming.

Follow these tips to avoid unneeded stress!

Tip #1 - Identify Home Wants vs. Needs

There are many features to consider when buying a home. Wants, such as stainless appliances or hardwood floors, can be added later so don't get caught in bidding wars for homes with these features. Focus on homes that meet your needs and you may find more success. Such features include school district, neighbors, lot size, location and floor plan layout.

Tip #2 - Establish And Stick to a Budget

Buyers should get a preapproval as soon as possible to verify the amount of money they are qualified to borrow. From there you can take into account additional costs of ownership such as taxes, utilities and insurance, to determine a final budget that you can afford. Remember, in a tight market bidding wars can drive up prices, so be prepared to walk away if the asking price surpasses your budget.

Tip #3 - Bid Competitively with a Solid Earnest Money Deposit

While it is tempting to submit a low offer as a starting bid, buyers should put forward their highest offer from the very beginning or they are likely to lose out on the home. In addition, make sure your offer includes a solid earnest money deposit to show you are committed to the sale. (Earnest Money Deposit - the cash provided by the buyer, ranging from 1% up to 5% of the purchase price, which gets held in escrow until the sale closes.)

Tip #4 - Be Flexible

In multiple bidding situations it's not always the highest offer that is the most attractive to a seller. Find out if there are any items that are important to the seller that you can be flexible with, like the move-in date. Allowing a few extra days for the seller to move out can make your offer standout from the others.

Tip #5 - Hire A Professional

Finding your dream home in a tight market is a full-time-job, hire a professional! Realtors are the most trusted resource for real estate information and have unparalleled knowledge of their communities; they can give you the competitive advantage needed in a tight market. (Tight market can also be referred to as a Seller's market because of low inventory or number of homes available for sale)


Source: National Association of Realtors, CentralBank.net. Courtesy of Real Estate Infographics.

 

 

5 Ways to Thrive in a Seller's Market

by Lisa Castanet

7 Reasons You Should Buy A Home Now

by Lisa Castanet

Top 10 APPS for Home Buyers & Sellers

by Lisa Castanet

12 Tips For Your Final Walk-Through

by Lisa Castanet

10 Reasons to list with a Realtor

by Lisa Castanet

Here are 10 Reasons to list with a Realtor (according to NAR)

 1. PRICE.

Homeowners who sell their homes on their own typically generate $46,000 less than homeowners who work with a Realtor.*

2. ACCESS TO BUYERS

Through the Multiple Listing Service, professional contacts and their own database of prospects, Realtors can help you reach the widest range of customers.

3. MARKETING EXPERTISE.

Realtors know the best ways to advertise to attract buyers, plus they can use the marketing muscle of their brokerage to promote your home.

4. TIME.

Realtors have the time and expertise to handle open houses, showings, inspections and the dozens of other tasks that would take you away from your work and regular routine.

5. SALES SKILLS.

Realtors can evaluate your home and suggest improvements to get you maximum value, and they're skilled at handling showings to generate a positive response.


6. EXPERIENCE HANDLING PAPERWORK.

Buying or selling a home involves reams of paperwork that can be hard to understand. Realtors thrive in this world.


7. NEGOTIATION SKILLS.

With years of bargaining experience and expert understanding of the market, Realtors can help you close the deal at the price and terms you want.


8. KNOWLEDGE OF NEIGHBORHOODS.

Realtors know local communities cold and can help you find a replacement home in the nicest neighborhood and with the best schools.


9. KNOWLEDGE OF SERVICE PROVIDERS.

Realtors can refer you to their network of top-quality lenders, lawyers, inspectors and repair people to make sure you get the best result in every stage of your deal.


10. ADVICE AFTER CLOSING.

An experienced Realtor will continue to support you as questions pop up after the deal is done.

 

* The typical FSBO home sold for $184,000 compared to $230,000 for agent-assisted home sales. - NAR 2014 Profile of Home Buyers and Sellers

Displaying blog entries 1-10 of 31

Contact Information

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Native Palm Team
Native Palm Properties
5925 Imperial Pkwy, Suite #111
Mulberry FL 33860
(863)647-1679
863-838-1318
Fax: (863)701-8309