The news is good and bad if you’re in the market for a condo here in Lakeland:
For Lakeland and Winter Haven, existing home sales fell 38 percent to 790 units sold while the median sales price fell 3 percent to $170,400. For existing condo sales, Lakeland had a 47 percent drop while median sales prices fell 21 percent – the largest drop in the state – to $100,000. — Tampa Bay Business Journal
However, the drop in price seems to be made up by the increase in insurance:
Ten years ago, for example, the average cost of home insurance in America was $455 per year. Today, it is an estimated $886 for much less insurance. — The Ledger.
Bio: The short line? Father, husband, writer. My online presence is primarily through as the editor, writer, and occasional photographer for the news sites, Lakeland Local, a sampling of the news, concerns, and events for Lakeland, Florida, and Metro i4 News, which covers the Interstate 4 corridor in Central Florida. Both sites feature the work of myself and other contributors. As a hobby, I manage a forum and some web sites that feature a pulp fiction series written by Lester Dent -- Doc Savage Organized, Doc Savage Info, and Flearun.
