Life
real estate in
2021
what to expect
and what to do
I am a licensed Realtor here in central Florida,
Lakeland being my full-time market, my
home, and my happy place! I am a listing
agent, buyers agent, property manager, Real
Estate instructor, and a Broker In Charge of 2
La Rosa Realty branches in South Carolina. As
well as a full-time mommy, ongoing student, and
volunteer. My days are busy and filled with hard
work and love for what I do!
As a South Carolina native, I went to college at
USC, and I have been in Real Estate since 2014. It
is my passion to help others achieve their dreams,
let it be as a first home buyer, investor, new agent,
or someone in search of their next dream home.
The past year has been intense for everyone,
and the last few months have been no different,
especially for the Lakeland Real Estate Market!
For Lakeland (along with many other areas)
March was a seller’s market! This means that
there were more people looking to buy than
there were homes available, many listings were
receiving multiple offer situations, and being
sold over their listing price! Mortgage rates have
been the lowest they have been in years, which is
contributing to the sudden overflow of buyers!
Lakeland has 48 neighborhoods so it may seem
like there is a lot to choose from but it is also
one of the fastest growing cities in population.
In March of 2021, Lakeland home prices were up
21.1% compared to last year, selling for a median
price of $251K. On average, homes in Lakeland
sell after 10 days on the market compared to
27 days last year. There were 435 homes sold
in March this year, up from 375 last year. So
my advice for Buyers and Sellers in this super
competitive market would be:
buyers
I recommend hiring an experienced agent who
knows the local market and how to negotiate
multiple offer situations! I also recommend
getting pre-approved prior to house shopping or
making an offer. This will make it much easier to
move quickly on making an offer when you find
the perfect home.
sellers
I recommend contacting an agent to do a detailed
price analysis of their home as home values have
increased dramatically. That agent needs to be
someone who has a plan to handle multiple offer
situations to get you the most money possible!
Sellers in this market want to be as prepared as
they can be for a quick sale if their home is priced
well and this comes from working with the right
professional.
Meet the Author
I am Marlana Alvarez, REALTOR®. I specialize
in bringing together buyers and sellers of
residential property and facilitating great
transactions that move people forward. For more
information on what I can do for you, please
check out my Facebook @realtor.marlana.
La Rosa Realty
Lakeland, FL
864-321-2865
marlanaalvarezsells@gmail.com
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