Commercial Closing!

Another commercial closing today! Yeah. Well, actually closes on September 2, but our side is done!

Seems to be a few commercial closings in the Lakeland area, now we just need the residential sales to pick up a bit. Not sure how that is going at this point, being they have discontinued the down payment assistance programs in the State of Florida!

I have not had time to really investigate how all is going in Real Estate in Lakeland, Florida. I have heard a few horror stories in reference to advertising homes for sale in the area. But it is really gossip at this point. Will see where the advertising companies go with this. Maybe one wont be around much longer, time will tell! You never know what will happen. I heard gossip that the Ledger went down on their prices??? Wow, Im not a ledger fan, but I guess they are dealing with the economy and actually did something positive. Of course, it will help them in the long run, they may keep a few customers.

I heard a couple of photo books are no longer in the local Walmarts, the gossip being that Walmart went up on their rental prices to put a rack in the Walmarts! Gosh would a major company do that in this economy??? Like I said just rumor to me at this point, but rumors start problems for companies. I would not want to be Walmart if this rumor ends up being true!! I also heard that the photo books business is going down with the economy and housing market, so of course, they must cut the distribution of the books to cover the overhead!

We need this economy jump started and quick! Where is the help going to come from??

Lakeland Florida Economy?

Gosh I went out of town for a few days and when I returned things were already changing in Lakeland! Not for the good.

I returned to Lakeland via South Florida Avenue. As we were going down the road, I saw that Sonic did close, which I had heard prior. Then I passed Bennigans at 5 pm on a Friday nite and it was closed! I soon found out they and Steak n Ale closed while I was gone. Then a few people have mentioned a number of other chain resturants are closing in the area too! Not a good sign.

It seems everyone I speak with is having troubles.

Maybe Things are Turning Around?!

Maybe the Lakeland Florida real estate sales are turning around? When I spoke to someone in the industry just last week, they said the calls were increasing. This seems to be very true from my experience this week.

I have had a number of people looking at my Condos, no offers yet, but at least there is activity.

The other sign is two commercial properties that were listed both received contracts this week! Can you believe it! Two properties with two buyers in a matter of days! At least the commercial side is looking up! My Realtor has been a blessing to work with and I know I don't usually mention names - but she deserves alot of credit for all the hard work she does.

I would like to say "Thank you" to Susan Luckey with Brooks Chandler Realty for being a professional and friendly realtor who puts forth so much of herself in making the real estate transactions a positive experience. "Thank You"