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Is Lakeland, Florida The Hottest Housing Market For Real Estate Investment?

Hottest Lakeland FL Real Estate Market Insight

If you’re keen to invest in your future in the Lakeland real estate and buy before prices become out of reach, you must peruse till the end. Prices in the Lakeland FL real estate market are expected to rise at a steady pace throughout 2019. So you should consider making your investment sooner, to dodge higher home prices down the road. Lakeland is a modest city of around a hundred thousand people. It is part of the Lakeland-Winter Haven metropolitan area; that is home to over six hundred thousand people. Lakeland is fifty miles or so inland, but this makes Lakeland an eastern suburb to Tampa.

While few would like to buy homes in the Lakeland housing market and drive the hour to hour and a half to Tampa to work, driving from the affordable homes in Lakeland to suburbs like Brandon is common. The Lakeland FL real estate market was ranked fifth among major metro areas in early 2018. In 2019, it moved into the number-one position in the Realtor.com ranking. According to Realtor.com, the home sales in the Lakeland, FL area would rise by 5% in 2019, while home prices would go up by 7.4%. Let’s take a close look at the Lakeland FL real estate market predictions 2019 & 2020 and find out why to invest in this hot Florida market.

Lakeland FL Real Estate Market

Original Photo via Pixabay


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