06/12/2026
Happy Friday, South Lake. Here is your weekly check-in.
Rates first. The 30 year fixed has eased to about 6.5% this week, a touch lower than last week and roughly a third of a percent below this time last year. No drama, just a slow grind in the right direction.
Here at home, South Lake is tight. About 4 in 10 homes on the market are already PENDING and very few new ones are coming on, so sellers still hold the leverage. The typical home is selling right around $425K, going PENDING in about 39 days, and sellers are collecting 99% of their list price. Translation for sellers: price it right and the market will meet you there, fast. Translation for buyers: you have a little more breathing room than the headlines suggest, but the well priced homes are still moving.
Out and about this weekend: the Downtown Clermont Farmers Market runs Sunday from 9 to 2 on Montrose Street (park behind Suncreek Brewery and you will thank me later). Early birds can catch the Cool Sommer Mornings triathlon at Waterfront Park Sunday at 7 AM, unicorn theme and all. Trail runners, Lake Louisa State Park hosts the LEFTOVER Trail Race Saturday morning. And through June 30, downtown shops are displaying 30+ historic American flags with prizes for finding them.
Team note: we have two Groveland families PENDING right now through our Mortgage-Exit solution. Both were expired listings where the owners thought they were out of options. There is almost always a path forward.
South Lake Insider, every Friday. See you next week.
