It wasn’t that long ago Black Lake Park had over 15 homes for sale, how times change.  Today this lakefront community once a haven for short sales and bank foreclosures is on the rebound featuring only 3 homes on the market. Built at the peak of the real estate market it’s no surprise this gated community in Winter Garden was at the mercy of the decline.  With homeowners purchasing top dollar for these homes the past 5 years of declining prices could not sustain the values.

If we know one gurantee about real estate it’s that it always changes and change is here.  Make no mistake we are not back in the hey days of 2005 and home values but rather entering a normal real estate market, something Florida has not seen in a decade.