Orlando’s Economy top ranked in Florida

Moving up one spot from last year, 28th to 27th using 23 different economic factors, Orlando is tops in Florida.  Full Story

Mortgage rates drop

For the 6th straight week in a row, Freddie Mac reports that mortgage rates are down again this week.  The average for a 30-year fixed last week was 4.93, this week 4.84.

Home prices on the way up

Orlando existing home sales increased in average price for the third month.  This month the price was up 4.5%, but don’t get to excited overall still down 11.5% compared to April 2009. Full Story

FHA to Reduce Closing Cost Assistance

Early this summer the FHA will reduce allowable seller concessions — the percentage sellers can take from the sales price of a home to fund closing costs — from 6% to 3%.  Full Story

Florida’s mortgage delinquency rate on the rise.

The Orlando area reported one in every 43 homes, or 2.3 percent of the area’s households, had at least one foreclosure filing in the first quarter, which includes notices of default, auction notices and bank repossessions, RealtyTrac Inc. reported April 29. In addition, second only to Nevada, the entire state of Florida, is at 14.65 percent.  However, Florida is expected to experience the highest mortgage...

Coldwell Banker Ackley Realty Ranks First in Southern Region Sales Production

Kissimmee-based Coldwell Banker Ackley Realty is the top-ranked Coldwell Banker affiliate in both Florida and the Southern Region encompassing 14 states for 2009. Full Story

Coldwell Banker Ackley Realty - 3264 Greenwald Way Kissimmee, FL 34741 - (407) 846-4040