The News from Coldwell Banker Ackley...

Flood Insurance Vote Brings Relief to Florida

Thousands of property owners effected.
Posted by David Lopez, CBR on March 14, 2014 in  2014  Coldwell Banker Ackley Realty  Government  Home Prices  NAR  Orlando Sentinel  Real Estate
By William E. Gibson, Washington Bureau 7:51 p.m. EDT, March 13, 2014     WASHINGTON — To the relief of thousands of Florida homebuyers and property owners, a steep increase in flood insurance rates will be scaled back under legislation that cleared Congress on Thursday.   The U.S. Senate overwhelmingly passed a bill already approved by the House that creates a more gradual and affordable increase in premiums. The Senate vote was 72 to 22.   With Senate passage, the bill goes to Pre... read more

Sales of Existing U.S. Homes Rise More Than Forecast

Market Continues to Strengthen
Posted by David Lopez, CBR on June 20, 2013 in  2013  Economics  Government  Home Prices  Home Sales  Interest Rates  Listing Inventory  Market Statistics  Real Estate  Trends
By Jeanna Smialek & Lorraine Woellert - Jun 20, 2013 12:59 PM ET     Sales of previously owned homes in the U.S. climbed in May to the highest level in more than three years and manufacturing improved in June, bearing out the Federal Reserve’s view that risks to the expansion are abating.   Purchases of existing houses rose 4.2 percent to a 5.18 million annualized rate, the most since November 2009, the National Association of Realtors reported today in Washington. The Federal Reserve Ba... read more

Obama Calls For Expanded Refinancing.

Backers say bill would cut costs for homeowners, boost economy
Posted by David Lopez, CBR on February 13, 2013 in  Economics  Government  Mortgages  Real Estate  Real Estate Finance  Refinance
Obama Calls For Expanded Refinancing. Backers say bill would cut costs for homeowners, boost economy By Inman News, Wednesday, February 13, 2013.   President Barack Obama urged Congress last night in his State of the Union to pass a bill that would expand and streamline homeowners' ability to refinance at today's low rates.   "Today, our housing market is finally healing from the collapse of 2007. Home prices are rising at the fastest pace in six years, home purchases are up nearly 50 percen... read more


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