Coldwell Banker Ackley Realty

Orlando’s Economy top ranked in Florida

CBAR Admin — Fri, 21 May 2010 13:41:30 +0000

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

Mortgage rates drop

CBAR Admin — Fri, 21 May 2010 12:43:43 +0000

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

CBAR Admin — Thu, 20 May 2010 15:11:19 +0000

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.

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FHA to Reduce Closing Cost Assistance

CBAR Admin — Tue, 18 May 2010 17:57:50 +0000

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%.

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Florida’s mortgage delinquency rate on the rise.

CBAR Admin — Tue, 18 May 2010 13:05:12 +0000

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 delinquency rate by the end of the year, reaching as high as 18.2 percent, according to TransUnion.

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Coldwell Banker Ackley Realty Ranks First in Southern Region Sales Production

CBAR Admin — Mon, 17 May 2010 18:03:09 +0000

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.

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Bank Owned Foreclosure of the Week 2/24

CBAR Admin — Thu, 25 Feb 2010 14:45:21 +0000

Bank Owned, Available Now, NOT a Short Sale

Two Story, Built 2003, 2 Car Garage. 4 Bedroom, 2.5 Bath, Cul-de-Sac Location, 2332 Heated SF

Situated at the end of a low traffic cul.de.sac with pond view to rear. 4 bedroom, 2.5 bath two story features formal living and dining rooms with separate family room open to kitchen and informal dining space. All bedrooms are on the second level. Kitchen has work island. The garage has been partially finished and has a wall unit A/c + french doors opening to the back yard

Complete Details: http://bit.ly/9bIici

Open House Schedule –> http://bit.ly/d5IAcd

IRS Clarifies What’s Needed to Claim Homebuyer Tax Credit

CBAR Admin — Thu, 25 Feb 2010 14:09:09 +0000

Please be sure to check with your tax advisor, currently it appears you will need the following documents.

Form 5405

HUD-1 (Signatures according to area practice)

Repeat Buyers – Proof of living in prior property for 5-8 years

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New Construction Under 200k up 30%

CBAR Admin — Thu, 04 Feb 2010 16:14:57 +0000

New homes sales are traditionally down in December, more so this year with the third quarter push to meet the tax incentive deadline. However in 2009, the Orlando Metro area finished with new contruction under $200,000 up by 30%, even with other new home construction segments falling.

Looking at new construction? Coldwell Banker Ackley Realty has specialized New Home Buyer Associates that will assist you in negoticiating the best price available from the builder. Our professional service is free to the buyer, saving you time and money is our goal!

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Kissimmee Substation Upgrades

CBAR Admin — Thu, 04 Feb 2010 14:45:00 +0000

Founded in 1901, Kissimmee Utility Authority is Florida’s sixth-largest community-owned utility providing electric and telecommunication services to 62,000 customers in Central Florida.

The KUA board of directors just approved two contracts to for engineering services to upgrade two electric sunbstations.

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