http://www.coldwellbankerackley.com Central Florida Real Estate including REO, Short Sales, Foreclosures, Corporate Relocationa & Commercial Properties. Fri, 21 May 2010 13:41:30 +0000 http://backend.userland.com/rss092 en Moving up one spot from last year, 28th to 27th using 23 different economic factors, Orlando is tops in Florida.  Full Story http://www.coldwellbankerackley.com/blog/orlandos-economy-top-ranked-in-florida 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. http://www.coldwellbankerackley.com/real-estate-news/mortgage-rates-drop 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 http://www.coldwellbankerackley.com/real-estate-news/orlando-market-might-be-bottoming-out 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 http://www.coldwellbankerackley.com/real-estate-news/fha-to-reduce-closing-cost-assistance 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 ... http://www.coldwellbankerackley.com/blog/floridas-mortgage-delinquency-rate-on-the-rise 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 http://www.coldwellbankerackley.com/our-news/coldwell-banker-ackley-realty-ranks-first-in-southern-region-sales-production 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 ... http://www.coldwellbankerackley.com/our-news/bank-owned-foreclosure-of-the-week-224 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 Full Story http://www.coldwellbankerackley.com/real-estate-news/i 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?  ... http://www.coldwellbankerackley.com/real-estate-news/1072 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. Full Article http://www.coldwellbankerackley.com/home-buying/kissimmee-substation-upgrades