Congress Rolls Back Flood Insurance Rate Hikes
Tuesday, 18 March 2014
Your flood insurance premiums won’t rise more than 18 percent a year under a flood insurance bill passed by Congress and on its way to President Obama. Premiums for homes located in one of the nine flood risk categories insured by the National Flood Insurance Program can rise no more than 15 percent in a
Tampa Bay ranks among most affordable metro areas
Monday, 17 March 2014
Tampa Bay landed at No. 18 on the new Forbes list of the most affordable large U.S. metro areas. About 77.5 percent of homes are affordable to families earning Tampa Bay’s median income. Forbes says the three most affordable metro areas are Buffalo, Memphis and Cincinnati Ohio. The least affordable metro areas: New York City
Flood Insurance Bill Wins U.S. House Passage
Friday, 07 March 2014
By Thomas Ferraro The U.S. House of Representatives, in a rare act of bipartisanship, overwhelmingly passed a bill on Tuesday to protect millions of American homeowners and businesses from dramatic increases in their flood insurance premiums. On a vote of 306-91, the Republican-led House sent the measure – the Homeowners Flood Insurance Affordability Act of
2014 Coldwell Banker TV Ad: Home Sweet Home
Friday, 07 February 2014
U.S. Senate approves delay in flood insurance rate hikes
Thursday, 30 January 2014
With flood insurance rates — and homeowner outrage — continuing to rise in Florida, Louisiana and other states, the Senate on Thursday passed a bill that would block parts of a law that forced the increases. The 67 to 32 vote represented a triumph of bipartisanship from a diverse coalition of states, and advocates expressed
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Florida Home Sale Prices up 11.4%
Friday, 24 January 2014
Florida’s housing market reported higher median prices, more new listings, fewer days on the market and the continued stabilization of inventory in December, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 19,497 last month, up 8.6 percent over the December 2012 figure. “Florida’s housing market continues
Deal In Works to Delay Flood Insurance Premium Hikes
Monday, 28 October 2013
Key House and Senate members have reached a bipartisan deal to delay changes to the federal flood insurance program that are raising premiums for many homeowners. The bill would require regulators to address affordability of the coverage before implementing rate hikes. Rep. Maxine Waters, D-Calif., ranking member of the House Financial Services Committee, announced the
Up For Air: Big Decline In Underwater Mortgages
Friday, 25 October 2013
Oct 24, 2013 | By: Brian O’Connell The home mortgage market received some good news recently with reports that underwater mortgages have been drying up fast, putting the U.S. housing market on firmer, higher ground. According to CoreLogic, 2.5 million U.S. home properties in the second quarter of 2013 emerged from being in negative equity