Posts Tagged ‘haiti’

Subject: Will Haiti’s Horror Impact South Florida Real Estate?

Friday, January 29th, 2010

Good Question! Let’s explore the possibilities.

Real Estate Black Swan Arrives: Free Legal Foreclosure Workshop February 4

The attorneys at Oppenheim Law point to the crisis in Haiti as a “black swan event,” an occasion no one could have foreseen with drastic effects on the South Florida real estate landscape.

Join Oppenheim Law at the next free legal real estate workshop on February 4, as Roy Oppenheim explains how the tragedy in Haiti will affect South Florida foreclosure. The workshop will also provide insider tips for buying and selling Florida real estate in this turbulent market and explain how to avoid deficiency judgments at all costs through South Florida short sales and other Florida foreclosure defense strategies.

BlackSwanWhat: The Black Swan is Here: Free Real Estate Workshop

When: Thursday, February 4, 2010 – 6:00 to 7:00 PM

Who: Real estate professionals and homeowners facing foreclosure, buyers, and sellers

Where: 2500 Weston Road, Suite 404, Weston, FL 33331

Cost: Free with advanced registration

RSVP: To register email roy@oplaw.net or call 954.384.6114

For more information visit the Oppenheim Law News Room to access all of the event’s details. Please feel free to leave a comment if you have any questions or suggestions for the workshop.

Oppenheim Law looks forward to seeing you all on February 4th.

Black Swan Haitian Crisis Will Likely Change South Florida Real Estate and Foreclosure

Thursday, January 14th, 2010

Haitian Crisis Will Likely Change Real Estate Market in South Florida

Haitian's using tents as their homes are destroyed.

At my most recent seminar last week I discussed the possibility of a Black Swan event occurring that would literally change the complexion of the South Florida real estate market. A Black Swan event is something that just can’t be anticipated. At that moment I gave as an example the possibility of tens of thousands of folks from Venezuela fleeing to South Florida from Chavez’s new economic restrictions.

Now it is already anticipated that Haitian refugees will likely be arriving in South Florida over the next several months and likely years. They will need to be housed and be fully integrated into the community.

Further I had discussed that as a nation and as a community, we are blessed with a housing stock or what I call our “Ark”. That Ark of excess vacant housing can now be deployed with the assistance of FEMA and HUD and other governmental programs to help our struggling island neighbors.

Thus, once again not even the best economists could have anticipated the economic impact both good and bad that such an unthinkable crisis can have to a community. I do hope that with so many vacant homes and condos now in South Florida, and many still owned by the Banks, that we will be able to utilize this housing reserve.


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