Tue Jan 7, 2020 by Oppenheim Law on Real Estate
Despite the ever-shrinking housing supply in the United States, about 21 million homes are expected to be vacated in the next 20 years. Why? Baby Boomers. As the Phrase Goes: Location, Location, Location Baby Boomers want to start selling their properties, but these homes are not in the preferred locations of the generations that are in the process of buying […]
Fri Dec 13, 2019 by Oppenheim Law on Banksters
Homes being bought by landlords and flippers now account for more than 11% of U.S. home sales, the highest on record. Meanwhile, Wall Street is now trading billions of dollars’ worth of bonds backed by rental payments. The Great Recession Revisited I recall a time when I was growing up in the Bronx, in a rent stabilized apartment, that the […]
Wed Dec 4, 2019 by Oppenheim Law on Florida Real Estate
The battle between the ever-shrinking housing supply in the United States against the rapidly increasing number of buyers has led to home prices rising. Adding this to the smaller land supply makes the already undesirable situation for those living in the country’s urban centers much worse. Affordability Is Still an Issue The JCHS State of the Nation’s Housing report shows […]
Sat Nov 23, 2019 by Oppenheim Law on Holiday Wishes
As has been the custom for more than a decade, I like to reflect at this time of year for all those intangible things for which I am truly thankful. To start off as we are a nation that to some may appear more divisive and apart than ever before I know that in my heart of hearts we are […]
Wed Nov 13, 2019 by Oppenheim Law on Florida Real Estate & Real Estate
Despite the recent interest rate cuts, U.S. home sales dropped more than expected in September. A new study sheds light on the typical American homeowner now staying in their home much longer and its considerable impact on the housing market. A Growing Problem: Low Supply, Higher Prices Redfin conducted the study and determined that the typical American homeowner has spent […]
Mon Oct 28, 2019 by Oppenheim Law on Real Estate
It’s no secret that there is an ongoing trend across the country of states allowing marijuana sales for both medicinal and recreational means. We now have data on how legal marijuana sales can affect home values in those states and cities that allow it compared to those that don’t. The results may surprise you! Marijuana may be Your New Friendly […]
Mon Oct 21, 2019 by Oppenheim Law on Real Estate
Over the past 20 years, the “traditional” first time homebuyer has changed dramatically. It was once that most Americans first married and then went onto buying the American Dream: their first home. What was then and now? Today, more people are delaying marriage and having children, and are facing greater financial barriers to homeownership and a tougher housing market than […]
Mon Oct 7, 2019 by Oppenheim Law on Florida Real Estate & Real Estate
Forever 21, the 35-year old trendy teen apparel and accessory global retailer, has filed for Chapter 11 bankruptcy protection, closing a third of its 534 U.S. stores. This could potentially make way for commercial offices, housing or even medical marijuana facilities (yes, brokers have had these inquiries). The retailer has stores in South Florida malls including Aventura, Sawgrass Mills, and […]
