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Monthly Archives: June 2011

Just Listed: South Florida Law Blog Named AllTop’s “Best of the Best”

All the top headlines from popular topics around the web: that’s AllTop. And now the South Florida Law Blog is listed on this popular directory of top news sources. Fresh off the South Florida Sun-Sentinel Best of Blogs Awards, Oppenheim Law is proud to announce we are part of the feed to the AllTop Real Estate topic: http://real-estate.alltop.com/ What is […]

Second Mortgages Lead to Misery or Modification for Florida Homeowners

Nearly 40% of homeowners who took out a second mortgage are underwater on their loans, but the news surrounding second mortgages isn’t all doom and gloom for Floridians, says Florida foreclosure defense attorney Roy Oppenheim. Second mortgages refer to any loan taken out on a property that is subordinate to the first mortgage, and include home-equity loans or lines of […]

Hurricane Real Estate: High Inventory, Low Prices and the American Nightmare

Sat Jun 4, 2011 by on Florida Law News

Hurricane season just started, but Florida homeowners are already seeking shelter from a string of gloomy real estate headlines. The biggest story this week: Standard & Poor’s Case-Shiller U.S. National Home Price Index released new data indicating the real estate crisis is far from over. National housing prices have hit lows not seen since 2002, falling 4.2 percent in the […]

The Good, The Bad, The Ugly (Again): Miami Rebounds, Foreclosures Stall and Housing Prices Sink

The good: All we can say is, you never know! When the real estate market collapsed, Miami’s downtown epitomized the worst excesses of the building boom. Glittering new towers sat mostly vacant. Today Miami’s downtown real estate is booming and bustling with life and commerce thanks to foreign investors and renters. A report by the Miami Downtown Development Authority indicates […]

Florida Real Estate’s Mortal Enemy: Excess Inventories

What is killing Florida real estate? Excess inventories and falling home prices. House prices have been continuously falling for the first time in 70 years, and South Florida homeowners should expect the trend to continue. A surplus inventory of houses caused by Florida foreclosures and short sales is the mortal enemy of home prices. Lower prices are needed to sell […]