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Monthly Archives: May 2013

South Florida falls to third in national foreclosure rankings

Mon May 13, 2013 by on Florida Law News

Written By Paul Owers, Sun Sentinel 5:37 a.m. EDT, May 9, 2013 and republished in The South Florida Law Blog with excerpts from Roy Oppenheim. South Florida has relinquished its ranking as the nation’s top spot for foreclosures. After posting the No. 1 foreclosure rate for two consecutive months, the metro area covering Palm Beach, Broward and Miami-Dade counties fell […]

Foreclosure activity reaches 6-year low

Fri May 10, 2013 by on Florida Law News

Written By Julie Schmit, USA TODAY 12:01 a.m. EDT May 9, 2013 and republished in The South Florida Law Blog with excerpts from Roy Oppenheim. Foreclosure activity in April fell to its lowest level in 74 months, but action is ramping up in some states, says a national foreclosure tracker. In April, one of every 905 U.S. housing units received […]

Florida lawmakers push foreclosure bill through

Wed May 8, 2013 by on Florida Law News

The original article was written by Paola Iuspa-Abbott, Daily Business Review, May 8, 2013 with quotes from Roy Oppenheim republished in part with minor edits in the South Florida Law Blog. A foreclosure bill (House Bill 87) that’s awaiting the governor’s signature passed in the Florida Legislature in the last days of the session. Opponents argued the legislation was all […]

Senate passes bill speeding up foreclosure process

Tue May 7, 2013 by on Florida Law News

The original article was written by Adolfo Pesquera, Daily Business Review, May 6, 2013 with quotes from Roy Oppenheim republished in part in the South Florida Law Blog. The Florida Senate sent a mortgage foreclosure bill to the governor Friday with a goal of accelerating foreclosures. The Senate version was tabled Thursday in favor of Florida House Bill 87, which […]

Investors Fuel Home Buying Frenzy, Driving Prices Higher

Wed May 1, 2013 by on Florida Law News

The investors are coming. The investors are coming. Well, actually, they’re already here. But, unlike in the movie “The Russians are Coming” the investors are quite organized and helping to fuel the housing recovery. They have been sucking up inventory like blood-thirsty mosquitoes. Considering that investors and flippers were partly to blame for the housing bubble of the last decade, […]

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