Sat Jun 18, 2011 by Oppenheim Law on Florida Law News
Roy Oppenheim in USA Today Roy Oppenheim talked to USA Today in an article published this week on free falling home prices. It seems the real estate situation in Las Vegas is even worse than South Florida: two out of every three Las Vegas homeowners are upside down on their mortgage. “I looked at our expenses like a corporation looks […]
Thu Jun 16, 2011 by Oppenheim Law on Florida Law News
Florida Real Estate Goes From Bad to Worse… Securitized Trusts Face Scrutiny and Housing Crisis Now Worse Than the Great Depression Questions Roy Oppenheim. From Bad… Florida real estate is not alone. Serious questions are being raised about the validity and legality of mortgage backed securities, the negotiable instruments at the center of our country’s mortgage boom and subsequent bust. […]
Tue Jun 14, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Foreclosure Fraud, Loan Modification & Roy Oppenheim
‘Hope’ stands as a fleeting memory for most Americans as unemployment stagnates, housing prices fall and economic growth looms as a lofty promise unfulfilled. And as we get closer to the 2012 Presidential Election, it’s becoming clear that the ideological political landscape that dominated the 2008 election cycle will be eclipsed by a menacing elephant in the room: the economy. […]
Sat Jun 11, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Foreclosure Defense, Loan Modification, Roy Oppenheim & Short Sales
Mortgage Rates Set Fresh 2011 Low After Jobs Report Fixed rate home mortgage loans dropped for the eighth straight week to a new low for 2011 amid concerns of another economic slowdown this year, according to data from Freddie Mac and a report by The Wall Street Journal. The 30-year fixed-rate mortgage averaged 4.49%, down from 4.55% last week and […]
Fri Jun 10, 2011 by Oppenheim Law on Florida Law News, Foreclosure Defense & Roy Oppenheim
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 […]
Wed Jun 8, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Florida Short Sales, Foreclosure Defense, Roy Oppenheim, Short Sales & Strategic Default
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 […]
Sat Jun 4, 2011 by Oppenheim Law 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 […]
Wed Jun 1, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Florida Real Estate, Foreclosure Defense, Foreclosure Fraud & Roy Oppenheim
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 […]
