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Category: Florida Real Estate

“A Retrospective From the Trenches of the Great Recession – 10 years later”

“A Retrospective From the Trenches of the Great Recession – 10 years later”

  Roy Oppenheim’s retrospection on the 10 Year Anniversary of the Great Recession Usually anniversaries tend to make us slow down and look back.  For us at Oppenheim Law, the anniversary of the start of the Great-Recession of 2008 has been an opportunity to look back, appreciate what we have learned and set new goals for years to come.  There […]

South Florida Foreclosures Spike 35%

South Florida Foreclosures Spike 35%

Florida is in the headlines once again. However, this time it’s not because of a hurricane or any other natural disaster. This time, Florida has made headlines for its high rate of foreclosures. According to a study report conducted by Attom Data Solutions, the foreclosure rates are the highest in Florida compared to the last few years. The rates are […]

South Florida: Cash Deals for Home Purchases under the Feds’ Microscope

Luxury Florida Real Estate Law

Government Scrutiny of Luxury Real Estate Back in 2016, the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) began cracking down on real estate transactions involving high-end properties purchased through shell companies out of concern about money laundering and illicit transactions. FinCEN subjected these type of transactions to governmental review, and came to require U.S. title insurance companies to identify the […]

Bank’s “You Snooze, You Lose” Approach Culminates in Oppenheim Law’s Victory in Foreclosure Appeal

Roy's Pup

The Oppenheim Law team recently secured an appellate victory for our clients in the matter of Wells Fargo Bank, National Association as Trustee v. Rafael Liy and Melany Liy, a foreclosure matter in Broward County. Our clients originally prevailed at the trial level when the court entered an order dismissing the foreclosure suit at trial. The bank appealed the dismissal […]

Current Housing Report: Demand Still Outpacing Supply

Wed Jun 27, 2018 by on Florida Real Estate

Florida Housing Market

May U.S. home sales and construction continued their trend higher as the housing market sustains its record-breaking growth. South Florida is no exception as home sales rose nearly 8% year-over-year in the tri-county region. While indicators point to a red-hot housing market, potential homebuyers struggle with the dwindling supply of homes and affordability. See a “For Sale” sign? Better Act […]

The Stock Market, Interest Rates, and Real Estate: A Dynamic Relationship

As we all know, real estate is affected by the stock market.  The stock market has been rallying, except for last week when the market had one of its worst weeks in several years.  In addition, bond prices fell, signaling the rise of interest rates. Economists have forecasted that the Fed will likely increase interest rates from three to four […]

Attn: Homeowners at the “Low-End” of the Market!

Thinking of Adding a Home to Your Holiday List? With the holiday season in full swing, many of us are spending money, and many may be seeking to purchase residential real estate, either due to relocation, downsizing, or a first purchase.  Whatever the reason, it’s no secret that there is a critical shortage of affordable homes on the market. Because […]