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Category: Florida Real Estate

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

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

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

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 […]

Sci Fi Meets Real Estate: Robots Become Service Providers in Managing Properties

A recent property management report released in Forbes illustrates the use of robots providing guided home-showings online, aiding property managers by providing potential tenants with a quick and easy way to view real estate properties. As though we were watching an episode of The Jetsons, robots are now offering guided tours online. Once given access, pre-qualified tenants are able to […]

Facebook Emerges in the Real Estate Game

Thu Nov 30, 2017 by on Florida Real Estate

What Will Facebook’s Real Estate Marketplace Mean for Realtors and Agencies? The social media empire with billions of followers is expanding. Though Facebook is known for connecting family and friends, the tech giant is broadening its horizons into the field of real estate. Renters, owners, and landlords will now be able to connect in a much simpler way through the […]