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Category: Florida Real Estate

Real Estate and the Economy: Turbulent Waters

Real Estate & the Economy Turbulent Waters ahead

The US real estate market is slowing down.   Higher interest rates at 4.75% are dragging real estate sales, as first time home buyers and real estate investors alike are not purchasing at a rate that would stimulate an otherwise seemingly solid economy. Perhaps most telling is that those real estate investors who “fix-and-flip” real estate are sitting on the sidelines […]

“A Retrospective From the Trenches of the Great Recession- What remains the same ten years later”

Zillow’s Home Value Index since 2009

Roy Oppenheim’s retrospection on the 10 year Anniversary of the Great Recession. Part two: The unchanged. I started a series of retrospective posts and videos to reflect upon the tenth-year anniversary of the Great Recession. The first post addressed the consequences of the economic collapse. This post discusses what remains the same after it, and in the next, and last […]

What Has Changed & What Hasn’t Changed During the 10-year Great Recession Anniversary

10 year great recession

  Roy Oppenheim Shares What Has Changed & What Hasn’t Changed During the 10-year Great Recession Anniversary Hi, Roy Oppenheim here, real estate attorney, foreclosure defense attorney, and legal blogger for the South Florida Law blog. Folks have been asking me recently what my thoughts are about the 10-year anniversary of the Great Recession and the foreclosure crisis. And I’ve […]

“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 […]