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Category: Real Estate Law

Housing and The Economy: Are we already in a recession?

Housing Blog

The Housing Bubble A historical fact: The United States has had eleven recessions since World War II.  While pessimistic economic pundits are already forecasting that we are heading towards another recession, the true issue is whether housing ever truly recovered from the last recession of 2007-2009. Interesting, while the New York Times indicated that housing only accounts for three percent […]

Consult with a Civil Law Notary Before Heading to a Consulate, You May be Able to Avoid the Trip!

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Civil Law Notary Roy Oppenheim’s Discussion about Florida’s Civil Law Notaries. Since the recent appalling affair involving the Saudi consulate in Turkey, many have come to the realization that by personal choice they would prefer not to enter a consulate and rather have their business conducted outside in a private, less targeted, setting.  However, there is a generalized misconception that […]

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 – 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 […]

Election Paralysis on the Real Estate Housing Market

Thu Aug 30, 2018 by on News & Real Estate Law

Citizen with American Flag

Politics aside, voters and potential real estate residential home purchasers and sellers are concerned about how the upcoming midterm election and its outcome will affect them financially. With the election having the capacity to change the balance of power, this sense of uncertainty may make selling residential real estate more difficult and cause a delay on purchasing a home until […]

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 […]