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Tag: economy

Stimulus Round Two: New Covid Relief Bill & PPP-2

Mon Dec 28, 2020 by on Coronavirus

COVID EMERGENCY RELIEF FRAMEWORK

The Consolidated Appropriations Act, 2021 On December 27, 2020 President Trump signed into law the COVID-19 $900 billion relief bill, the Consolidated Appropriations Act, 2021, that Congress passed on December 21,2020. What does this new legislation do? This legislation adds $300.00 to extended weekly unemployment benefits and provides more than $300 billion in aid for small businesses. It also provides […]

Special Zoom At Noon: Post Election Analysis on Legal Issues, Economy & Real Estate

Fri Oct 30, 2020 by on Business & Florida Foreclosures

Dear Friends: I hope that you are well during these challenging times. As many of you know, from the beginning of the Coronavirus pandemic, our law firm and title company sponsored a free weekly webinar, Zoom at Noon, providing insight as to emerging legal and real estate issues due to COVID-19. For 30 consecutive weeks, until our first grandchild was […]

What will be the impact of a “K Shaped Economic Recovery” on Real Estate?

Thu Aug 20, 2020 by on Bankruptcy, Business & Coronavirus

What will be the impact of a “K Shaped Economic Recovery” on Real Estate?

What will be the impact of a “K Shaped Economic Recovery” on Real Estate? Topic What will be the impact of a “K Shaped Economic Recovery” on Real Estate? A K-shaped recovery highlights the divergent experiences of individuals with coronavirus, where white-collar workers are able to work from home, while essential workers have to report to a physical location. What […]

Is this a Once in a Lifetime Opportunity to Refinance Right Now?

Is this a Once in a Lifetime Opportunity to Refinance Right Now?

Mortgage rates have fallen to their lowest rates in modern U.S. history this past week due to the fears that the coronavirus is weakening the U.S. economy. Usually, lowering mortgage rates stimulates home sales.  However, with “breaking news” daily reporting a worsening coronavirus epidemic may ultimately lead to home buyers staying at home rather than actively going out to look […]

Historical Low Mortgage Rates Provide for Personal Elections

Wed Feb 19, 2020 by on Florida Real Estate & Real Estate

Mortgage rates at All Time low

As the election season starts, the United States is starting to wonder who will be able to lead and help this country the most. But little do they know that this person could be him/herself, and everyone else contributing to the record high multitrillion dollar personal debt. Breaking Records Bloomberg reported, quoting a report from the Fed, that household borrowing increased […]

The economy is up, foreclosures are down but re-foreclosures are also up

Tue Jun 10, 2014 by on Florida Law News

As the Florida real estate and general economy are improving, with average sales prices increasing, the number of foreclosures dropping and unemployment also increasing a funny thing happened as we continue through this recovery: re-foreclosures are up. Re-foreclosures you ask?  That’s right. A re-foreclosure is when the bank for whatever reason dismissed the first foreclosure or in some cases homeowners […]

Take My House

Wed Jul 17, 2013 by on Florida Law News

The following article was written by Roy Oppenheim, Esq. for the   South Florida Law Blog. The late comedian Henny Youngman was known for his rapid-fire, one-liners – and is probably best know for this one in particular: “Take my wife … please!” That’s also the line a lot of folks were saying at the height of the real estate crisis, except they replaced […]