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Tag: economy

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 […]

Roy Oppenheim from the Trenches: The State of Real Estate

Sun May 19, 2013 by on Florida Law News

South Florida real estate and foreclosure defense attorney Roy Oppenheim has been keeping his ear to the ground as the real estate market begins to heat up. In a recent article in U.S.A Today, Oppenheim was quoted as saying that lenders are pushing through foreclosures now because the values are up. Meantime, investors have been fueling the recovery, driving prices […]

Letters

Tue Apr 9, 2013 by on Florida Law News

The following Letter originally ran in The Florida Bar News and has been republished in the South Florida Law Blog with permission. Foreclosure Legislation We write as members of The Florida Bar and in some cases as members of the Real Property, Probate and Trust Law Section to express our deep concern with the section’s support of Senate Bill 1666 […]

Holder: Banks Too Big to Fail and Too Big to Jail

Mon Mar 11, 2013 by on Florida Law News

This article was written for The South Florida Law Blog by Roy Oppenheim. U.S. Attorney Eric Holder, the man charged with upholding the laws of this country, has finally recognized the elephant in the room. During a Senate Judiciary Committee meeting this week, Holder finally admitted what the rest of us have been saying for a long time: There are […]