Mon Apr 4, 2022 by Oppenheim Law on Real Estate
Various economists are predicting that the home price growth will slow down. If this does not happen, home purchase prices will go further out of reach for homebuyers that the housing market overall will overheat. Already there is far more demand than supply, and far less affordable homes in reach of potential purchasers. While most of these economists prefer the […]
Tue Aug 17, 2021 by Oppenheim Law on Real Estate
Forecasters predict that we are on our way to a housing bubble reminiscent of 2008…but for different reasons. While the pandemic created a housing boom, with an increased demand in homes, resulting in shortages and bidding wars. Yet, this pandemic-era market is markedly different from the late 2000s housing frenzy. Then, the frenzy was due to questionable lending practices and […]
Fri Mar 1, 2019 by Oppenheim Law on Great Recession, Real Estate Law & South Florida Law Blog News
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 […]
Mon Aug 26, 2013 by Oppenheim Law on Florida Law News
The following editorial was originally published in The Palm Beach Post and written by Rhonda Swan for The Post Editorial Board and republished with excerpts by Roy Oppenheim, Oppenheim Law for the South Florida Law Blog. If Floridians continue to get free houses because of the state’s five-year statute of limitation on debt collection, it could be the kick in the pants lenders need to expedite the more […]
Mon Aug 26, 2013 by Oppenheim Law on Florida Law News
The following article was written by Kimberly Miller – Palm Beach Post and republished with excerpts by Roy Oppenheim, Oppenheim Law on behalf of the South Florida Law Blog. WEST PALM BEACH — Florida homeowners received more than $9.2 billion in home loan help through the historic National Mortgage Settlement negotiated last year, exceeding expectations by $800 million, according to a final progress report released […]
Fri May 31, 2013 by Oppenheim Law on Florida Law News
The following publication was written by Roy Oppenheim, Oppenheim Law for the South Florida Law Blog. Last week, I attended “A View from the Bench,” a semiannual rite sponsored for the past several years by The Daily Business Review. For the past few years, the topic has been one that is near and dear to my heart: Foreclosures. The nice […]
Tue Oct 25, 2011 by Oppenheim Law on Florida Foreclosures, Florida Law News, Foreclosure Defense & Foreclosure Fraud
Deconstructing the Black Magic of Securitized Trusts by Roy D. Oppenheim and Jacquelyn K. Trask-Rahn gives an in-depth analysis of the process of securitizing mortgages and how it has gone awry. The article begins with a focus on the rise of subprime lending, the impact that subprime loans, such as “interest-only” and “negative amortization,” had on the American Dream of […]
