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Tag: Miami

Roy's Top 10 Prognostications in Florida Real Estate

Sun Jan 12, 2014 by on Florida Law News

  Traditional migration, which slowed to a crawl and actually briefly reversed itself during the Great Recession, will pick up again, with Baby Boomers moving from up North to Florida. In fact, sometime in the next few months, Florida’s population will eclipse that of New York. I recall, back in 1987 when I arrived in Florida, that possibility seemed improbable. […]

The Real 'Miami Zombie' — David Stern!

Tue Jun 5, 2012 by on Florida Foreclosures

We’ve all heard by now of the unbelievably grizzly story out of Miami about Rudy Eugene, the man so off his gourd that he ate a man’s face off. Somewhere along the line this horrific attack became the source of comic fodder. Eugene’s been dubbed “The Miami Zombie,” and yes he even has a Twitter account. But I might argue […]

The Good, The Bad, The Ugly (Again): Miami Rebounds, Foreclosures Stall and Housing Prices Sink

The good: All we can say is, you never know! When the real estate market collapsed, Miami’s downtown epitomized the worst excesses of the building boom. Glittering new towers sat mostly vacant. Today Miami’s downtown real estate is booming and bustling with life and commerce thanks to foreign investors and renters. A report by the Miami Downtown Development Authority indicates […]

Florida Real Estate’s Mortal Enemy: Excess Inventories

What is killing Florida real estate? Excess inventories and falling home prices. House prices have been continuously falling for the first time in 70 years, and South Florida homeowners should expect the trend to continue. A surplus inventory of houses caused by Florida foreclosures and short sales is the mortal enemy of home prices. Lower prices are needed to sell […]

Oppenheim Says: Don’t Give up on Miami, the Heat is on!

Orlando’s got the Florida real estate Magic and Miami has the Heat! Reports are in that Miami and Orlando are dragging Florida out of recession, but for now only Orlando is performing above its economic weight class. The Miami Herald reported this week that while Orlando represents just 14 percent of Florida’s 7.2 million-person workforce, it accounts for 46 percent […]

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