Since late last year, residential properties in South Florida ranging from $1 million plus to over $15 million have been selling at incredible pace. Single family sales doubled, with average sales prices increasing 20.1% from $2.55 million to $3.06 million, with all cash deals more than doubling. While high-end condo market sales are arguably outpacing single family home, the overall […]
Tag: real estate market
Why This Is The Best Time To Sell Or Refinance Description Zoom in at Noon with Roy Oppenheim: Factors emerging from the COVID-19 crisis impacting the residential real estate and mortgage markets. Same Time, Shorter Format June 23, 2020 12:00-12:30 PM in Eastern Time (US and Canada) REGISTER HERE Register by Tuesday June 23, 2020 12:00 PM. You’ll receive a […]
The Coronavirus pandemic has transformed residential real estate in ways that one may not have contemplated. As more and more people have the ability to work remotely, the concept of having to relocate for work has reduced. At the same time, for those who are able to work remotely may choose to work outside of major cities where the potential […]
Nearly half a year has gone by since Amazon’s new headquarters search was making headlines. However, though the e-commerce giant has yet to declare where its new home will be located, it is important to note that Amazon, along with other e-commerce companies, are shaping how we live. Real Estate Industry and Innovation Back in June, Amazon officially opened its […]
I have been involved with real estate for over three decades. Yet, this is the first time that I have noticed more and more real estate professionals involved with other gigs besides buying and selling real estate as Realtors. In fact, a number of Realtors that we have known for many years are driving for Uber and Lyft (a) to […]
Breaking News: Florida Supreme Court Rules on Bartram Regarding Statute of Limitations in Foreclosures
After much anticipation, the Florida Supreme Court has finally issued its written opinion in US Bank v. Bartram. The crux of this seminal case was whether the Banks after facing an involuntary dismissal of a prior foreclosure action are precluded from filing a subsequent foreclosure lawsuit more than five (5) years after the loan was accelerated. As you can imagine, […]
As a nation, we have seen firsthand the catastrophic effects of improper mortgage disclosures on the real estate market. While the recovery from the 2008 financial crisis has certainly been more of a marathon than a sprint, the new Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures (TRID) may bring recovery to a standstill.
How the sleeping giant EB-5 became a knight in shining armor Created by Congress in 1990, the Immigrant Investor Program, better known as the EB-5 Visa Program, allows foreign nationals to bypass long waits and obtain green cards in exchange for investing in U.S. job-creating ventures.