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Tag: Real Estate News

Just Listed: South Florida Law Blog Named AllTop’s “Best of the Best”

All the top headlines from popular topics around the web: that’s AllTop. And now the South Florida Law Blog is listed on this popular directory of top news sources. Fresh off the South Florida Sun-Sentinel Best of Blogs Awards, Oppenheim Law is proud to announce we are part of the feed to the AllTop Real Estate topic: http://real-estate.alltop.com/ What is […]

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 […]

More Good News! Higher Real Estate Prices in Select South Florida Cities

Weston is Number One! Zip codes with good schools, high paying jobs are topping list. Some areas of South Florida are finally seeing the first steps of a tentative recovery. As reported by the Sun-Sentinel, ten zip codes in Broward and six in Palm Beach County are seeing higher home prices. 33327, in Weston, saw the largest price increase from […]

The Stunning Hypocrisy In Foreclosures: Scott Pelley Interviews Robo-Signers

In an eye-opening piece by 60 Minutes this week, Scott Pelley managed to actually interview robo-signers who had forged documents that allowed banks to foreclose on thousands of homes illegally. As we have discussed over the past few years, these document mills re-created the necessary documents that banks were too lazy to keep track of in the heyday of the […]

Oppenheim Week in Review: Foreclosures News, Views and Video Workshops Replay

Homeownership Reaches Record Lows According to new industry estimates, millions of houses on the verge of foreclosure could send homeownership to its lowest level since 1960. Long considered a cornerstone of the American dream, homeownership has been sliding since the housing bubble burst in 2006. New projections say the rate could plummet to about 62%, compared with 69.4% in 2004. […]