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 […]
Recently, Roy Oppenheim was featured in the Daily Business Review for our firm’s strong history in representing homeowners in foreclosure. In 2008, borrowers had very limited or viable options, and real estate attorneys were leery about taking on cases from borrowers who couldn’t pay their loans or their attorneys’ fees. However, that did not stop us.
The following article was written in the Daily Business Review by Adolfo Pesquera with excerpts by Roy Oppenheim have been republished in the South Florida Law Blog. Florida still has the highest percent of residential foreclosures, but an improving economy and years of aggressive court action have made it possible to say 2014 may be the last year of the recession […]
Roy Oppenheim’s, commentary was originally published on Yahoo Homes! and is being redistributed on South Florida Law Blog with their permission Yahoo! Contributor Network . Jun 17, 2013 “Share your voice on Yahoo! websites.” COMMENTARY |Although the real estate market is beginning to make a comeback, the mess left behind from the economic recession will undoubtedly take much longer to […]
My son just finished US history AP as did many high schoolers around the country. We discussed how many years it takes to know if a certain event is historical. The answer is usually around five. For example history textbooks now cover September 11th and Obama’s historic election. The Great Recession, however, that started before the Obama Presidency is still […]
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 […]