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June 2012 Archives

Foreclosures up in May -- real estate market problems persist

Unfortunately, the bad news concerning the national housing market continues to flow, as the numbers for the month of May indicate that there was a 9 percent increase in the amount of foreclosure filings from just a month ago.

Can HARP revisions benefit South Florida residents?

Many of our readers in South Florida may be familiar with the government program known as the Home Affordable Refinance Program, or HARP. Under this program, which began in 2009, people who owe more on their homes than the homes are worth can refinance the associated mortgages through a more streamlined, efficient process.

Compared to the rest of the nation, Broward County looks great

Any of our readers who are familiar with our previous posts probably know that South Florida -- and in particular Broward County -- is an area of the country that is currently an exception among other downtrodden real estate markets. While statistics for the housing market nationwide continue to show stagnation, most of the figures pertaining to the South Florida housing market are showing a relatively robust rebound.

Canadians own 3 percent of homes in Broward County

Our South Florida readers have probably seen previous posts here referencing the widespread interest in Broward County real estate among international buyers. Our area is ideal for almost any kind of lifestyle, and international interest comes from the chance to snatch up desirable Florida property at what have been depressed prices in recent years.