Last week, we touched on some contradictory trends that characterized South Florida real estate in 2011. For many Broward County residents who are seeking to close on a real estate transaction, the statistics reported by the Miami Board of Realtors might be a bit...
Year: 2011
South Florida real estate characterized by contradictions in 2011
According to a recent sales report by the Miami Association of Realtors, 2011 has been characterized by contradictory trends in South Florida real estate. For example, shrinking inventory and high sales numbers -- two trends that usually result in price appreciation...
Residential and commercial real estate still lagging in Southeast
Most of those who work in commercial real estate in Florida already know the state has seen a dramatic shift downward over the last several years. That fact was recently made clearer, as Federal Reserve Bank of Atlanta President Dennis Lockhart suggested that the...
South Florida real estate market rebounds, but foreclosures linger
A foreclosure is one of the most intimidating things that a Fort Lauderdale resident can go through. Millions of Americans have gone through foreclosure since the economic downturn in 2008, and many Broward County residents continue to face foreclosure every day....
Mortgage industry touts its helping homeowners
Florida has been hit hard by the housing crisis, as many families continue to struggle to meet their mortgage commitments. Since the nation's mortgage problems are now an undeniable fact, a number of financial companies have made special efforts to work with mortgage...
Mortgage issues bring nationwide homeownership to 13-year low
Like many other states, Florida has been hit hard by the housing crisis. On a national level, homeownership in the United States, with respect to the third quarter of 2011, is at its second-lowest level in 13 years. As homeowners find it increasingly difficult to make...
Surprising mortgage study details Florida real estate woes
Most Florida residents already understand that the state is in the midst of a foreclosure crisis. What they may not understand is just how bad the situation really is state-wide. A report put out by LPS Applied Analytics suggests that the mortgage foreclosure...
Real estate appeals may rise after new tax bills arrive
A property tax firm in north central Florida says that a surprise on upcoming tax bills may be of serious concern to many Florida residents. The firm indicates that an "unintended consequence" of the Save Our Homes Amendment (passed in 1992) is to blame. People are...
Residential property values at issue in Brevard County
Florida residents looking to close on a real estate sale may be interested in a property assessment controversy unfolding in Brevard County. In Florida, real estate tax is based on assessed value, so that value plays an important part in determining the annual amount...
Welcome to our South Florida Real Estate Law Blog
We established this blog to share stories and information about topics relevant to our practice. Our intent is to highlight local stories, as well as national subject matter, that we think you will find interesting. We will regularly update this blog and encourage you...