The South Florida residential real estate market has been hot for so long now that many people are probably expecting the other shoe to drop sooner rather than later. After all, with all of the residential development taking place throughout the local area prices will...
Month: July 2013
Foreclosure hits former Miami Dolphins player Daunte Culpepper
When a South Florida homeowner fails to make a mortgage payment on time, it can be a problem. And when a homeowner is faced with a situation where they are consistently making delinquent payments the problem can be magnified. But the worst case scenario is a...
Is the foreclosure rate a bad sign for South Florida real estate?
Many experts are saying that the recovery of South Florida's housing market is in full swing. Real estate transactions are taking place at a healthy pace - often in all cash deals - and home values are increasing month after month. But it appears that there is another...
Residential development in Miami Beach could suffer setback
Many of our South Florida readers are probably familiar with the fact that the federal government "grants" funds to individual states and cities for a million different reasons. For instance, each state gets federal funds for construction and repairs on the...
Planning to wait? Expect a big change in your mortgage plan
Buying property can seem like a risky proposition to many South Florida residents, especially when the national housing market is still in a state of flux as the slow but steady recovery continues. For many, the thought of signing a 30-year mortgage can be...