Law Office of Kimberly A. Abrams & Associates, P.A.
954-985-9715

Posts tagged "Real Estate Transactions"

14-year-old seizes real estate opportunity in Florida

Florida real estate investors looking for a lesson in purchasing strategy will be interested to hear of a 14-year-old girl who snatched up a 679-square-foot home in Port Charlotte for $12,000.

Florida positioned to lead real estate market rebound

In an earlier post, we noted the encouraging trend of new development in South Florida. Since then, there have been more signs that the national residential real estate market is improving, and it appears Florida is poised to lead the rebound.

South Florida residents fight for real estate deposits

Another South Florida condo-hotel is scheduled for sale on March 14 at a foreclosure auction in Fort Lauderdale. The sale of the property was ordered by the Broward County Circuit Court as part of a foreclosure judgment filed against the developer by the loan holder. The property was once linked to the famous real estate tycoon Donald Trump.

New development in South Florida

South Florida's residential real estate market seems to be getting more appealing to developers as 22 new projects totaling 4,400 units start to get underway. This does not mean that all of the state's housing troubles are in the past, but it is certainly a very positive turn of events, one that South Florida will likely carry forward well into the future.

More price predictions for Broward County real estate

Over the last few weeks, we've discussed prospective real estate prices in South Florida for 2012 and 2013. While no-one can know for sure what the future holds, paying attention to a wide range of perspectives can help buyers and sellers make informed decisions when it comes to closing on a real estate transaction.

Bank of America settlement: Florida minorities to receive payment

According to a recent decision involving mortgage lender Countrywide (now owned by Bank of America since 2008), over 200,000 African-American and Hispanic loan borrowers could receive between $500 to thousands of dollars in remuneration. A payment of $335 million is meant to settle charges of discrimination stemming from Florida's housing boom. Bank of America will make payments to borrowers nationwide, and thousands of people in South Florida are expected to receive compensation. It is likely that the lender's unfair practices against communities of color led to many needless foreclosures.

Various views on South Florida real estate in 2012

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 baffling. What, then, can Florida residents expect regarding real estate transactions in 2012?

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 -- occurred alongside low prices due to the market looking ahead to another wave of foreclosures.

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 economy in the Southeastern United States is lagging behind the overall U.S. recovery because of the region's more severe real estate slump. The slump includes both residential and commercial real estate.

Schedule A Consultation With An Attorney

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close
Email Us For A Response
  • LOCATION

    Law Office of Kimberly A. Abrams & Associates, P.A.
    2699 Stirling Road, Suite A105
    Fort Lauderdale, FL 33312

    Phone: (954) 985-9715
    Fax: (954) 985-9745
    Map & Directions

Read Our Reviews on Google See Our Reviews on Facebook