From the monthly archives:
With the real estate market in south Florida still trying to recover, so much attention has been given to the $8000 First Time Home Buyer Tax Credit. It certainly has helped with getting many buyers off the fence to take advantage of affordable home prices and low interest rates.
So much attention has been given to [...]
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As real estate values have dropped over the last couple of years, drastically in some places, thousands of home owners have found themselves either upside down on their mortgage, unable to afford their payments, or both.
The topic of short sales and foreclosures seem to dominate the headlines everywhere. There has been a lot written about [...]
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Until now most people considered the problem with foreclosures and short sales to be limited to certain areas and mostly “sub-prime” loans. With layoffs and bankruptcy in big companies like the auto industry, the mortgage problem is spreading to (up ’till now) safe borrowers.
The mortgage crisis is spreading and hitting new heights: Borrowers with good [...]
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Just when you thought it was difficult enough to deal with falling real estate property values for the last couple of years, now the local governments are having to figure what to do about the fall in tax revenues from property taxes.
Palm Beach County’s property values plummeted about 13.5 percent this year, creating a tighter [...]
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