From the category archives:

Real Estate Market Updates

Is it Finally Time to Buy a Home in West Palm Beach FL?

by Rodney Forbes on November 15, 2010

Home prices in West Palm Beach Florida have been in a serious decline for several years. How long has it been since average prices were this low? Does it mean the time is finally right to buy a home, whether a foreclosure or short sale? Have we reached the bottom in Florida? The following chart […]

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Just when you thought the Florida foreclosure mess couldn’t take one more turn into the Twilight Zone, new information is released about the so called “robosigners” used by one of the largest foreclosures law firms in Florida. In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage servicing […]

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Bank of America Foreclosure Mess: The Death of Housing?

by Rodney Forbes on October 13, 2010

Bank of America and other lenders are under attack again for the foreclosure mess that has brought about a freeze on thousands of foreclosure cases around the country. Since all crises with suspected fraud or wrongdoing have to have a name with “gate” on the end of it, we’ll officially name this as “Robo-signer-gate” (you […]

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The uproar over the foreclosure freeze with Bank of America, GMAC and others has turned into a political hot potato. As some politicians are looking for more opportunity to bash banks and their mortgage processes, it seems important to find out what the foreclosure paperwork mess is all about. As the video above shows, many […]

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West Palm Beach Realtor Interviewed on WJNO Radio

by Rodney Forbes on October 11, 2010

Rodney WJNO interview Local radio personality Jim Edwards interviews West Palm Beach real estate broker Rodney Forbes about the current real estate market in Florida. Jim and Rodney discuss current issues such as the foreclosure freeze by major banks such as Bank of America and GMAC, unique features at Forbes Realty such as the Hassle […]

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Bank of America to Freeze Foreclosures in all 50 States

by Rodney Forbes on October 11, 2010

Following the announcement that Bank of America would join other major lenders in freezing foreclosure proceedings in certain states, including Florida, Bank of America now has decided to expand the freeze to all 50 states. BofA is using this time to review foreclosure documents on thousands of cases that have recently come under criticism of […]

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Over the last decade several states, including Florida, have been the center of the real estate boom…and bust. Short sales and bank owned foreclosures dominate the news in south Florida real estate. How did we get here? Where are we going from here? In this video clip from The Daily Show, Harvard law professor Elizabeth […]

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Just when you thought the real estate market in the West Palm Beach area has turned the corner the FHA sets new tougher loan guidelines for borrowers. With the First Time Home Buyer Program set to expire this year and interest rates sure to increase in the future, the time to buy is now if […]

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Beware of Mortgage Rate Hike Early Next Year

by Rodney Forbes on December 17, 2009

If you’ve been thinking of taking advantage of low real real estate prices, Home Buyer Tax Credits and low mortgage rates, you may want to make a move. Lock in low 30 year mortgage rates while you can. The following excerpt from The Mortgage Reports indicates mortgage rates may be ready to rise soon. Since […]

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Help for West Palm Beach Homeowners in Distress

by Rodney Forbes on December 7, 2009

The following video from Diana Olick at CNBC’s Realty Check has some positive news for Palm Beach County homeowners in distress. If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated […]

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