Posts tagged as:

Buying foreclosures

West Palm Beach Area Foreclosures to Increase

by Rodney Forbes on November 24, 2010

Bank foreclosure/REO property inventories are expected to increase in the West Palm Beach Florida area over the next 24 months. By how much nobody knows. However, according to the National Association of Realtors, as many as 4 million foreclosed homes may come on the market nationwide in the next 2 years. A normal year of […]

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Rodney Forbes, registered broker with Forbes Realty of South Florida, headquartered in West Palm Beach, has been featured on a national foreclosure/REO teleconference as a leading foreclosure/REO real estate agent in the south Florida market. The conference was sponsored by Tim and Julie Harris of Harris Real Estate University, one of the largest online real […]

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Jim Cramer Still Bullish on Florida Real Estate

by Rodney Forbes on July 6, 2009

Acouple of months ago I wrote an article that featured an interview with financial analyst and TV personality Jim Cramer. In the interview Jim firmly believed Florida to be recovering from the housing crisis, and could be one of the best places to buy real estate. At the time I think I was the only […]

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Florida as a Tax Haven?

by Rodney Forbes on April 13, 2009

This is a great interview of Donald Trump that gives further credibility to low or no income tax states like Florida. As certain state governments continue to increase taxes on the wealthy they will keep moving to states like Florida that have no state income tax. Both Donald Trump and Rush Limbaugh have homes in […]

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Real Estate Market Update West Palm Beach FL

by Rodney Forbes on April 11, 2009

Rodney Forbes with Forbes Realty of South Florida discusses the real estate market conditions in West Palm Beach Florida for the week of April 6, 2009. Of the pending sales, 60% are short sales and bank owned properties. Buyers are responding to low interest rates, prices that are below 2004 levels and government stimulus efforts […]

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The following excerpt is courtesy of Inman News Wells Fargo & Co. reported “exceptionally strong mortgage banking results” Thursday, saying it originated more more than 450,000 loans totalling upward of $100 billion during the first quarter. The strength in mortgage lending helped Wells Fargo boost projected net income for the quarter to a record $3 […]

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5 Secrets to Buying a Foreclosure in West Palm Beach

by Rodney Forbes on April 5, 2009

Article by Rodney Forbes So you’ve been reading the news about housing recovery, government tax credits and record low interest rates. Or maybe you’ve gone to a real estate seminar or taken a course on buying foreclosures and bank REO’s. Buying a bank owned property can be a great way to buy a home well […]

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Mortgage rates in West Palm Beach Florida Down Again

by Rodney Forbes on April 5, 2009

The government is continuing to push the recovery through real estate. The impact of low interest rates, first time home buyer tax credits and affordable prices, more people are making the move to buy. Any recovery in the economy will be started by a positive move in the real estate markets. Rates on prime mortgages […]

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South Florida Home Sales Up….Foreclosures Down

by Rodney Forbes on April 2, 2009

On Monday, we learned that more homes were selling, albeit at a lower price. Now, a new report finds that the number of foreclosure filings in Miami-Dade, Broward and Palm Beach counties increased less than 1 percent in February, year-over-year, according to Default Research, a provider of preforeclosure listings. The total number of foreclosure notifications […]

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