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by Rodney Forbes on April 14, 2009
Embedded video from CNN Video This video is a great example of what bargains are out there for home buyers, especially first time home buyers. Foreclosures and short sales make up the majority of pending home sales in the Palm Beach Gardens and the Palm Beach County area. I bought my first home in the [...]
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by Rodney Forbes on April 14, 2009
First time home buyers Katherine and Haas weren’t sure if they could qualify for their first home. They certainly weren’t ready to get an almost new home for 50% of what it sold for 3 years ago. The 4 bedroom 3 bath bank owned property in Port St. Lucie sold in 2006 for $292,000. Katherine [...]
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by Rodney Forbes on April 14, 2009
Rodney Forbes with Forbes Realty of South Florida discusses the real estate market conditions in Palm Beach Gardens Florida for the week of April 6, 2009. Of the pending sales, over 50% are short sales and bank owned properties. Buyers are responding to low interest rates, prices that are below 2004 levels and government stimulus [...]
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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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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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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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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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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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