Posts tagged as:

Foreclosure realtor real estate agent

Short Sale Myths and Facts…Part 2

by Rodney Forbes on July 1, 2009

The topic of short sales and foreclosures seem to dominate the headlines everywhere. There has been a lot written about short sales and whether you should or shouldn’t short sale your home if you’re in this situation. This has led to many misconceptions about short selling your home. This series is about the myths regarding […]

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Pending Home Sales Continue to Increase

by Rodney Forbes on May 21, 2009

This video from the National Association of Realtors highlights the continuing increase in pending sales for the US. In the real estate industry this index is seen as a leading index of the market to come WARNING: Videos with economists are not full of special effects and sexual content! But they are informative. Just get […]

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Beware of Foreclosure Assistance Letters

by Rodney Forbes on May 6, 2009

This video presents the worst case scenario for homeowners in distress. They fall behind on payments and become victims of “foreclosure rescue” rip off artists. Hopefully things will work out alright for this couple. It stands as a lesson for others in the same situation. If you or someone you know is in this situation, […]

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Home Short Sale Consequences…and Relief

by Rodney Forbes on April 30, 2009

Short sales in real estate today make up about 30-40% of home sales in south Florida. Everyone hears about them, but not too many people know the potential tax consequences of the short sale itself. The following article gives some good examples of the potential tax consequences of selling your home using a short sale. […]

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Worst is over for real estate?

by Rodney Forbes on April 30, 2009

After deteriorating relentlessly for nearly three years, the much-watched S&P/Case-Shiller Index showed a brief glimmer that plummeting home prices are at least slowing their fall. Prices are still plunging: Home prices in 20 major cities across the country have fallen 18.6% between February of this year and last, according to the index released Tuesday. That […]

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Slowing recession good for real estate market

by Rodney Forbes on April 30, 2009

The Federal Reserve on Wednesday said it see signs the recession may be easing, but warned that the economy is likely to remain weak. Against that backdrop, Fed Chairman Ben Bernanke and his colleagues left a key interest rate at a record low of between zero and 0.25 percent, and decided against taking any new […]

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Clark Howard Buying = Real Estate Market Bottom!

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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First Time Buyers Get Home at 50% Discount

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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Palm Beach Gardens Florida Market Report April 6, 2009

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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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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