Posts tagged as:

Foreclosures in West Palm Beach County

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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Another Boost to Florida Real Estate

by Rodney Forbes on June 30, 2009

Starting July 1st, qualified first time home buyers will be able to use the federal tax credit of up to $8000 as part of their up front costs for buying a home. Until now the tax credit could only be received after the buyers had closed on the home, and then filed their taxes. This […]

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Falling Property Values Could Mean Tax Hikes

by Rodney Forbes on June 1, 2009

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 […]

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This is the daily south Florida market update. Today’s update is for West Palm Beach. Market activity has really picked up due to record low interest rates, home prices at 2003-2004 levels and the efforts by the federal and state governments to get first time home buyers to make the move. Short sales and distress, […]

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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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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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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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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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