Posts tagged as:

Real estate in Florida

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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Florida Real Estate: Back to the Future

by Rodney Forbes on May 2, 2009

James L Butkiewicz At the dawn of the 20th century, fewer than half of all households in the United States owned their own home. Fueled by rapid income growth during the 1920s, home ownership increased to 47.8% in 1930 from 46.5% in 1900 but then declined to 43.6% in 1940. An obstacle to homeownership at […]

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More biotech jobs moving to Palm Beach Gardens

by Rodney Forbes on May 1, 2009

The following article shows the benefits to the local economy of having the Scripps Florida facility. My guess is more biotech firms will continue to relocate to Palm Beach Gardens. This is great news for the county and the real estate market as well. Palm Beach Gardens is getting a new bioscience company that is […]

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Flash! First Time Home Buyers Get $8000 Today

by Rodney Forbes on April 30, 2009

The following article from the Wall Street Journal has me scratching my head. By now, most people know about the $8,000 first time home buyer tax credit (contact me to see if you may qualify). What shocked me is that evidently the IRS is allowing people to claim the tax credit, yes $8,000 in your […]

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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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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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Is it Time to Buy? Look at the Numbers

by Rodney Forbes on April 2, 2009

Up..Down. Buy..Sell. Good news..Bad news. Who can tell when is the right time to jump back in to the real estate market. First time home buyer, investor, retirees, foreign investors all have been waiting on the sidelines to get the “official” green light to move ahead. But that never comes. Down the road you’re only left with the quote over dinner “If I had only bought back in ______. (fill in the blank)

The best advice is to look at the numbers and indicators, read as much as you can and don’t listen to the doom and gloom news. That only sells papers. Come to your own conclusions because the numbers don’t lie.

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Crazy Jim Cramer says buy Florida real estate

by Rodney Forbes on April 1, 2009

Outspoke and sometimes controversial stock picking guru Jim Cramer compares the real estate market in Florida to the stock market and says the time is right to buy real estate in Florida. He forecasts Florida may lead the country in the real estate rebound. As a buyer specialist, especially in distressed property, I’ve been making […]

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