by Rodney Forbes on June 29, 2009
With the real estate market in south Florida still trying to recover, so much attention has been given to the $8000 First Time Home Buyer Tax Credit. It certainly has helped with getting many buyers off the fence to take advantage of affordable home prices and low interest rates. So much attention has been given [...]
by Rodney Forbes on June 2, 2009
Until now most people considered the problem with foreclosures and short sales to be limited to certain areas and mostly “sub-prime” loans. With layoffs and bankruptcy in big companies like the auto industry, the mortgage problem is spreading to (up ’till now) safe borrowers. The mortgage crisis is spreading and hitting new heights: Borrowers with [...]
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 [...]
by Rodney Forbes on May 8, 2009
The popular First Time Home Buyer Tax Credit of 2009 has a slightly interesting twist that most people don’t know about. Even though the credit is for homes purchased by December 1, 2009, the tax credit can be claimed on your 2008 tax return! This is a great incentive for those still sitting on the [...]
by Rodney Forbes on May 7, 2009
Good video about the benefits of using home staging to get a home sold faster. You can either hire the professional home stager or read up on home staging tips if you want to do it yourself. If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm [...]
by Rodney Forbes on May 7, 2009
This is another great testimonial for Rodney and Toni Forbes and the team at Forbes Realty of South Florida. Ron Wilkes, a retired business owner from Boston, wanted to find the perfect home in south east Florida. Working with Rodney and Toni, he finally found the perfect home that fit his lifestyle and budget. Ron [...]
by Rodney Forbes on May 6, 2009
Rodney Forbes with his daily market update for the south Florida real estate market. Today’s report is on Palm Beach Gardens for May 5, 2009. Information on homes for sale as well as activity and foreclosure/short sale numbers. If you are interested in buying or selling a home in the Palm Beach County area, specifically [...]
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 [...]
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 [...]
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 [...]
