by Rodney Forbes on November 29, 2010
October 2010 home sales are down from 2009 for most of the country. Most areas of Florida also saw decreases in home sales. A number of reasons were cited, including the boost in 2009 from the home buyer tax credit, and new stricter mortgage lending guidelines. Interestingly, nationwide 29% of homes sold for cash and 34% [...]
by Rodney Forbes on November 15, 2010
Home prices in West Palm Beach Florida have been in a serious decline for several years. How long has it been since average prices were this low? Does it mean the time is finally right to buy a home, whether a foreclosure or short sale? Have we reached the bottom in Florida? The following chart [...]
by Rodney Forbes on October 13, 2010
Just when you thought the Florida foreclosure mess couldn’t take one more turn into the Twilight Zone, new information is released about the so called “robosigners” used by one of the largest foreclosures law firms in Florida. In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage servicing [...]
by Rodney Forbes on January 31, 2010
Another affordable short sale is available in the West Palm Beach area from Forbes Realty of South Florida. This 3 bedroom 2 bath townhome is perfect for a first time home buyer or investor. Located in a quiet community in West Palm Beach, this townhome has a private fenced patio. This short sale is being [...]
by Rodney Forbes on January 31, 2010
If you’ve been waiting for the right short sale home to come on the market, this is it. Located in the SunTerra subdivision in West Palm Beach, this home is beautiful in every way. Not only is this the lowest priced home in the subdivision, it could possibly be the most upgraded inside. Granite counter [...]
by Rodney Forbes on January 31, 2010
Over the last decade several states, including Florida, have been the center of the real estate boom…and bust. Short sales and bank owned foreclosures dominate the news in south Florida real estate. How did we get here? Where are we going from here? In this video clip from The Daily Show, Harvard law professor Elizabeth [...]
by Rodney Forbes on January 12, 2010
Here is a great video testimonial for Rodney Forbes and Forbes Realty of South Florida from a very happy short sale client. If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently [...]
by Rodney Forbes on December 8, 2009
If 2009 will be known as the year of the bank merger, 2010 may well be known as the year of the short sale. Now that banks are emerging from the rubble of the real estate and banking meltdown, they’re finally starting to get serious about getting rid of their foreclosures and approving short sales. [...]
by Rodney Forbes on December 7, 2009
The following video from Diana Olick at CNBC’s Realty Check has some positive news for Palm Beach County homeowners in distress. If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated [...]
by Rodney Forbes on December 7, 2009
Here is the latest news from the Treasury Department regarding streamlined procedures for homeowners in distress, whether it be a loan modification or a short sale. Separately on Monday, Treasury and the Department of Housing and Urban Development (HUD) kicked off a program intended to help convert as many of the 375,000 borrowers who have [...]
