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south florida real estate market

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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See…I told you so!

by Rodney Forbes on May 5, 2009

The national news finally seems to be catching on to what I’ve been saying for the past several months. The south Florida real estate market has been quietly making progress to recovery, even as the national press predicted gloom and doom ahead. Pending home sales rose in March for the second consecutive month and are […]

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Warren Buffett bullish on real estate?

by Rodney Forbes on May 5, 2009

In the following excerpt from the Wall Street Journal, Warren Buffett is making comments on the current real estate market at the annual convention for Berkshire Hathaway. It’s a welcome relief that even the world’s most successful investor sees light at the end of the tunnel for the real state market. In the last few […]

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