South Beach condos – foreclosure activity

July 20, 2010

I just took a quick look at the amount of bank owned South Beach condos and how it changed since Q3 2009 As you can see from this graph is that the amount of foreclosures for sale as well as the amount of foreclosures sold in past couple of months has pretty much doubled. Currently [...]

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Great deals on Downtown Miami condos

July 9, 2010

If you know me, you might be surprised to hear me say that. I’ve always been the one to advise my customers to be cautious when it comes to buying downtown Miami condos. Don’t get me wrong. I do believe – and always have – the the longterm outlook for the downtown Miami condo market [...]

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Walking away from home isn’t risk free

June 5, 2010

By Beth Kassab, The Orlando Sentinel, Fla. Jun. 2—For underwater homeowners who think they’ve found a solution to their predicament—stop paying the mortgage and remain in the house until they are forced out by foreclosure—the consequences of such a decision are not as simple as they may seem. The short-term advantages of a “strategic default” [...]

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