Posts Tagged ‘florida real estate’

Foreclosures vs. short sales in real estate

Friday, September 26th, 2008

The housing crisis is affecting every socio-economic class, and it’s no different in Fort Lauderdale real estate.  In an effort to stem foreclosures, and under much pressure from U.S. lawmakers and regulators, the Hope Now coalition, backed by the Bush administration, has deemed that lenders need to accommodate borrowers interested in selling their properties for [...]

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Understanding the Current Market Crisis

Friday, September 26th, 2008

Retracing the events which unfolded to deposit us into our current market situation seems to be a favorite pastime these days. It was a seller’s market for a few years, which translates to an increase in pricing. In fact, buyers were often making offers which surpassed the asking price.  This leaves appraisers in a bind [...]

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