Fort Lauderdale News

You would think that with all of the foreclosures in Fort Lauderdale and throughout South Florida, that the state and county officials who handle tax collection would work to facilitate the rebound of the housing sector.

I was waiting..and waiting..and waiting to write a post about what the Federal Reserve should do about interest rates and had to stop pending their announcement. I did not want to venture a guess and it’s a good thing that I did not.  Although reducing the rate may help out some homeowners and borrowers, especially those [...]

[flv:http://www.realestateradiousa.com/videos/olick2.flv 300 250] With the alarming news from Wall Street this weekend that Bank of America has decided to buy troubled investment firm Merrill Lynch, it has taken some of the focus away from the demise of Lehman Brothers. However Lehman and Merrill are pretty much synonymous with what has and continues to be wrong [...]

If you are seeking to sell your home, you may want to take notice of what is going on in the financial markets. The pricing of your home will most assuredly be affected, that is if you have a real estate agent who has any clue as to what they are doing. The collapse of [...]

Democrats are again calling for a moratorium on foreclosures. The democratic leaders in the U.S. Senate are seeking a freeze on all foreclosure activity for 90 days. Now that the U.S. Government has control over Fannie Mae and Freddie Mac, the Senate Democrats are looking to flex a little muscle and force the two mortgage giants to [...]

  When President Bush signed the Housing and Economic Recovery Act of 2008 back in July, there was a provision on page 479 that has had major implications. This provision will eliminate down payment assistance programs, or DPAs, starting on October 1st of this year. Efforts are underway to save these much needed programs.

Last Friday, the Mortgage Bankers Association said that more than 4 million American homeowners with a mortgage… a record 9 percent … were either behind on their payments or in foreclosure at the end of June.

[flv:http://www.realestateradiousa.com/videos/kramer1.flv 300 250] Mad Money’s Jim Cramer of The Street.com is saying that the Federal Reserve is ignoring the current U.S. deflationary crisis and is trying to “reinvent” the economy by actually destroying it.Those are some pretty strong words but then again, Cramer has not been one to be shy about stating his opinions. “If [...]

We all know that it’s a buyer’s market out there right now, but have the tables turned so much that buyers are taking it to a whole new level? We are seeing buyers turning into veritable schoolyard bullies by taking advantage of their leverage by demanding everything from major home repairs, to cash concessions, to [...]