Economic news as it relates to our buyers and sellers of real estate.
ARCHIVED BLOG POSTS
One of the big causes in divorce cases is family financial turmoil. Divorce lawyers were all trained that the wife-mother "gets" the house...usually with a quit claim deed along with other financial agreements. NOW...who gets or wants the house? No one, if a mortgage is attached...at least in Flo...
The headline in yesterday's Financial Times was "Trichet calls for worldwide tightening" (the head of the European Union's Central Bank). The Chairman of the US Federal Reserve, Bernanke, gave a radically different prescription when testifying before US congress the day before. He called for ev...
According to Realty Trac, the Florida Foreclosure Rate is gradually slowing down its rapid ascent. After several years of foreclosure rates increasing at an increasing rate in Florida, the first half of 2010 had only 277,073 new foreclosure filings up only 3% from the same period in 2009. This ...