Foreigners Buying Up Florida Real Estate

“But if you go by number of buyers, you have much more activity coming from places like Argentina, Brazil, Colombia and Venezuela” says this article in Forbes. This is good news for sellers. Foreign buyers are often paying cash. So there is no wait and worry about...

Thinking of buying? Free workshop offered

The Miami Herald reports today that Wells Fargo is offering a free workshop and up to $15,000 assistance for prospective buyers! Wells Fargo & Co. will host a workshop 10 a.m. to 7 p.m. Friday and Saturday to help people who otherwise qualify for a mortgage to buy...

Underwater But will they leave the pool?

The New York Times has a very interesting article. I wonder if they’ve revisited their data: Eric Posner, a law professor, and Luigi Zingales, an economist, both from the University of Chicago, have made an interesting suggestion: Any homeowner whose mortgage is...
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