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Panic Is Setting In – The Housing Market Must Be About to Crash

Over the last few days, I have been flooded with articles about one mortgage company after another laying off hundreds, or thousands of employees because over the last several weeks, mortgage originations are down. Similarly, I am seeing articles that title companies who close residential loans, are laying off employees for the same reason. Armageddon […]

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War In Ukraine Can Affect U.S. Real Estate Transactions

As we watch the news each night, we see images of the devastating war in Ukraine. Millions of Ukrainian citizens have been displaced from their homes and are now considered refugees. The humanitarian crisis grows every day. It’s hard to imagine how such suffering can reach our daily business transactions here at home, but it […]

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Are Commercial Tenants in for a Surprise?

In early January, we learned that the inflation rate reached a staggering 7%, the highest rate since 1982. Analysts blamed many things for this increase. COVID and supply chain issues are cited as two of the leading causes. I don’t suppose it matters much to the average person why everything costs so much. We all […]

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Are NFT’s and Mortgages in Real Estate Possible?

I recently wrote an article discussing how the use of cryptocurrencies in real estate transactions may one day soon be commonplace. Cryptocurrencies have the potential to revolutionize real estate transactions, but cryptocurrencies are not alone in that regard. NFT’s also offer the potential to change the way real estate transactions are conducted and completed.

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Buying Commercial Property? Take Property Inspections Seriously

Everybody who has ever bought a house knows that the property inspection is a crucial part of the purchase process. The property inspector tells the buyer whether the house is in good condition or if repairs are necessary. If nothing else, buyers pay close attention to the roof inspection. A defective roof will derail any […]

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Challenges to Address in the Anticipated Rise in Foreclosures

The third quarter of 2021 saw the largest quarterly percentage increase of foreclosures since 2014.  Lenders started the foreclosure process on 25,209 properties and repossessed 7,574.  That trend can be seen locally too.  We have witnessed an increase in foreclosure filings in Miami-Dade County.  For instance, one third of all foreclosures filings in 2021 have taken place […]

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