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SUZETTE PORTER | “Buying a home is a big deal. Whether it’s your first time or you feel like a seasoned pro, getting what you want at the best price means keeping your eye on the details from beginning to end. A lot of the process involves personal decisions, starting with what type of home youRead more

Heather Perlberg & John Gittelsohn | “Jonathan Gray, global head of real estate at Blackstone Group LP, talks about Blackstone’s investment in residential real estate and the outlook for the U.S. housing and commercial property market. He speaks with Erik Schatzker and Deirdre Bolton on Bloomberg Television’s “Market Makers.” (Source: Bloomberg) The firm, which already ownsRead more

Garrett Kenny | The Canadian | “I am very pleased to be reporting on the striving property market this month. I have witnessed it first hand as the CEO of Century 21 Team Feltrim. Florida’s property market is rapidly recovering from the property bust years prior and was one of the hardest hit states during theRead more

Martha Brannigan | Miami Herald “It is a condominium association’s version of winning the lotto. A big bank missed its deadline to file for foreclosure on a million-dollar condo unit by 10 days. As a result, Peninsula Condominium Association in Aventura will get to keep the condo — a fancy three-bedroom, three-bathroom bayfront pad thatRead more

BY: ESTHER CHO | “As Fannie Mae and Freddie Mac continue their efforts to prevent millions of foreclosures, delinquency rates are also declining, with 60-plus delinquencies down to the lowest level since the first quarter of 2009, according to a report from the Federal Housing Finance Agency (FHFA).    So far, efforts from the GSEs have led to nearly 2.8 millionRead more

Huffington Post | “My father arrived in this country from Europe in the late 1940s with a love of all things American but was especially fond of the post-war boom in emerging technology. To satisfy this hunger, he bought himself a new-fangled Webcor reel-to-reel tape recorder replete with a throbbing green “magic eye” (to monitorRead more

by Kim Miller |  Palm Beach Post | “The founder of a Florida-based mortgage servicing firm was sentenced to five years in prison yesterday for her participation in a six-year scheme to prepare and file more than 1 million fraudulently-signed and notarized documents. Lorraine Brown, 56, launched the company DocX, which later became Jacksonville-based LPSRead more

  Florida legislature allows accelerated sale of foreclosed houses Posted by Kari | CRS Data “Realtors in Florida should prepare to brush up on their short-sale skills, as a new law aimed at speeding up the foreclosure process was passed on June 7. Supporters of the bill noted that the new law would help to improveRead more

TampaBay Newspapers | CLEARWATER – “One judge’s caseload will be distributed to other Civil Division judges so that he can work fulltime on clearing the more than 16,000 foreclosure cases that are backlogged in Pinellas County. Effective Sept. 1, Circuit Judge Thomas M. Minkoff’s court dockets and calendars will be filled with foreclosure cases that wereRead more

by Kim Miller | “The number of foreclosed homes that have been abandoned by their owners is by far the highest in Florida with 55,503 properties sitting empty and in some stage of a bank takeover. That’s 33 percent of the national total with Illinois coming second with 17,672 vacant and foreclosed homes. In aRead more