Palm Beach County foreclosure filings fall 41%

South Florida relinquished its top-10 foreclosure rank during the first part of this year, falling to 30 nationally as court delays and paperwork do-overs continue to stall bank repossessions.
In Palm Beach County, 10,642 homes received …

1 in 5 choosing to default on mortgages though they can pay.

Nearly one in five delinquent mortgages through the first half of 2009 was owned by someone who could afford to pay, but decided defaulting was a smarter financial play.
The decision to walk away, called “strategic …

As home tax break expires, mad dash for a deal.

Benjamin Kaskel, a would-be first-time home buyer, hasn’t been sleeping much lately.
He and his wife, Samira, have to move out of their rented home — and they want to find a house to buy.
By Friday.
That’s …

Capital Markets Lab Weekly Market Wrap Up, April 19-23, 2010

Market Volatility Increases, Short Term Shift to Risk Aversion
This week volatility came back to the markets after what had seemed to be a parabolic move upwards in the major equity indices over the past …

Event connects students and real estate organization leaders.

Location. Location. Location. In real estate, it’s often said that this is the key to a successful property sale. Students looking to launch a career in real estate might add this mantra for success: Organizations. …

Capital Markets Lab Weekly Market Wrap Up, March 1-5, 2010

Current Account Balance: China and the United States

The chart below consists of the current account balances of the United States, China, and emerging economies. The Current Account Balance of a country consists of three …

Capital Markets Lab Weekly Market Wrap Up, February 22–26, 2010

Continued Euro Selling
This week the currency markets were in a stir once again. Volatility rose as global market worries continued to be a concern, specifically debt issues in Europe. The …

Lively event broadens students’ awareness of the real estate sector.

Although real estate remains a challenge-filled industry, almost 100 Florida International University (FIU) students are now aware of the many opportunities afforded by the field, thanks to an interactive seminar hosted by the College of …

U.S. tries to keep struggling owners in homes.

A new $1.5 billion initiative aims to help homeowners threatened with foreclosure as the numbers show improvement.
The government threw a $1.5 billion lifeline to unemployed and underwater homeowners on Friday, amid a new report suggesting …

Half of homes in South Florida sell for a loss.

Nearly half of South Florida homes sold in December did so at a loss, a 4 percent increase from the previous year and a “disturbing” sign for anyone with a home on the market.
The data, …

American Real Estate Society Member Profile: William G. Hardin III

Bill’s first experience to real estate dates back to when he was a youth riding around the outskirts of Atlanta in a car with his Grandfather looking for land investments. After graduating from The Webb …

Real Estate Portfolio Magazine Q&A with William Hardin.

Q&A with William Hardin, Florida International University
William Hardin is professor of finance and real estate and director of real estate programs at Florida International University, and a member of the board of directors of the …

Homeowners walking away from underwater mortgages.

Many South Florida homeowners who can afford to make their mortgage payments are choosing not to, forcing the lender to foreclose. It’s called strategic default.
Andres Duque thought he got a real steal when he paid …

Commercial loans' health key to banking recovery here.

Full recovery of the banking industry in South Florida depends on the extent of losses from commercial real estate loans now coming due and on how much capital banks are able to come up with, …