September 2014 | Emil Fleysher, P.A.

Housing Boost for Broward County

Emil Fleysher September 30, 2014

Home sales have continued to rise in the past couple of months nationwide. In Broward County, it is no different. Those who are attempting to sell their properties are finding that there are a lot more self-assured buyers with the now steading housing market. Therefore, the interdependence between buyers and sellers will unravel the economical housing options in Broward County. In fact, close to 94 percent of single-family homes put

Criminal Charges for Fraudulent Couple Who Filed Bankruptcy

Emil Fleysher September 29, 2014

Read about the criminal charges of a couple from Palm Beach. Although bankruptcy is an uncomfortable process to go through, has given many people a fresh at finances. One of the key points in being given financial freedom is that you must be completely honest during the bankruptcy process. In fact, one couple in Palm Beach is now facing criminal charges for trying to conceal valuable goods from the bankruptcy

Bank of America Pays Florida $1 Billion in Settlement

Emil Fleysher September 26, 2014

The Florida Attorney General’s Office declared that Bank of America will be providing a billion dollars for relief. It will go to approximately 17,000 Floridians over a settlement for mortgage security fraud. Bank of America Corp paid $16.65 billion to finalize the investigation; for the sale of harmful mortgage securities by federal, Florida. And, other states during the housing bubble. The homeowners and communities that were the most affected during

Billion Dollar Condo Redevelopment Comes to Fort Lauderdale

Emil Fleysher September 25, 2014

In the past 36 months, developers of the Greater Downtown Miami area have announced their plans. The plans have to do with the creation of 65 new Towers; while the Fort Lauderdale area has sat by unproductive. This, however, was changed with news released last week. In a report provided by the Sun-Sentinel, the partnership group that manages the Galleria Mall in Fort Lauderdale has disclosed a Billion reinvention plan.

South Florida in the Top 10 Markets of New Home Sales

Emil Fleysher September 23, 2014

According to Metrostudy Research Firm, South Florida ranks among the top markets of home construction. The tri-county area is ranked ninth in the country. This was after conducting a nationwide survey of nearly a thousand communities, including job and population growth with housing evidence. The construction business is doing very well right now. The reason is that there is a high demand for new homes. But, the supply is minimal

South Florida Rentals are Going Sky High

Emil Fleysher September 22, 2014

South Floridians are feeling pain when it comes time to pay their landlords. Rent is taking a larger sum out of their paychecks than nearly anywhere else in the country. And, there is no sign of relief in sight. It takes 44 percent of your earnings, typically, to pay rent in South Florida. This is 14 percent more than the average throughout the country stated Zillow.com. San Francisco and South

Palm Beach County Makes The Top 5 Highest Asking Prices In The Nation

Emil Fleysher September 19, 2014

The real estate market in South Florida is changing drastically. Palm Beach County home sellers are putting big price tags on their homes. According to Trulia.com the asking prices for the properties have increased 14.5 percent in the area compared to August of last year. They are the fourth raking region in the nation. Lakeland took third place with a 14.8 percent increase, and Birmingham, Alabama, and Miami-Dade County tied

July: A Tough Month With Foreclosures For South Florida

Emil Fleysher September 18, 2014

In July, South Florida was among the regions with the highest foreclosure rates in the Country. Moreover, one in every 421 homes had a foreclosure filing throughout Miami-Dade, Broward, and Palm Beach County. The tri-county came in fifth throughout Florida. Palm Bay-Melbourne was among the top with one in every 404 homes in foreclosure, Orlando was second with one in every 357, but Ocala was first with one in every

Florida Foreclosures Go Up In Over A Year

Emil Fleysher September 17, 2014

The number of foreclosures in Florida is increasing. Brand new foreclosure filings have gone up 24 percent in comparison to the beginning of the year. This increase is the first annual one since the beginning of 2013. And, the belief is that this is part of the foreseen tsunami of homes that will be taken away. There were 6,468 foreclosures in August; a 74 percent boost from July reported RealtyTrac,

Good News South Florida: Less Cash Sales

Emil Fleysher September 15, 2014

A report provided by the Realtors Association of the Palm Beaches states that investors, which predominately purchase properties in cash only, i.e., who do cash sales, are at the lowest point in several years. Cash deals are a characteristic of investors and it helps differentiate them from homebuyers who customarily require mortgages. These sales went down by 11.5 percent in July compared to the beginning of the year. But, they

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