Zilbert's Miami Beach and South Beach Real Estate Blog

Home >> October, 2008

TIME: The Housing Bust: Signs of a Bottoming Out?

Posted on: Thursday, October 30th, 2008 in: Market Updates

By Bill Saporito – TIME The latest Case-Shiller Home Price Index for a 20-city composite showed that prices recorded a 1% drop in August and were down 16.6% for the past 12 months. Miami had a 1.8% monthly drop and a 28.1% tumble over the past year; in San Francisco, it was -3.5% monthly and [...]

Understanding Loan Modification

Posted on: Wednesday, October 8th, 2008 in: Market Updates

Provided by Kirkland Young – www.KirklandYoung.com Loan Modification- This term has been getting a lot of attention lately and rightfully so. With millions of homeowners stuck in toxic adjustable rate mortgages and no ways to refinance out of them, loan modifications may be the only way to assist struggling borrowers. This term is used when [...]