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M. King Quoted in The Palm Beach Post
July 31, 2009

KingPartner Mark R. King was quoted in a July 24 article in The Palm Beach Post, titled "Analyze This: Are Banks Skewing South Florida's Real Estate Market?" The article, originally published in The Miami Herald, examines recent data indicating that home prices in South Florida have appeared to bottom out, though fewer bank-owned properties are up for sale. Some analysts believe this indicates that banks may be preventing further price declines by cutting the flow of foreclosed properties to the market. Mr. King, whose practice includes representing banks in foreclosures, commented on the role of banks in the current real estate market, noting that the sheer volume of foreclosed properties in South Florida may be preventing banks from processing them quickly and placing the properties on the market.