International buyers in U.S. real estate markets

10 U.S. real estate markets drawing international buyers Inman News report features data trends, analysis, commentary on popular areas By Inman News Affluent international buyers, attracted by fire-sale prices, are snapping up real estate in some U.S. markets. In a report released today, Inman News identifies 10 markets where public records indicate foreign buyers make …

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Newport No. 2 for Yahoo! holiday decorations ranking

Yahoo! Travel has rated Newport Beach as one of the top destinations nationwide to see holiday lights, coming in second to New York and ahead of Walt Disney World, according to a Yahoo! news article. “For more than a century, Newport Beach’s Christmas Boat Parade has delighted spectators with a ‘Christmas-sea’ feeling all its own,” …

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Current Mortgages Turning Delinquent Rises for First Time in a Year

During the third quarter of this year, 2.7 percent of current mortgage balances transitioned into delinquency, according to new data from the Federal Reserve Bank of New York. That’s up from 2.6 percent that became newly delinquent in the second quarter. Fed officials called the quarterly increase “slight” but noted that the rise follows a …

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New York Courts First to Institute New Foreclosure Filing Requirement

The New York state court system has instituted a new filing requirement in residential foreclosure cases that officials say will “protect the integrity of the foreclosure process and prevent wrongful foreclosures.” Lenders’ counsel are now required to file an affirmation with the court certifying that they have reviewed and verified the accuracy of documents filed …

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