Housing News
Scheduled home auctions hit 9-month high in Nov.
Fewer U.S. homes entered the foreclosure process or were taken back by banks in November, reflecting a seasonal pullback in foreclosure activity by lenders and mortgage servicers.
But for some homeowners already behind on their mortgage payments, the end-of-year slowdown isnt likely to provide much of a reprieve.
The number of homes in foreclosure [...]
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Financial News
30% of buyers denied or give up on mortgage
Credit has gotten tighter, and more buyers are being left out or becoming so frustrated they give up. Last year, more than 2 million people were turned down for mortgages, according to the Federal Financial Institutions Examination Council.
About 30 percent of buyers are either denied a mortgage, or they drop [...]
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International Realty
Doing business with RUSSIA
The Russian economy is continuing to grow at a fast pace making real estate investment in the USA very appealing, attracting cash buyers to the number one “hot spot” where location, lifestyle and sunshine make The Florida Riviera a very desireable. Stretching from South Beach and the Bay islands up through Bal Harbour to Hollywood [...]
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