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IN THE NEWS New Jersey Santa Fe Realtors Select LPS' Paragon as New MLS System Lisa G Lopez Broker of Record Home Alliance Realty 142 E. Bay Ave Manahawkin, NJ 08050 609-978-9009 (o) 609-384-5109 (c) lglopez@verizon.net www.HomeAllianceRealty.com www.LisaLopezProperties.com KNOW THIS The median list price in Alpine, New Jersey is $6.7 million, making it the priciest city in the U.S. according to Realtor.com. New Mexico rank: 15 90+ Day Delinquency Rate Foreclosure Rate september 2012 2.00% Unemployment Rate 3.89% 6.4% year ago 1.89% 3.84% 7.4% percent point change 6.0% 1.4% -13.5% Top County TorraNCe CouNTy 90+ Day Delinquency Rate Foreclosure Rate september 2012 2.59% 7.15% year ago 2.76% 5.98% percent point change -6.0% eSpaNola, NM 90+ Day Delinquency Rate Foreclosure Rate september 2012 2.08% 5.74% year ago 2.37% 5.71% percent point change -12.2% 0.5% The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the September 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 114 rank: 5 90+ Day Delinquency Rate Foreclosure Rate september 2012 3.04% Unemployment Rate 6.23% 8.9% year ago 3.30% 5.42% 8.3% percent point change -7.6% 14.9% 7.2% Top County SullivaN CouNTY 90+ Day Delinquency Rate september 2012 3.09% Foreclosure Rate 3.52% year ago 3.83% 3.39% percent point change -19.4% 3.8% Top Core-Based Statistical area KiNgSToN, NY 90+ Day Delinquency Rate Foreclosure Rate september 2012 4.32% 8.98% year ago 4.73% 7.20% percent point change -8.6% 24.7% note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the September 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary September 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. New York Custom Loss Mitigation Services Michael J. Wallace 516.319.1600 mjwallace@wallacerealestatesolutions.com WallaceRealEstateSolutions.com IN THE NEWS 19.7% Top Core-Based Statistical area note: The Santa Fe Association of Realtors (SFAR) is pairing up with Lender Processing Services, Inc. (LPS), for the company's Paragon MLS system. Paragon MLS will be used to serve more than 900 SFAR and member affiliates in the Sante Fe, Los Alamos, and Rio Arriba counties in New Mexico. SFAR representatives decided to use Paragon MLS due to the innovate features that allow members to be more efficient and competitive. Paragon MLS allows agents to multitask as they conduct property searchers, create a comparative market analysis, and update listing information. All of the tasks can be conducted through a single view on a computer. Paragon MLS is also compatible with any browser or mobile device, allowing easy access when in the field. "Our members are on board with our decision and excited to begin using LPS' Paragon MLS system," said SFAR CEO Paco Arguello. "The mission of the Santa Fe Association of Realtors is to enhance members' ability to conduct their individual business successfully and with professional competency. I feel that Paragon and LPS will assist our association in adhering to this mission." Paragon MLS serves more than 165,000 real estate professionals. The platform helps agents manage their businesses and collaborate with clients. "We welcome our new friends in Santa Fe to the growing number of MLS organizations that use Paragon MLS for a stronger competitive edge," said LPS MLS solutions managing director Rich Lull. New York KNOW THIS In New Mexico, there were 34 REOs available in Q3 2012, according to Realty Trac. Manhattan Real Estate Attorney Gets 51 Months in Prison A Manhattan real estate attorney was sentenced to 51 months in prison for his role in a $9 million mortgage fraud scheme, Manhattan U.S. Attorney Preet Bharara announced in October. U.S. District Judge Naomi R. Buchwald sentenced Eric Finger, 47, of