Weekly Roundup: Prices up, recovery iffy. More!

Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About on Tuesday.  And have a very happy Independence Day!

Estate sale of Patricia Neal’s Yorkville co-op sells for $70,000 below asking price

Retired slugger’s Tribeca triplex finds buyer after three years

Model, actress, director’s ex cuts Manhattan link with sale of penthouse for $3.05 million

Terrace presumably enchants actress who buys $1.75 million penthouse in Greenwich Village

TV talk personality relists Greenwich home less $2.1 million, while TV wrestling star also tries again with huge discount

Right-winger turns left, leaving Manhattan to rent in Texas

Couple fulfills their California dreams with purchase of $6.5 million Los Angeles home

With sale of her Beverly Hills estate, actress just goes without it

Late crusty screen legend’s estate in Old Seabrook is listed again, this time for $28 million

Single-family home prices inch up in April but stay 31.8 percent below peak with an analyst’s take on what it all means

Pending home sales rise in May from prior month and prior year

Inventory of homes for sale shrinks 8.5 percent from June to June

CoreLogic records second month-to-month gain in prices

Serious delinquency rates decline in May

10 biggest lenders turn down borrowers with increasing frequency

Mortgage fraud reports mushroom 31 percent in a year

2.7 percent decline in volume of loan applications reflects persistently low demand

Mortgage delinquency rates slightly decreased in May

Rates hold steady for 30-year mortgage, ARMs at record low of 3.25 percent

Retiree says he lost all his belongings in foreclosure blunder

Architects’ survey suggests slight increase in demand for McMansions

Groupon and its ilk fail to embrace deals related to real estate transactions

Foreigners just can’t get enough of the U.S.

Apartment dwellers can farm, too

Paint the town. . . ‘Wild Salmon?’

Outstanding wall coverings become popular again

New poll finds 90 percent of respondents clinging to homeownership as American Dream, yet 45 percent saying it’s risky

Freddie Mac economist expects ‘gradual improvement’ in housing this year, especially rental market

But Radar Logic data firm maintains that housing’s recovery is ‘a long way off’

Market is in a ‘fragile state’ that is easier to break than to fix, says Pimco bigwig

You can search for 20,000 New York City properties listed by various brokers, and I encourage you to be in touch with me for assistance and advice. You also may want to see my periodic critiques of properties that I visit in Out and About, which I post on Mondays or Tuesdays.

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Malcolm Carter Licensed Associate Real Estate Broker Senior Vice President Charles Rutenberg Realty 127 E. 56th Street New York, NY 10022

M: 347-886-0248 F: 347-438-3201

Malcolm@ServiceYouCanTrust.com Web site

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