Weekly Roundup: Sales volume, borrowing sag

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 early next week.

Actor is lookin’ at selling his townhouse in Greenwich Village

His Honor adds to collection, picking up a notable Southampton estate for a rumored $20 million

Magically, three young actors invest £24.5 collectively on luxury properties

It’s loss actually for actor-singer

All-cash buyers propel resales, but volume remains slack

Number declines of homes listed for sale in June

Growth recorded in housing starts and building permits last month

Contract cancellations spike in June

Homeownership dips below 60 percent if delinquent borrowers are excluded

Only by excluding foreclosures, appraisal processor FNC discovers that, doh, prices are going up

Data concern says weak fundamental undermine expected seasonal strength, portending a poor fall

FHA could cause serious pain in condo market

Mortgage default rates continue to slide

Refinance activity burgeons, but volume of purchase applications ticks down

Rates merely edges up, to 4.52 percent, for 30-year fixed loans

Credit scores, down payments thwart borrower hopefuls

But hopeful borrowers can turn to private lenders, for a price

States generally allow landlords to collect rent without making mortgage payments

For $175 million, a home on the range can be yours

Kitchens found to remain a relatively inexpensive face-lift, according to latest remodeling report

For growing number of homeowners, glass spells c-l-a-s-s

Try these measures if your fan won’t fan or rings on a copper top won’t unring

Builder mood inches up from suicidal to downright depressed

UCLA study suggests that homeownership rate is closer to historical averages than recent ‘unsustainable’ levels

Sellers who bought in 2007 or later overprice by 14.1 percent, ignoring market reality, says economist

Despite dwindling demand, closing costs are up, with New York and Texas at the top

Community is everything for today’s buyers

Housing market reflects same factors that hold down consumer spending

Investment services lists reasons it may be unwise to dismiss housing market out of hand

UCLA economist predicts that Gen Y will spur housing’s recovery over next 10 years

With prices down and interest rates expected to climb, UC Berkeley real estate expert contends now is time to buy

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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