Weekly roundup of news you don’t want to miss

Here’s your chance to catch up with news and information to enlighten and perhaps even entertain you. To read about The Big Apple, check out another of today’s posts.

THE APARTMENT OF A LATE CLENCHED-JAW CONSERVATIVE ENDURES ANOTHER PRICE REDUCTION

HE AIMS HIGH AND . . . SCORES!

AND SO DOES HE!

WHEN HER APARTMENT ATTRACTS NO SUITORS, A ROMANCE NOVELIST CUTS THE PRICE

SHE’S SLEEPING IN SOHO

AFTER THREE YEARS, HE HAD HAS HOUSE MARKED TO MARKET

BANKRUPT HOUSING PROJECTS ARE SPRINGING BACK TO LIFE

MULTIFAMILY CONSTRUCTION PROPELS INCREASE IN HOUSING STARTS, WITH NEW YORK AND 5 OTHER CITIES ACCOUNTING FOR HALF OF THIS YEAR’S SALES

HOME PRICES FELL IN JULY, SAY FHFA AND RADAR LOGIC

RESALES CLIMB FROM JULY TO AUGUST, BUT REDUCED SUPPLY IS STILL HIGH


FIXED-RATE MORTGAGES ARE UNCHANGED AT 4.37% THIS WEEK, BUT ARMS ARE MIXED

WHEN REFINANCING, BEWARE OF BIASED CALCULATORS

LOAN APPLICATIONS FOR PURCHASE FALL 38 PERCENT LOWER THAN ONE YEAR EARLIER

FEDS ADD FLEXIBLE AND LESS EXPENSIVE OPTIONS TO REVERSE MORTGAGES

A 5.5% MORTGAGE RATE WILL RAISE MONTHLY PAYMENT BY 13% OVER A 4.4% RATE

ALTHOUGH YOU MAY NOT HAVE NOTICED, THE RECESSION’S OFFICIALLY OVER

CHINESE INVESTORS FLOCK TO LONDON TO BUY REAL ESTATE

YET SUPPLY GROWS AS SALES SLIP IN THE U.K.

DOCUMENT PROCESSOR SIGNED OFF ON 10,000 FORECLOSURES A MONTH BY HAND WITHOUT READING PAPERWORK

IF YOU DON’T ALREADY KNOW, FORBES PROVIDES ITS FIVE SIGNS OF A BAD REAL ESTATE AGENT

OPEN-HOUSE MURDERS WORRY OHIO REAL ESTATE AGENTS

FOR NEIGHBORS, FORECLOSURES COST THEM TOO (pdf)

IT’S GOOD TO DONATE YOUR OLD COMPUTER BUT BAD TO GIVE AWAY ITS DATA

HERE’S HOW TO SHOP FOR AN ENVIRONMENTALLY FRIENDLY RUG

FREE SOFTWARE HELPS YOU INVENTORY YOUR POSSESSIONS IN THE EVENT OF LOSS

SPEAKING OF LOSS, WORKS FROM THE LEHMAN BROTHERS/NEUBERGER BERMAN ART COLLECTION ARE TO BE AUCTIONED STARTING SEPT. 25–AND YOU CAN BID NOW!

A $50,000 MATTRESS DOES NOT SMOOTH A REPORTER’S SILENT NIGHT

BUILDERS REMAIN DEEPLY PESSIMISTIC

HOUSING WOES NOW OUTWEIGH EMPLOYEE CONCERNS ABOUT THEIR OFFSPRING

SHOCKINGLY, RESPONDENTS IN AN NAHB SURVEY WANT TO KEEP MORTGAGE DEDUCTION

ECONOMY CAUSES NUMBER OF COHABITATING COUPLES TO JUMP FROM LAST YEAR


HALF OF BROKERS AND AGENTS REPORT HAVING A DIM VIEW OF THE FUTURE, BUT IT’S 70% IN NEW YORK

MIT PROFESSOR SAYS HE’S BULLISH ON HOME CONSTRUCTION, ‘A SLEEPING GIANT THAT IS ABOUT TO WAKE UP’

YET OTHERS SAY HOMEBUILDING INDUSTRY COULD BE YEARS FROM RECOVERY

EXPERT PANEL PREDICTS ‘SOME IMPROVEMENT,’ BUT NO INCREASE, IN HOME PRICES THIS YEAR (Click on “latest press release.”)

ECONOMISTS FIND LITTLE TO CHEER IN REPORT ON EXISTING-HOME SALES IN AUGUST

GLOBAL RESIDENTIAL MARKET STRONGER THAN IN 2009, BUT FORECASTER SEES GREATER RISKS THIS YEAR

FIRST-TIME BUYERS BOOSTED DEMAND IN 2007-2009

In the sidebar on the right, you can search for properties listed by various brokers, though I encourage you to be in touch with me to look for properties for you and to gather additional information. You also may want to see my periodic critiques of properties that I visit in “Out and About,” which is posted today too.

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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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