Weekly Roundup: Too much inventory persists

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 another of today’s three posts.

PRESS MAGNATE’S EX FINALLY GETS TO SIGN ON THE BOTTOM LINE

IRISHMAN, TRAVELER, KNIGHT RIDER, HE IS READY TO TAKE A BEATING ON HIS RANCH

AFTER MUCH SEARCHING, HE DOESN’T NIX A $37,500 A MONTH RENTAL

MRS. G GOES TO WASHINGTON, CUTTING PRICE OF HER FAMILY HOME

RETIRED ATHLETE STRIKES OUT ON HIS FIRST ATTEMPT TO UNLOAD HOME



SALES RISE OF PREVIOUSLY OWNED HOMES, BUT SUPPLY REMAINS HIGH

HOME PRICES FALL FOR FIRST TIME IN 2010 DURING AUGUST, DOWN 1.5 PERCENT FROM ONE YEAR EARLIER

SALES OF NEW HOMES EDGE UP AS INVENTORY SLIPS TO A LEVEL STILL FAR HIGHER THAN NORMAL


MORTGAGE RATES CONTINUE THEIR UPWARD CREEP

MORTGAGE VOLUME FOR PURCHASES INCREASES, BUT SALES OF EXISTING HOMES PROBABLY WILL BE WEAK THROUGH THE YEAR

LENDERS COMPLAIN THAT INVESTOR DEMANDS ARE DAMAGING THE HOUSING MARKET

RATE OF ‘SERIOUS’ MORTGAGE DELINQUENCIES DECLINES A BIT IN SEPTEMBER

HOW TO PLAN FOR RETIREMENT PLUS MORE ‘BEST’ PLACES TO RETIRE WHERE YOU CAN LIVE WELL

IF YOU CAN’T GET ENOUGH OF THAT 27-STORY SINGLE-FAMILY HOME IN INDIA, YOU’LL WANT TO KNOW ABOUT THE RUMORED BMW SERVICE STATION AND OTHER OF ITS ODDITIES

FOLLOW THESE FIVE STEPS TO HAVE REMODELING DONE RIGHT

PAINT YOUR WALLS PURPLE TO BE A TRENDSETTER, IF THAT’S YOUR THING

THESE TIPS CAN MAKE YOUR FLEA-MARKET SHOPPING FRUITFUL

AT LEAST MILLIONAIRES ARE MORE OPTIMISTIC THAN IN THE LAST THREE YEARS

POLL FINDS THAT MOST AMERICANS WORRY ABOUT THEIR ABILITY TO PAY MORTGAGE OR RENT

REMODELING ACTIVITY STAYS BELOW NORMAL FOR FIFTH CONSECUTIVE YEAR

ECONOMISTS DON’T SEE PRICES BOTTOMING UNTIL LATE NEXT YEAR OR EVEN INTO 2012

MORTGAGE BANKERS SEE RATES ACTUALLY MOVING UP NEXT YEAR AND GROWTH IN HOME SALES BELOW 2 PERCENT

FORECLOSURE MORASS COULD DELAY HOUSING’S RECOVERY AND FURTHER DEPRESS PRICES

ANALYSTS SAY THERE WILL BE NO RETURN TO THE BOOM YEARS

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.

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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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