Weekly Roundup: The Big Apple, markets stats, more

Happy holiday weekend!  Please enjoy this post with the past week’s most important news about the Big Apple and beyond.  Look for “Out and About,” “The Big Apple” and “Weekly Roundup” again next Friday.

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LONG ISLAND CITY’S MAKEOVER IS CHARACTERIZED AS ‘DRAMATIC’

NEW FINANCING PLAN MAY BREATH LIFE INTO UNFINISHED FLATIRON HIGH-RISE

OCTOBER’S UPTICK IN SALES FROM SEPTEMBER’S LOW MAY CONTINUE IN NOVEMBER, THOUGH THEY STILL LAG A YEAR AGO

SEVEN REASONS TO THINK HARD ABOUT RENTING IN A CO-OP OR CONDO

THE CITY AIMS TO HIRE BEDBUG INSPECTORS WITH FUR COATS

FLORIDA COLLEGE SENIOR BEATS 15 MILLION-TO-ONE ODDS TO WIN LUXURY APARTMENT–BALLOONS TOO!–IN THE FINANCIAL DISTRICT

THE REAL ESTATE TALES OF THIS CITY WOULD BE FUNNY IF NOT SO SAD

UNSURPRISINGLY, DATA SORTA SHOW THAT MANHATTAN’S HOUSING MARKET IS HEALTHIER THAN THE NATION’S

‘SPECIAL RISKS’ SECTION OF CONDO OFFERING PLAN FOR A NEW BUILDING REQUIRES SCRUTINY

WHAT’S OLD IS NEW AGAIN: CASEMENT WINDOWS

HIS NEW APARTMENT PROBABLY RATES AT LEAST THREE CHEERS

ACTRESS’S AMAGANSETT HOME SELLS FOR LESS THAN HALF ITS ORIGINAL ASKING PRICE

YOU CAN’T FAULT THE PRICE HE PAID FOR HIS NEW CENTRAL PARK SOUTH APARTMENT

SLOW SALES SUBSTANTIALLY PUSH UP SHADOW INVENTORY FROM A YEAR EARLIER

AFTER TWO MONTHS OF GAINS, SALES OF PREVIOUSLY OWNED HOMES FELL IN OCTOBER WAY BELOW SAME MONTH IN 2009

REPORT OF WEAK SALES OF NEW HOMES IN OCTOBER DOES NOT BODE WELL

RATES INCH UP THIS WEEK

FREDDIE MAC EXTENDS ITS HIGHER LOAN LIMITS THROUGH SEPTEMBER

FANNIE MAE’S NEW LENDING GUIDELINES ARE MIXED BLESSING

7 MILLION LOANS ARE DELINQUENT OR IN FORECLOSURE, 492 DAYS IN DELINQUENCY SETS RECORD

LOAN APPLICATIONS FOR PURCHASE AT HIGHEST LEVEL SINCE MAY BUT LAG A YEAR AGO

UNCLE SAM WANTS YOU. . . TO BUY SOME OF ITS PROPERTY

IF A BANK OR CREDIT-CARD COMPANY LOWERS YOUR LIMIT, YOUR CREDIT SCORE COULD SUFFER

HONG KONG EFFORTS TO SHRINK PROPERTY BUBBLE DEPRESS DEVELOPER STOCKS

WHEN CONTEMPLATING PURCHASE OF A SHORT-SALE PROPERTY, CONSIDERS EXPENSES THAT OFTEN ARE OVERLOOKED

USEFUL TIPS FOR SHOWING AND PHOTOGRAPHING THE HOME YOU ARE SELLING

HUD LAUNCHES ONE-STOP SITE FOR INFORMATION ON LOCAL, REGIONAL AND STATEWIDE ECONOMIC AND HOUSING DATA

TALK IN WASHINGTON ABOUT ENDING OR LIMITING TAX DEDUCTION SPOOKS PROSPECTIVE BUYERS, ADVOCACY GROUP CONTENDS

AT AUCTIONS OF CONDOS IN NEW DEVELOPMENT, THE BUYER BETTER BEWARE

WITH MORE THAN HALF OF U.S. ENTREPRENEURS WORKING OUT OF THEIR HOMES, SOME EXPLAIN HOW TO DO IT WELL

IF ODORS IN YOUR HOME GET YOUR GOAT, TRY THESE TACTICS TO MINIMIZE THEM

WITH MORTGAGE APPROVALS TAKING LONGER, CONSUMER SATISFACTION WITH LENDERS SINKS

CONSUMERS SURVEYED IN THE SICK THIRD QUARTER CONTINUE TO EXPRESS DOUBTS ABOUT BUYING A HOME

BABY BOOMERS HAVE YET TO FLOCK TO ACTIVE-RETIREMENT COMMUNITIES

PROPERTY TAX INCREASES AND RISING TRANSPORTATION EXPENSES ARE LIKELY TO MAKE SUBURBAN LIVING MORE EXPENSIVE

FORTUNE SAYS HOUSING MARKET’S BULLS ARE, WELL, FULL OF BULL

MOODY’S PREDICTS PRICES WILL SLIDE UNTIL MIDDLE OF NEXT YEAR

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 for assistance and advice.

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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
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