Weekly Roundup: Housing market news is mixed

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.

SUTTON PLACE DUPLEX IN WHICH LATE MAGAZINE MAGNATE LIVED FINALLY SELLS FOR $7 MILLION

HER SEX IN THE CITY WILL CENTER ON CENTRAL PARK WEST WHEN HER HUSBAND TAKES TIME OFF

ACTOR’S NEWLY LISTED PENTHOUSE IS PRESUMED EXPENSIVE

LATE SIDEKICK’S HOUSE IS IN FORECLOSURE, SPORTS FIGURE PLANS TO PRACTICE OUTSIDE NEW HOME, MOVIE MOGUL BUYS IN L.A.

PRICES OF U.S. OF SINGLE-FAMILY HOMES DROP IN THIRD QUARTER TO 30 PERCENT BELOW PEAK

FED’S BEIGE BOOK RECORDS CONTINUING LOW LEVEL OF RESIDENTIAL REAL ESTATE AND CONSTRUCTION ACTIVITY


INDEX SUGGESTS THAT RE-SALES IN NOVEMBER AND DECEMBER WILL TOP OCTOBER

FORECLOSURES ACCOUNTED FOR ONE OUT OF FOUR SALES IN THE THIRD QUARTER

RADAR LOGIC ARGUES THAT HOUSING MARKETS ARE EVEN WEAKER THAN YOU MAY THINK

LONG- AND SHORT-TERM RATES CONTINUE THEIR UPWARD MARCH

FANNIE, FREDDIE RECOMMEND THAT FORECLOSURE SALES RESUME, BUT B OF A AND CHASE HIT SNAGS IN RESTARTING THEIRS

REFI APPLICATIONS CONTINUE TO SLIDE, BUT PURCHASE LOANS EDGE UP

BECAUSE IT HAS A BIG PRICE TAG AND IS, AFTER ALL, PROTECTION YOU NEED, DON’T SELL TITLE INSURANCE SHORT (AS IT WERE)

WHEN LENDING TO A RELATIVE, BE SURE TO ASK THE RIGHT QUESTIONS BEFORE SIGNING ON THE BOTTOM LINE

HERE ARE 10 THINGS YOUR LANDLORD WON’T TELL YOU

THINK HARD ABOUT RENTING TO OWN FROM BOTH SIDES OF SUCH AN ARRANGEMENT

SOME PARENTS TURN TO THEIR KIDS FOR DECORATING ADVICE, SO RETAILERS ARE TAKING NOTE

GRAPH SHOWS IMPACT OF DISTRESSED SALES ON THE HOUSING MARKET WITH DRAMATIC CLARITY

CONSUMER CONFIDENCE CLIMBS 8 PERCENT FROM OCTOBER TO NOVEMBER, NEARS JUNE’S PEAK IN 2010 (2nd item)

NEW PAYROLL AND OTHER DATA OFFER HOPEFUL SIGNS FOR ECONOMIC RECOVERY

BUT THE UNEMPLOYMENT RATE EDGES UP IN NOVEMBER, GOVERNMENT REPORTS

ANALYSIS OF 200 MARKETS PLACES BOULDER AT TOP OF LIST OF SMARTEST METRO REGIONS

UNIVERSITY OF CHICAGO ECONOMISTS PREDICTS FLAT HOME PRICES FOR NEXT FEW 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 for assistance and advice. 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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