Weekly Roundup: Prices down, rates up, Shiller upbeat

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.

HE’S SLIDING INTO MANHATTAN FROM NEW JERSEY

FASHION DESIGNER TURNS NOSE UP AT GRAMERCY PAD IN WHICH HE NEVER LIVED

HIS DESIGNS ON A SECOND FIFTH AVENUE PENTHOUSE ACROSS THE HALL FINALLY BEAR FRUIT

HAS ANYONE TOLD KERMIT THAT HIS ORIGINAL HOME IS GOING ON THE MARKET?

KATIE’S PAMPERED PAD SELLS AT A DISCOUNT FROM $12.9 MILLION ASKING PRICE A YEAR AGO

SPORTS EXEC SCORES A NEW $4.2 MILLION HOME ON UPPER EAST SIDE

IS SEXY VILLAGE PENTHOUSE REALLY HERS?

CONTRACT PRICE OF BROOKE’S HOME TRICKLES WAY DOWN FROM ORIGINAL $46 MILLION ASK

PRICES DROP 1.8 PERCENT FROM NOVEMBER TO DECEMBER

BUT TRADE GROUP REPORTS GAINS IN PRICE AND VOLUME FOR RE-SALES DURING FOURTH QUARTER

ALL-CASH PURCHASES LIFT HOUSING

RESPECTED MOODY’S ECONOMIST SAYS IT’S A GOOD TIME TO BUY–IF YOU CAN GET A MORTGAGE

RATES REACH HIGHEST LEVEL SINCE APRIL, TOPPING 5 PERCENT

ADMINISTRATION’S PROPOSAL TO PHASE OUT FANNIE, FREDDIE EXPECTED TO RAISE BORROWING COSTS EVEN HIGHER

BE PREPARED FOR A ‘FINANCIAL COLONOSCOPY’ WHILE WAITING FOR YOUR CLOSING

RISING RATES DEPRESS LOAN APPLICATIONS

UP 1 PERCENT FROM DECEMBER, JANUARY FORECLOSURES DIPS 17 PERCENT BELOW A YEAR EARLIER

VINTAGE HOMES IN CONNECTICUT LOSE THEIR APPEAL

IF BARS AND SINGLES MIX WELL, YOU PROBABLY CAN GUESS TRAVEL & LEISURE’S BEST CITIES FOR THE UNATTACHED

CONSIDER RECLAIMED WOOD FOR GREEN FLOORS

WOE BE TO THE DUST FIGHTERS AMONG US

RESPECTED HOUSING ECONOMIST SAYS NUMBER OF VACANT UNITS HAS BEEN GREATLY OVERSTATED

MORTGAGE DELINQUENCIES FELL IN 2010, BUT SUPPLY OF FORECLOSED PROPERTIES GREW

SHOCKINGLY, BORROWERS SAY MORTGAGE PROCESS IS TOO CHALLENGING

WOMEN ARE FROM PLENTY OF STORAGE AND MEN ARE FROM KING-SIZE BEDS, FINDS A SURVEY OF WHAT MAKES A HAPPY HOME

STRENGTH OF HOUSING MARKET DEPENDS ON WHICH STATISTICS YOU TRUST

ROBERT SHILLER SEES LITTLE CHANCE OF ANOTHER HOUSING BUBBLE SOON

AND A BROKERAGE COMPANY’S BEARISH EXECUTIVE SAYS ITS HISTORY SUGGESTS THE MARKET HAS TAKEN A POSITIVE TURN

BUT FEARS GROW THAT RISING INTEREST RATES WILL CHALLENGE HOUSING’S RECOVERY

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 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
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