Weekly Roundup: Rates, sales, foreclosures drop

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.

If you can’t get enough of Charlie Sheen, read about his new purchase

Buyer inks contract for caricaturist’s townhouse after a win in competitive bidding

This Lincoln lists a house that is no log cabin

Quarterback receives contract two and a half years after putting his 74th-floor condo on the market

Shoe designer is having trouble deciding on the right size

Appropriately, undisclosed couple steals serial killer’s Long Island home for a third below original asking price

She seeking a good buyer, who who pay $12.5 million for a West Village townhouse

January’s pending home sales fall 28 percent, indicating sluggish months ahead

Fed’s Beige Book finds that sales and construction remain at low levels nationwide

New foreclosures drop, outnumbering sales of distressed properties, so foreclosures total rises

And serious delinquencies fall in December and January

Bank regulators push for bigger down payment for loans even to lower-risk borrowers

30-year fixed-rate mortgage drops for third week in a row

Mortgage activity nosedives during week of Presidents’ Day

Ground will be broken March 25 for dream of a green house that generates as much energy as it uses

New Haven-area residents aim for co-housing development

Aging in place gains in popularity

Fewer Americans than one year and longer ago see home purchase a safe investment

If you lived “here,” you’d be rich by now

Only the credulous would take seriously a study that has Athens as the most flirtatious city and New York among the least

Discovering that all real estate is local, Journal asks whether it’s time to buy and. . .

. . . Says there are five signs that suggest the time is right

Borrowing costs have only one way to go

Era of the 30-year mortgage could be coming to an end, causing much higher interest rates

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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