Weekly Roundup: Cautious pessimism prevails

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.

Why did the comedian cross the park?

Some celebrities are the biggest losers

Austin is his new vantage point

Number of sales of new homes plunges to record low in February

Cities with inventory growth outnumber those with flat or falling supply

There are no birds at all in more and more nests

Absorption of previously owned homes rises a bit in February from a year earlier

Less expensive homes post 0.3 percent price declines from December to January

January prices fall to lowest level since the nation’s housing bubble burst in 2007

Fannie Mae warned of foreclosure problems five years ago

Inflation data cause average rate of 30-year loan to inch up to 4.81 percent

Experts says Good Faith Estimate form falls short of telling borrowers exactly what they will be paying

Loan activity purchase and refinance edges up

Only couples in secure relationships should consider where to retire

And such couples need to ask the right questions

Sellers of big homes will have to fight trend of buyers to seek greener and 10 percent smaller ones by 2015

If soap scum is your biggest problem, thankfully you can get rid of it

Fixes are available for floor tiles, wall bubbles, old kitchen cabinets, fireplaces and more household issues

Shadow inventory can only be estimated on a state-by-state basis

Distressed properties account for enduring gap between sales of previously owned and new homes

Men express more confidence than women about about the direction of their home’s value

How does the spring season look?

And why are analysts cautiously pessimistic about what spring may portend?

Most of 111 economists in a survey had forcast price gains this year, but half now predict price slippage, while a third expect growth

You can search for 20,000 New York City properties listed by various brokers, and 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 StreetNew York, NY 10022

M: 347-886-0248
F: 347-438-3201

Malcolm@ServiceYouCanTrust.com

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