Weekly Roundup: Resales off from 2011. . . More!

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.

There’s no tin roof on this newly listed Bel-Air estate

Former NYC City Council speaker buys $3 million apartment out of his old district

Cartoonist’s East Side lair sells for $531 million

Actor finally unloads his $5 million condo in Tribeca

She’s leaving Manhattan for homes in three other areas, but Texas is out

April resales ease from March, plunge 12.9 percent from a year earlier

Housing starts are down again, and that’s good for the market’s recovery but not for the economy in the short term

Prices tick up in March, according to one index

Foreigners are gobbling up residential real estate in New York, Miami and elsewhere

Proportion of first-time buyers plunges to 35.7 percent from 43.4 percent a year earlier

Prospective buyers will bear a heavy burden of lowered cap on loans

Rates slip yet again to record for 2011

Loan activity enjoys respectable bounce

Federal government seeks comment on new mortgage disclosure forms designed to protect consumers

Total delinquencies essentially unchanged in first quarter

In D.C.’s stronger market, there are lots of losers

April’s 29 percent  increase in volume since March reveals Singapore’s failure to cool its property market

Should retirees stay put, downsize or get out altogether?

Owners of unsold vacation homes increasingly embrace renting as an option

Change your clocks twice a year, check your credit free once

And if you have shunned the 7 deadly credit sins, you’ll be pleased by that score

Playfulness mingles with social responsibility at furniture fair

First, the kitchen has to fit you

Learn from writer’s experience how to avoid disappearance of your contractor

Home insurance premiums are on the rise

Most recycled carpet padding contains toxic chemicals in recent tests

New service lets you paint by number from your photos without explaining why it’s a good idea

Record number of renters spend more than half their income on housing

Builders remain as glum as they have been for months

Blogger finds that prices are not far above their historic lows and could overshoot on the downside

Numbers crunchers will celebrate this new database of U.S. home sales over half a century

54 percent of adults doubt that housing’s recovery is just around the corner

Unsurprisingly, accurate recovery projections prove to be elusive

Some experts predict 7-10 percent rise in home sales this year

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 Street
New York, NY 10022

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

Web site

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