Weekly Roundup: Price indices are down, or up

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, which I postponed to bloviate on pressing news, early next week.

Scraping up cash, convict’s brother puts his Long Island mansion on the market

He directs that his Los Angeles home be sold for $10.9 million

Case-Shiller has single-family house prices dropping to mid-2002 levels, a new  low since then

A Wall Street Journal writer puts the numbers in perspective

Monthly index of home prices increases 0.7 percent in April

30-year mortgage dips to new low of 4.55 percent in 7th week of declining rates

Serious loan delinquencies slip below March and one year earlier

Volume of loan applications turns down

Consumers can have lenders considers ‘alternative’ credit data

Fewer Americans dream of home ownership, the Times observes

Creator of floor plans acknowledges a bit of fudging

Miami’s housing bust generates a rental boomlet downtown

When moving, begin with a game plan for your pets

Stable employment, fewer foreclosures and numerous house hunters boost the D.C. market



Resist the temptation to buy all your furniture at once after a move and pick pieces that will endure

Since a sponge won’t sop up bacteria, consider a host of gadgets

A bouncing bottom may be the housing market’s future for a while

Bank policies may prove to be the best indicator of the bottom, suggests Radar Logic

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

Malcolm@ServiceYouCanTrust.com
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