Weekly Roundup: Rates up in seasonal market

Important housekeeping announcement:  There will be reduced frequency in August until after Labor Day, but you can look forward until then to Out and About, some typically critical posts taken on The High Road, perspectives on sellers and buyers, and other information meant to be both illuminating and, occasionally, even entertaining.  This regular Friday feature will return on September 9, when it will be combined with The Big Apple.

Pending home sales rise for second consecutive month

Sales of new homes continue to move sideways in June

By Case-Shiller’s gauge, May home prices increase normally with seasonality

Economists reflect on the numbers

The Fed see little change in U.S. housing market

Following Treasury yields, rates climb 0.8 points and exceed a year earlier

Self-employed run rigorous obstacle course when seeking mortgage–or fail altogether

Loan activity remains muted

Foreclosures decrease in 84 percent of cities

Suggesting it may be time to buy a vacation home, Wall Street Journal suggests locales

Kiplingers provides its take on the best-value cities of the year

Cash buyers revive Miami market

Follow 8 steps to fix leaky faucet

Don’t stick a spoon into a running blender and other wisdom

Economic uncertainty propels drop in remodeling activity



Sales of distressed houses continues to push up resales while depressing new-home sales

Treasury estimates $37 million in questionable refunds to first-time homebuyers

32 metropolitan areas increased their senior populations by more than 25 percent during the decade of the 2000s

Rural areas loose residents in record numbers

Fed researchers forecast little recovery for builders before 2014

One Fed president: ‘massive supply overhang’ inhibits housing upturn

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.

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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
Web site

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