Weekly Roundup: U.S. stats sadden economists, Big Apple market seems stable, so much more!

Sales of luxury apartments buoy Manhattan market, suggesting Q3 reports will document ‘remarkable stability’

Before suing your co-op, it pays to get the facts right

Rents edge up again this month

But at least now you can find no-fee apartments on a cool map

Or check out a cool statistical infographic on our ‘city of renters’

Unless you have $1,600 to spare, think twice about renting out your apartment for less than a month

Seven tips for finding a great general contractor merit a look

Downtown Manhattan loft market is up a bit over 2007, the strongest full year in Manhattan residential real estate history, says broker/blogger Sandy Mattingly

In fraught market, buyers are still buying. . . with frayed nerves

The verdict is in: Only the most innocent buyers would fail to hire a lawyer for their purchase of property

Long Island mansion finally sells after high-profile owner hacks price

If he really collects 50% more than he paid in 2009 for his newly listed condo, this guy will be the stuff of legends

Still out of England, comedian adds to his Barbizon holdings to the tune of $3.75 million

Estate of notorious Beatles’ and Stones’ figure rakes in $4.6 for his apartment and adjacent one

Only playing a billionaire bad boy on TV, he rents just a 1-bedroom unit in Williamsburg (2nd item)

Actor who captained a ship, may have been ready to deep-six his co-op board after two buyer turndowns (3rd item)

Retired Miami Heat player lists Coral Gables estate for $14.5 million

Up from a year earlier, sales volume of new homes remains in a trough, supply inches up and pace could lead to a historic annual low

D.C. region tops list of 15 highest-performing areas

Case-Shiller reports seasonal price increases for single-family homes in entire regions

Shadow inventory eases but expected to remain elevated for quite some time

Pending home sales dip from July to August but grow 7.7% higher than same time last year

Fixed-rate loans have never ever been lower

So applications to borrow funds for purchase go up 2.6% and re-fi activity jumps 11.2%

Delinquencies tick up from Q1 to Q2 in typical seasonal fashion, though official expresses concern

Don’t expect housing bargains overseas

Increase in job opportunities for young professionals reflects industry’s improving job market

Flipping flops with investors

To anchor shelves, you need to know how to screw what into where

Engineered floors enjoy increasing popularity, but they’re not for everyone

Staging an apartment for sale is especially beneficial if it’s empty

Insurance against decline in home values becomes available in Ohio for starters — oh, except for last five years

If you’re considering a new washer or dryer, the Washington Post offers useful info

For first-time buyers, the allure of short sales is diminished

Real estate professionals indicate slightly rising confidence about resales, but euphoric they are not

Some economists see little to cheer in latest Case-Shiller numbers

Freddie Mac’s new forecast says many potential homeowners will choose to rent despite high affordability

Calling the home-buying season a ‘bust,’ Builder site has economists expressing pessimistic outlooks

Latest pending sales statistic gives economists pause

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
Web site

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