Weekly Roundup: Rising condo taxes, foreclosure woes, price declines, ‘typical’ buyer, much more

Next week, I’ll have just one or two posts and hope that my readers have a very happy Thanksgiving.

Library is great resource for the history of your building

For $1,000 a month, an UWS apartment — uh, room or closet — can be yours!

Yesterday’s buyers in tax-abated buildings come to grips with tomorrow’s escalating costs

More folks moved to the city last year than left it for the first time in decades

A Times columnist tries out Airbnb in the city

City’s wealthy suburbs among nation’s hardest hit by foreclosures

Condos in unbuilt UES development boom as in times gone by

Pre-foreclosure filings in October down 20% from September and 39% from one year earlier

Brooklyn is friendliest borough to (wo)man’s best friend

What is the definition of ‘market value’

Nemo and Mickey join Department of Housing Preservation and Development

WestSideRag posts funny, cutting rant about broker babble

Unemployment rate ticks up, concerning at least one economist

He sees rich people for this Sun Valley listing

Fashion designer works his magic on apartment, hoping for a killing

Disgraced governor unloads D.C. condo (3rd item)

Check out the 10 best celebrity renovations in the Big Apple

Prices in August fall 30% below market peak

Loan applications plummet 10%

Construction of single-family homes still moving sideways

Surprise! NAHB finds that housing hasn’t been more affordable in more than 20 years

The high end hits the auction block

Historically low rates continue for third week

Pace of loan delinquencies falls to lowest level in three years

Having a ‘good’ credit score isn’t any longer good enough to get a mortgage

Aspiring owners of investment property need to beware of a slew of traps

Investors pour billions into professionally managed real estate portfolios

Homebuilders set sights on parents, grandparents and kids living together

With grown children moving back in with parents, household formation and economy suffer

Remodeling index attains seven-year peak, up 34% from September 2010

Please don’t eat the fish

What to make of all those conflicting housing numbers

Good luck figuring out how many homes actually lurk in the shadows

If the typical first-time buyer purchased a 1,570-sf home for $155,000, where and who is that buyer?

Percentage of movers drops to lowest since 1948

Gee, renters in limited survey prefer honest brokers and e-mail communication

Growing income gap shrinks middle-class, changing neighborhood characteristics and segregating poor from rich

Builder confidence soars three whole points, but index is 30 points from optimism

NAR economist sees resales edging up 1% this year

Mortgage rates may gradually rise through next year from historic lows

Money magazine helps buyers, homeowners manage expectations and act accordingly

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.

To take your own bite out of the Big Apple, search for your new home here.

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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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