Weekly Roundup: Manhattan market improves, pending U.S. sales surge, rates still low, more

Take your pick of predictions of the Big Apple’s housing market

NYU says property values approach peak in Manhattan, only borough where prices higher than the last year

Couch potatoes would do well to avoid some buildings

Foreclosures in October decline for fifth consecutive month

Number of Manhattan condo sales barely budges over one month or a year

Tribeca and SoHo most expensive neighborhoods in Q3

Developers target sales commissions for themselves

New program helps buyers of foreclosed homes

Seven signs that it’s time to jettison your broker

Strong rental market generally stable in November

Dominated by residential construction, number of stalled sites shrinks

November sales in Manhattan rise above October but not two prior years, supply dips

Perhaps the stars will shine through clear skies on this $5.5 million listing

Price cut on actor’s home ranks among the big shockers

One of the Vikings conquers Manhattan with purchase of $19 million co-op, and you can see it here

She’s packing up her polo shirts and penny loafers after selling apartment on East End Avenue

Chef cooks up sale of townhouse for $15 million

Player for Dallas Mavericks in contract for two-acre Hamptons mansion

Former head of U.S. budget office cuts asking price of Greenwich estate to under $20 million (3rd item)

Median price of new homes at lowest level in eight years

Prices of all single-family homes slip 3.9% in Q3 from one year earlier

Inventory edges down as sales of new homes tick up

But increasing affordability hasn’t much helped the market

Economists weigh in on what it all means

Pending home sales surge from September of 2010 and 2011, though economists aren’t exactly euphoric

FHA jumbo-loan limit goes up to $729,750 again

Having someone co-sign your loan can produce complications

Loan applications dive 11.7% during Thanksgiving week

Rates for 30-year-fixed loan still hover around 4%

10.7 million properties are underwater in Q3, somewhat fewer than in Q2

Mortgages in foreclosure process reach all-time high

Property-managment business enjoys robust growth for a change

Energy costs expected to rise this winter

Popular retiree havens go on sale

Hong Kong, Estonia (!), India (!) tops list of fast-rising real estate prices

Undisclosed international buyer successfully bids an unknown amount for vintage wine-country property

Don’t expect a very good rug to be on sale

Quiz helps you label your taste in the tragic event that you don’t already know it

Humidifiers are the answer to the curse of winter’s dryness

Best removed sooner than later, those pesky paint spatters can be made to disappear

Boomers eager to help offspring purchase homes

Will U.S. prices rebound from undervaluation and global prices fall in overvalued markets?

Radar Logic sees encouraging signs in its latest report

You can search for all available 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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