Weekly Roundup: Wallstreeters retreat, actor is defiant, affordability spreads, predictions vary

Financial services sector is producing fewer buyers and renters

Some neighborhoods are much tighter than others

Not much relief anticipated for renters in tough market

You have options for a neighbor who drives you nuts

Foreclosures fall citywide, despite more co-ops for 4th straight month

Long Island City way past the tipping point

Grammy winner and wife buy Greenwich Village penthouse

Presidential relationship hardly helps sale of former Avedon townhouse

Actor makes no friends in the East Village, where he destroys antique building to be designated landmark

Builders’ group once again expands list of markets it says are improving

Government’s housing scorecard reports ‘mixed bag’ for January

Wall Street Journal graphically compares eight reports on house prices

Nobody knows the amount of ‘shadow’ inventory, but Time says it’s killing the market

There may be no better time than now to refinance

So low interest rates cause surge in refi volume, but purchase activity is flat

Citi halts work with mortgage brokers, driving another nail into their coffin

Completed foreclosures in 2011 plunge 24 percent from 2010 owing to robo-signing issues

20-year mortgage is third favorite loan these days

New interactive map provides information about individual schools

Afraid of missing the boat, New Yorkers again head to Florida

Novice investors should focus first on location

And it’s not too soon for investors to prepare for 2013 tax changes

Homeowners can take advantage of up to four deductions when filing returns for 2011

First-time homebuyers tend to make the same mistakes

Squatter kicked out of the $340,000 home that he had lived in since June for $16

Installing a forbidden washing machine creates significant risk

When adding laundry to a bathroom, begin by locating existing plumbing

Painting a straight line on a textured surface is easy when you know how

Most Americans in Fannie Mae survey expect 1 percent price improvement this year

While hardly jubilant, builders feel a little better about market for ‘mature’ buyers

Calculated Risk declares one bottom has arrived and another due next month

Others express at least cautious optimism

At builders’ convention, chastened economists hedge on future

Zillow expects 3.7 percent decline in prices this year, less than in 2011

Analysts predict investment in residential property will will grow twice GDP rate this year

You can search for all 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

Web site

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