Update: Prices, sales of new condos post healthy year-over-year increases in Manhattan
Demand for ultraluxury apartments outpaces modest units
Report finds 7.2 percent rise in January rents from a year earlier in Manhattan
No ceiling in sight for rentals, the Times declares
But a City Journal editor begs — make that demands — to differ
As appraisal executive says it’s the editor who’s wrong
Only on a mere few days can some see forever
The cover of an offering plan may signal the sort of big trouble that some Brooklyn buyers encountered
Chart details widening spread between very top and bottom of the market
410 residential properties now rid of most major violations
Analytics firm says tri-state area is at very high risk of mortgage fraud
Check out a Central Park West mansion that rents for only $110,000 a . . . month
The gaps yawn among lobby functionaries
Walls may not speak, but they might reveal secret spaces
Three years after listing 5,000-sf SoHo loft for $5.495 million, actor unloads it for $3.6 million
Broker seeks to capitalize on Whitney’s death in sale of her New Jersey home
Buyer of late actress’s Sutton Place co-op strikes golden deal
Lingering on the other coast, he offers nightly rental of condo with two bedrooms, kitchen and synk
Home construction bumps up 9.9 percent over January 2011
But economists aren’t exactly jumping for joy (or sounding depressed)
Tight inventory of quality properties helps keep floor on prices — for now
Mom-and-pop investors prop up market
Affordability index for families earning $64,200 median income hits 20-year high
Rates persist at all-time low for third week
Consumer agency issues prototype mortgage form to improve disclosures
Fixed-rate loans accounted for nearly all refinancings in Q4
Volume of purchase loans continues its steep descent
Foreclosure activity edges higher in January
Mortgage delinquencies decline in last quarter
Short-timers may do better with a hybrid ARM than a fixed-rate loan
Bernanke urges action to heal housing markets
California homeowner collects $2,000 monthly for turning home into billboard
Turkey tops list of European cities best for investment
Zurich overtakes Tokyo as most expensive for residents, leaves U.S. cities in the dust
Atlanta remains DIY movers’ destination of choice
REITS starting to enjoy strong prospects
12-year-old raises enough money to save grandma’s home
Obama budget calls for $6 billion to expand home energy retrofits
If you’ve managed never to paint a wall, there’s a right way
Why pay for fixes you can do yourself?
Remodeling index posts big increase, 26th consecutive month of year-over-year gains
While staying in the dumps, builders’ confidence edges up again
Lender settlement on foreclosure abuses could spur long-term housing recovery
Short sales, other measures could solve housing crisis
Construction of single-family homes, apartment buildings expected to rebound in 2012
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 will post on Tuesday because of President’s Day.
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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
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