Three-year extension of rent control becomes law
Area single-family homes experience 2.9 percent drop over 12 months
Trulia says it’s cheaper to rent than buy in Queens
Selling condos to moms and dads often comes down to child’s play
Harlem’s renaissance enjoys revival
Following reports of rent scams by Queens man, attorney general issues Craigslist alert
NYU’s Furman Center documents plunge in Q4 sales
Four landmarks among the city’s oldest
Curbed.com demystifies the meaning of ‘junior 4’ and other peculiarities of our housing market
Astoria outperforms its neighbor and city as a whole
Sales volume shown to be far more volatile than levels of inventory
Developers switch to selling from top down as luxury sales boom
Jury out on financial impact of buying in smoke-free building
Wealthy Russians swerve from high-end purchases in unwelcoming London to receptive Manhattan
Absent dishwasher can be deal breaker these days
Key to singer’s happiness might be sale of Tribeca penthouse for asking price of $17.9 million
More recognizable than most, they pay more rent than most as well
Actor braves Costa Rica market again by relisting 500-acre compound for $29.8 million
Short appraisal has him never saying never for purchase of 9,000-sf California estate
British synthpop musician who founded band pays 7 percent over ask for Brooklyn home
Michael’s home listed again, this time $23.9 million is its offering price
Demand for new homes posts strong gain from prior year and economists give their perspective on the numbers
Characteristically lagging Case-Shiller data record post-bubble low in January
Not so, an analyst maintains, along with Toll Brothers CEO
And low supply causes bidding wars to erupt
Of course, Freddie Mac economist says, averring that market is springing out of dormancy
Real estate valuation firm contends many housing markets hit bottom three (!) years ago
RadarLogic says January numbers suggest sellers’ increasing willingness to compromise
Resales in February rise strongly from same month of 2011
10 markets that lure international buyers
Shadow inventory down in January from year earlier
Recession caused less moving in U.S. and more moving shorter distances, e.g. Manhattan to Bronx
Investment and vacation home sales surge in 2011
Rates slip below 4 percent once again
Weak refi activity drags down loan application volume by 2.7 percent from prior week
Foreclosure rate steady in February
Six states with most mortgage fraud in 2010 retain dubious distinction in 2011
Consumers more likely to make loan payments on cars than on homes
‘Placement pets’ becoming popular buyers’ lure in home staging
Market for housing futures still makes investors yawn
Seven bizarre seller incentives go way beyond cookies, contract contingencies
In competitive situations, love letters sometimes win over sellers
Planning, preparation can ward off movers’ stress and save dough
Public housing project in Paris transformed into pleasing landmark with added balconies
Industry association provides trends in kitchen, bath renovations
Where to splurge, where to skimp if you do renovate that bath
Just 10 percent of Americans plan to move this year
Yet two-thirds of renters in Fannie Mae survey still hope to buy
Builder confidence unchanged at enduringly low level
Economist says full housing recovery won’t occur until end of 2015
But Merrill forecasters turn optimistic and forecast slight gain this year
And Moody’s sees continued price declines until next year
Getting close to bottom, housing market already helps economy, says Jamie Dimon
Consensus forecast projects strong growth in real estate sector through 2014
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
Malcolm@ServiceYouCanTrust.com
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