Weekly Roundup: Starter units hot, lenders tough

Happy holidays!

Rising rents boost sales of starter apartments in first quarter

Manhattan neighborhoods vary markedly in price, sales volume

Court ruling could lead to new wave of personal-injury lawsuits for mold injuries

Dozens of developments planned in the Hudson Yards district 

Quality of life complaints — and litigation — soar in co-ops, condos

Most transaction volume is recorded for any March since 2008

Developers again invest in lobbies of residential buildings

In-house libraries prove to be low-cost amenity that please residents of new buildings

With prices nudging relative realism, Hamptons market recovering

How much do you want to see that river?

Rents uncharacteristically hold steady through winter

Latin American music ‘legend’ pays $15.2 million for Florida house he’ll demolish next to his vacant lot

Former Warhol ‘superstar’ sues on claim she was duped in Dubai with $2 million purchase

Russian starlet lists Time Warner perch for $50 million

She’s sells Midtown penthouse for O so much $$$ to hedge fund exec

Estates put on market homes of two TV personalities [2nd, 3rd items]

Residential construction is flat in February

Investors seek to buy homes by the thousands

Trulia finds rise in asking price in its new gauge

Yep, Russians continue to park billions of dollars in U.S. real estate

Apartment vacancy rate falls to decade’s low, pushing up rents

Rents in Sarasota, Fla. post biggest percentage gain of 10 cities with biggest increases

11 cities added, 9 dropped from index showing  improvement from troughs in housing permits

CoreLogic price index in February falls to new post-bubble low, including distressed homes, but rate decelerating

Existing Home Inventory declines 20% year-over-year in early April

30-year fixed-rate mortgage remains below 4 percent for second week

Reversing course, foreclosure starts, sales drop in February

Lending standards tighter than ever

Loan applications for purchase and refinancing register 4.8 percent increase over previous week

Rate lock-ins can provide buyers with peace of mind

Nearly one-third of real estate agents report contract cancellations in 2011

Timeshare owners increasingly appear to be desperate

For some Americans, buying a home doesn’t make sense

But others find that buying is better than renting

New house is built on a wing and some flair

Fed says banks may continue to rent out foreclosed properties

Nation ill-prepared to house population as it ages, report concludes

Divorce complicates Russian billionaire’s U.S. property purchases

Key to folding in mid-century modern piece into otherwise different décor is common link or language

Organizing guru gives advice on decluttering, improving productivity

Only 24 cities among 50 fastest growing ones in 2010 Census still meet that standard

10 U.S. cities record population gains of 30 percent or more in the decade ending in 2010

Clear Capital predicts modest home price gains for 2012

Blogger questions stability of market’s bottom

Wells Fargo sees prices reaching nadir this year

Prices of repossessed homes could plummet in 2012

Eradication of foreclosures will lead this housing market into paralysis, analyst contends

Jamie Dimon explains why ‘it’s just a matter of time’ before housing’s turnaround if not already here

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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