Weekly Roundup: Wall Street’s impact spreads, musicians move on, bottom glimpsed, prices weak, builders beat forecasts, lowballing fails

Manhattan agents confident about city, but Wall Street’s labor pains may hit suburbs harder

The Edge tops list of new developments with most condo sales in first quarter

New listings search site is nice to users

Refusing to hear case, Supreme Court ensures continuation of rent stabilization

The bind that renters endure is tie that’s tight or liberating

Bedbug complaints waning

Neighbor of ‘Sex and the City’ townhouse sells for $9.85 million

Hamptons activity is flat vs. one year earlier, but median price rises 11.6 percent

Sales of new Brooklyn condos plummet, prices gain with dwindling inventory

While remaining low compared with 31 other metros, region’s foreclosure rate spikes in Q1

UES townhouse at center of two dramas sells for $6 million

City plan loosens retail-zoning restrictions that trouble landlords on Upper West Side

She de-friends her pair of Greenwich Village condos at loss of $500,000

Player cuts old asking price of penthouse in Trump World Tower to $18,000 without admitting earlier error

With new listing, musician proves to be real estate savant

Singer now in Evita takes bath on $10.7 million sale of Miami manse

And wrestler takes beating in $6.2 million sale of Belleair estate listed for $25 million in 2006

Wild and crazy reality-tv celebs unload Malibu house after price chops

Economists declare housing market has reached bottom

Even bears are stirring

Unusually tight spring inventory spurs competitive bidding

Case-Shiller index falls to new post-bubble low as nine metros drop to new records

Exceeding expectations, index of contracted sales climbs to highest point in two years

Slightly improved new-home sales remain pallid

Seventh straight month of decline in February suggests persistent weakening in residential property values

Former Fannie CEO declares it was investors who killed the housing market, not the government

Trulia: Recovery has taken step back after strides forward

Zillow says housing prices have biggest monthly rise in six years

1.9 percent monthly price increase in February lags one year earlier by 3.2 percent, RadarLogic reports

Market conditions continue to improve for apartment industry

Builders’ earnings reports better forecasts

Loan activity plunges 3.8 percent from prior week

Rates tick down to 3.88 percent for 30-year fixed loans

Percentage of delinquent loans declines in March

More than half of major cities post growing number of foreclosures

Would you like a mortgage with your giant box of cereal and oversize jar of mustard?

Many first-time borrowers get turned down because of student loans

LA real estate community hopes to break $100 million barrier

Letting go in both senses of the phrases is key to a good move

Lowballing ineffective in many communities this spring

Self-directed IRA invested in real estate could reap nice returns

There may be more to open houses than meet the eye

Even claiming breach of contract, buyers may well need to purchase eventually

Some nontraded REITs valued at prices far lower than investors had expected

Best way to finance a rental property is to live in it for the first year



Liability insurance could be an issue in regularly renting out apartment or room

‘Smart’ alarms know you’re ready to start the day before you do

Remodeling index is mostly flat in first quarter

Air conditioners provide new features such as sleep mode

Gallup survey records six-point drop in homeownership from last year

It costs more to live near best schools, so advantaged students do better than others

Huffington Post bloggers say housing’s recovery is just a dream on Main Street

And another respected voice shares her pessimistic viewpoint

But economists in NAHB seminar strive for positive outlook

Robert Shiller — yes, that Shiller — casts critical eye on potential effects of another boom in prices

Trend predicted of more moves into rental houses than into apartment buildings

You can search privately for all New York City properties, though 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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