Weekly Roundup: Buyer timing, tight inventory, rise in home equity, foreclosure nightmare, bedroom makeover, status of recovery. . . more

Digitized offering plans catch on with developers

Bloomberg News: Now best time in almost six years to buy in Manhattan

Daily News provides outlook for sales, rental markets throughout city

Appeals court rules against return of $300,000 deposit to buyer who intentionally flunked co-op board interview

Homeowners entitled to property-tax exemptions may see temporary increases until backlog cleared

When it comes to taxes, old shelters are the bomb

Speak softly and carry a big tip

Four Brooklyn zips on list showing biggest increases in white residents in U.S.

French fashion designer sells Chelsea penthouse for $7.89 million

Hannah’s ‘mom’ buys one-bedroom co-op in Brooklyn Heights

Lead-singer, lyricist of disbanded rock group hopes to score big on sale of Tribeca loft

Casino kingpin in $70 million penthouse deal

Miami sales cool, except for the multi-million-dollar luxury market

10 prime markets for first-time homebuyers

Tight supply in Los Angeles promotes fierce competitive bidding

Why aren’t more homes on the market?

Sellers’ asking prices leap in May

Down from 100, changed mix of 80 housing markets said to be ‘affordable’ in May

Inventory notches up from April but shrinks 20 percent from a year earlier

Shadow inventory of existing homes declines 15 percent year over year

Loan application volume increases sharply

Mortgage brokers still have an image problem

Americans see biggest jump in home equity in 60 years

Foreclosures up for first time in 27 months

Rates reverse course by modest amount

Volatility, unpredictability suggest that borrowers should consider lock-ins

Foreclosure purchases becomes nightmare for one family

Texas law, police say they can’t force long-term visitor from home for sale

University report warns of steep increases in number of young British families unable to buy their own home

You can safely open your home to strangers and see the world

Investors who buy foreclosures as single-family rentals already cashing out to meet demand growth

Now at $6.9 million, Las Vegas estate is 75 percent below original asking price

Well, gosh, it’s a buyer’s market in Italy

Congress reveals lawmakers’ personal mortgages for first time

To make over a bedroom on a budget, start by keeping in mind that you want a room that is functional

Distraction is key to minimizing impact of views of air shafts

Competition between cable companies, online video services actually could raise consumer costs

Housing bust largely responsible for plunge in families’ net worth

Optimistic real estate professionals outnumber U.S. public two-to-one

Mortgage interest deduction pads lender profits

All-in costs of homeownership no more favorable than five years ago

Economists consider where was, is, will be that bottom

Harvard report finds nascent housing revival that only sustained job growth can continue

The same report finds sprawl poised for comeback

You have the option to 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 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
Web site

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