Weekly Roundup: NYC quarterly reports out, U.S. rents and prices rising, loan rates reach new lows

Because of the Independence Day holiday, this abbreviated post contains only the past week’s most essential news.

Manhattan market holding steady, Times reports

It’s taking a breather, says Wall Street Journal

City, state officials say they plan ‘landmark’ legislation to cut apartment owners’ taxes

The Real Deal maps out all major Manhattan, Brooklyn for-sale buildings with at least 5 sponsor units still listed

Wells Fargo dominates mortgage market

Confidentiality can be an exercise in futility at high end

Gap between market-rate and rent-stabilized apartments makes them harder than ever to snag

Wife of composing wizard closes on 1BR unit in Trump building

Are you buying from me?

Home prices rise for third consecutive month

Asking prices tick up 0.3 percent in June from previous month and year

DataQuick records soaring sales in month ended July 5 versus one year earlier along with median price increase of 6 percent

With vacancies decreasing, rents keep going up

Federal Housing Administration rescinds tough new rules on mortgage applicants

Rates dip to new record lows

Refi activity drops as volume of purchase applications continue sideways

Pet stores can be quiet as mice about drawbacks of buying an animal

Indoor look moves outside

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
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