Weekly Roundup: Starters hot, U.S. prices rise, rates tick up, foreclosures drop, Houston’s cool

Weekly Roundup returns after Labor Day, but. . .

. . . you may want to check back here for occasional posts and keep current via Facebook or Twitter (below)

Wells Fargo provides mortgages to one-fifth of the city’s borrowers

July sales of starter apartments grow 30.5 percent over previous year

Sales of new Manhattan condos up in second quarter, but median price sinks

Lesbian couple get both names on lease after months-long battle, threatened lawsuit

Report suggests property tax evasion widespread

Swimmer whose name rhymes with ‘hike’ selling Baltimore condo

Singing couple proves that money talks with their $400,000 Hamptons rental

Actress orders purchase of Upper West Side townhouse for $10.7 million

Grammy winner’s condo on the Bowery finds buyer after 5 percent markdown

Late pop artist’s lofty domain goes on the market in SoHo

One of late heiress’ Fifth Avenue apartments is under contract — again

Case-Shiller records significant price gains from year ago

Strength of apartment sector continues unabated

Chinese record fastest growth among foreign buyers of U.S. homes

Forbes lists summer’s hot markets

Orlando is nation’s emptiest city

Rates tick up after string of record lows

New scoring raises credit levels, but loans may still be out of reach

Because investors add risks to lenders, they pay the price

Completed foreclosures down 24 percent from year ago

Buyers can help assure that appraisal doesn’t fall short

Refinance activity reaches three-year high, but purchase volume ebbs

81 percent of borrowers who refinanced in Q2 cut or maintained mortgage debt

Serious delinquencies decline in June, but all delinquencies up in July

Comment period on proposed new loan disclosure forms ends Nov. 6

Some brokers resort to extreme measures in attempting to sell property

Houston called the capital of cool in the U.S. — Houston?

Mobile app helps individuals decide where their salary goes farthest

Single-family rentals ignite management boom

Taking condo for test drive before purchase gains in popularity

Realtor group launches massive campaign to ‘educate’ public on homeownership policies

Buffett’s bet on U.S. housing paying off

Journalist explains why he took the plunge and bought new home

Prices in London’s prime neighborhoods climb 49 percent higher than 2009 trough

British government puts tax squeeze on those high-end properties way in excess of levies that purchasers pay in New York City

Yellow trending popular

Organize linen closet by emptying it first

Korean designs couch only a cat lover could love, except for a cat

Census Bureau reports homeownership up a tad, but number questionable

Analysis calls into doubt conventional wisdom about real estate values in Olympics host cities

Making sense of housing reports means getting into the weeds

There is both a housing glut and a shortage

Metric called ‘breakeven horizon’ may be useful in comparing rent vs. buy

Only third of investors in mortgage bonds tell JPMorgan Securities that they expect significant price growth soon

Skepticism persists about housing’s recovery

Economy tempers optimism about housing’s future

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 even this month. You also may want to see my critiques of properties that I visit in Out and About, which I will post this Monday and again after Labor Day.

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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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