Weekly Roundup: Reports reveal strong sales, weak supply in Manhattan despite increasingly tough standards for borrowers everywhere

Inventory plunges to seven-year low in Q3, sales strong, prices little changed

Streeteasy finds decline in price cuts, time on market compared with same quarter in 2011

Penthouse owner sues board president on claim she sabotaged $27.5 million co-op sale as revenge for rejected lowball offer

Managing agents say residential building in better shape than years ago, but watching pennies

Enduring family feud, Charles Rutenberg Realty has progressive business model making it Manhattan’s 6th largest brokerage

Life as a 20-percenter isn’t a bed of roses, resident of mixed-income building confesses

Landmarks subcommittee blesses expansion of Upper West Side historic district, clearing way for Council approval

Who will be able to claim credit for 95-story Park Avenue tower soon to be constructed?

Pundit frustrated by cable-TV news sells TriBeCa loft above $1.32 million asking price

Actor trades outer space for outside space in $2.5 million purchase of Park Slope duplex

Aerobic exercise fanatic sells houses, doesn’t she?

Artist lists meticulously renovated home/studio in Fort Greene for $10 million

CoreLogic’s house price index posts 4.6 percent year-over-year gain

Rents still robust, but their growth loses steam

Asking prices increase in September

List of improving housing markets breaches 100, builders’ group reports

Rates slip below record lows for second straight week

Serious delinquency rate declines in August

And foreclosure inventory shrinks to smallest level in two and a half years

Average FICO credit score for successful new borrowers zooms to 750

New York’s attorney general sues JPMorgan, others on claim they understated risks of mortgage-backed securities

Fannie Mae tightens underwriting rules for borderline borrowers, plus condo and refi loans

Refi activity highest since 2009, purchase volume up too

Loan prepayment activity highest in seven years

Investors, second-home owners may face 3.8 percent surtax on property sale

Pining for deported husband, Detroit woman plans raffle of her house to raise $30,000 at $100 per “donation”

Wall Street Journal’s new Mansion section now out

Developers of condos attached to luxury hotels lowering prices to jump-start sluggish sales

Changes to your living room can reflect your style and personality better than ever

First of 10 tips for downsizing is to accept that it’s tough

Take your stuff and shelve it

At 65.5 percent, homeownership rate barely budges from a year earlier

Morgan Stanley revises price forecast upward

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

Web site

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