Weekly Roundup: Beresford auction, Brooklyn’s Manhattanization, latest market stats, celeb moves, same old loan limits, staging errors

Question facing downtown is whether hurricane stigma short-term phenomenon

Value of views depends on what you see and from what height

Mitchell-Lama program originally aimed to help ‘blighted’ neighborhoods

It is possible to double-check suspicious prices in city’s property records

Foreclosure auction scheduled for Beresford co-op listed for $7.35 million

Residential buildings largely account for 17 percent growth of stalled construction

Price data show ‘Manhattanization’ of condos in hot Brooklyn neighborhoods

Banks hesitant to offer financing for co-ops in buildings with only five or 10 units

Stuyvesant Town tenants reach $68 million settlement with controlling company

Pop queen’s Central Park West duplex is listed for $23.5 million

Actor in search of buyer for Chelsea penthouse finds one after two years

Actress and celebrated hubby land new homeowner for SoHo loft

Multi-talented musician rids himself of Tribeca penthouse for $5.8 million

Super-selling author finds buyer for Edinburgh manse in just three weeks

And supermodel love interest of actor purchases $2 million Greenwich Village apartment

Case-Shiller reports 3 percent price growth in September since 2011, but NYC region slips

Chart details price changes ranging between -2.3 percent to +20.4 percent

Sales of new homes up 17.2 percent from October 1011, inventory edges higher

Number of signed contracts in October climbs above September and same month last year

Solid results found for resales in October

Monthly gain in October prices is largest since September of 2006

LPS’ price index for September records 3.6 increase in a year

Federal agency documents eight months of price increases

Market 47 percent back to “normal” vs. 25 percent in October

WSJ: Latest statistics suggest better balanced U.S. market

Conforming loan limits to remain $417,000-625,500

Loosening credit propels sales of higher-end properties

U.S. agencies discover some companies trying to impersonate federal government in ads

Interest deduction under continued scrutiny in Washington

Rates virtually unchanged near record lows

Delinquencies down in October, portion in foreclosure process at 38-month low

Loan activity for purchases increases 3 percent over prior week

Investors looking for high returns lending money to borrowers who can’t or won’t use bank

Five causes said to account for rising prices

Builders of new homes starting to accommodate needs of extended families

Ranch houses in 50s style in vogue again

Columnist identifies nine of the worst staging decisions ever made

Real estate market among first sectors to attract serious investor attention in Myanmar

If you stint on finishes, Benjamin Franklin may keep coming to mind

It may be possible to repair carpeting afflicted with stains, tears, burns or loose areas

Apps can aid D.I.Y. home repairs, search for pros to do it themselves

Exposed brick walls require care

Consider hiring pro and six other tips for wallpapering your home

Lighten up. . . your kitchen

Children not only ones caught in divorce, appraisers find

When computing monthly expenses, the wise homebuyer calculates rising cost of commuting

Hourly cost of sunshine in the warm-weather vacation spots attains high of $3,339

When it comes to picking materials in home construction, it all depends on where you live

Prices probably bottomed earlier this year, decides CalculatedRisk’s Bill McBride

Third-quarter strength implies weaker outlook

Foreclosed properties expected to experience higher sales, lower prices from last year to this

Having supported housing demand, sales and prices, institutional investors may reduce purchases and weaken results

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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