Weekly Roundup: Condo inventory, rents, pet scams, best markets for sellers or buyers, retirees’ downsizing, consumers’ outlook

Next Weekly Roundup Jan. 4

Tastes downtown changing from industrial lofts, glass boxes

More evidence that developers adding to supply of condos

There’s nothing like decisions on art to stir the pot of acrimony in condos, co-ops

Real estate licensees rebound to 27,000 in the city alone

Manhattan’s median rent edges up in November

When buildings bar a pet, lawyers say, residents suddenly claim disabilities

High living costs cause half of population to contemplate leaving Long Island

Southampton home owned by TV news personality and actress wife goes quickly to contract

Author achieves perfect sale of Manhattan condo

Pair finds buyer of Upper East Side one-bedroom apartment in amazing time

 

Strongest sellers’ markets in California, Southwest, while metros in Midwest, Mid-Atlantic best for buyers

Lender finds that two-thirds of borrowers refinance for same term as original loan

Application activity for purchase, refinance posts healthy gains

Is it still news that rates have hardly changed from historic lows?

Independent brokers enjoyed 15 percent more profit on each new loan from Q2 to Q3

Credit unions can be attractive alternative to other lenders

More churches selling properties to residential developers

Financiers bet on rental housing

For retirees, downsizing not always the best option

Art and real estate mix into appealing cocktail for wealthy buyers in Miami

Developers responding to demand turn to local pubs, but not for a pint

Calls to flood insurers pick up from homeowners in Sandy’s wake

Replacing wood floors in pre-war apartments takes time and, of course, money

Choose wisely when picking a sink

Three high-tech ways to make moving easier, cheaper

Paste wax or polishing compound might remove scratches from glass tabletops

Consumers attitudes toward housing market gather positive momentum

Rate of moving rises over last year’s record low while remaining slow for 18-29-year olds

All-cash purchases, absentee buyers at nearly twice their historic 12-year averages

93 percent of millennial renters plan to buy a home someday

Many homeowners favor automation less for robots than security

Census Bureau projects nation becoming older, more diverse in half century

Freddie foresees continued low interest rates for six months, strengthening property values

Investors could cause rise in prices but then a dip in some regions

Will inventory bottom next year and more predictions from Trulia’s economist

You have the option to search privately for all New York City properties here, 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 will resume posting on Mondays or Tuesdays following the holidays.  I hope that you will look for some of my most popular posts, follow me on Twitter and check out Facebook until then.  And, of course, best wishes for a happy New Year!

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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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