Weekly Roundup: Inventory effects, moving actors, price gain questions, dubious lenders, N.J. condos, renovation tips, divergent forecasts

Despite short supply, citywide sales rise in 2012

Median Manhattan rent reaches $3,195 as sales inventory dwindles

23 new developments hitting market this spring

Closet space can account for substantial price differences

Lottery opened for affordable rentals in new luxe UWS building near Fairway

Auction scheduled for lakefront home in Copake

As supply becomes scarce, price growth is modest in Queens

Actor’s strategy for exiting Manhattan is move to Brooklyn

Greenwich Village home of classical music icon on market for $2.8 million

Here comes the profit for an actor who hopefully lists Encino estate for $5.49 million

Slashing price, actress and hubby take step to sell Palm Springs compound

Good luck to energetic actor hunting for buyer of Miami Beach mansion with $20 million asking price

Goldman economists question amount of last year’s price gains, but an expert doubts the analysis

Inventory goes up modestly in March

Supply of just existing homes available for resale up 8.5 percent year to date

Near 65-year record low, rates edge down again

Biggest source of complaints to new federal agency is. . . guess what

Low appraisals hinder sales in Detroit

Foreclosure filings in Q1 plummet to six-year low

Falling refi activity offsets growth in loan applications for purchase

Foreclosure and delinquency rates continue to improve but at slower pace

Settlement could reduce premiums of force- or lender-placed insurance for borrowers with lapsed homeowners’ policies

Some historians, homeowners embracing 70s and bringing groovy back to real estate

Art playing complex role in marketing high-end real estate

Swelling demand warms up condo market in New Jersey

It is harder to buy a foreclosure these days

House in ABC’s ‘Nashville’ listed for $19.5 million

Money magazine offers ‘smart’ strategies for buyers, sellers and owners in today’s market

Rebounding housing market sparks sharp rise in land prices

Multigenerational housing here to stay

App-based technology making it easier, less costly, to automate everything

Yes, you can. . . put a washer/dryer into your apartment — if you know how to proceed

First thing to do before undertaking home renovations is only the beginning 

Fannie: Consumer confidence in the housing recovery remains firm

Ranks of real estate appraisers getting thinner and grayer

Conferees in Dallas offer diverse forecasts

Saying housing recovery is mirage, analyst predicts serious delinquency crisis

Price gains could outpace income growth, raising prices to unaffordable levels

Analyst sees signs that housing demand cooling

Zillow expects Case-Shiller to show year-to-year 8.9 percent price increase for February and worries about impact of expected rise in interest rates

Lenders express increased optimism about home prices

JPMorgan Chase foresees 7 percent growth in home prices this year

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 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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