Weekly Roundup: Brooklyn, inventory, bidding strategy, prices, Airbnb, interest rates, owning vs. renting, inspired renovating and much more

Brooklyn’s fast-climbing home prices make it nearly as expensive as Manhattan

Transaction volume strongest in years, even with diminished supply

Graphic demonstrates depth of Manhattan inventory

Bicycles becoming new amenity in some buildings

Permits for new residential buildings skyrocket in first quarter

In this seller’s market, every minute counts

So does the right strategy in a bidding war

‘Hybrid’ home-seekers on the hunt

Prices in the Hamptons luxury market still below boom-time levels

U.S. Marshals unload properties of all shapes, sizes

Construction under way of 84-sf ‘house’ made with mushroom insulation

Real estate broker accuses ‘Baby Jane’ Holzer in lawsuit of cheating her out of $720,000

Airbnb takes up case against the city on renter’s behalf

Supermodel lists condo in Metropolitan Tower for $5.5 million

Hip-hop mogul quietly selling downtown bachelor pad with quirky features

Walking Dead star climbing up from his condo in Little Italy to building’s penthouse

Judge sentences buyer to $8.5 million payment for her posh pied-à-terre in the Sherry Netherland

Save director’s bank account by renting his Malibu beach compound for $125,000 a month

House prices up 12.1 percent from April to April

Rise in prices attributed to Wall Street investors

Asking prices increase too as rents abate

Cash buyers, low mortgage rates, growing consumer confidence pushing up luxury housing market

55 percent below 2006 peak, private residential construction spending 36 percent above post-bubble low

Fed’s Beige Book reports strong housing activity in all districts

NAHB’s list of improving markets drops 24, adds 29 for net of five

Rates continue to climb, reaching 3.91 percent for 30-year fixed-rate loan

Immigration reform could be boon to real estate and markets

‘Serious’ delinquency rates at lowest level since early 2009

HSBC sued over foreclosure practices

Loan activity sinks as rates keep rising

Sales of foreclosed properties in some states highest since 2010

Alleged kickbacks paid by home buyers get attention from federal agency

Google cameras precede tax man in Lithuania

Builders planning to flip now experiment with having buyers weigh in before renovations

New York City not only metropolis hungry for micro living

Compensation rising at fastest pace in nearly a decade for members of National Association of Realtors, of whom there are few in New York City

The more expensive the home, the more real estate agents go on and on in descriptions

Bears punish builders of homes

Resolving government discrimination complaint, Wells to invest $39 million to support home ownership in 45 communities

Investors show renewed interest in mortgage-backed securities

Sources abound for inspired renovation plans

Foyers can provide grand entrance

Exhaust hoods now combine attractive designs with new technology while putting dash of color in kitchens

Census Bureau documents increasing size of single-family homes, other characteristics as well

Question thoughtfully explored of impact on employment of owning vs. renting

Household net worth at record high

Rising mortgage rates could add fuel to hot housing markets or at least sustain recovery, say the Los Angeles Times and the Wall Street Journal

Nearly half of real estate investors expect to purchase fewer rental houses in next 12 months

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
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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