Have a great holiday week! No more posts until July 8.
Foreclosure auction scheduled for co-op in posh River House at end of 18-year legal battle
Metro area’s foreclosures down in April but still above national average
6.2 percent growth in construction spending expected during the year
End of DOMA produces real estate tax benefits for New Yorkers, of course others as well
Analysis of Manhattan prices, sales suggests they’re flatter than apparent in Q2
Actress sees black, not red, in sale of Greenwich Village duplex for $7.45 million
Peripatetic former Dateline anchor settles on condo in Murray Hill
Case-Shiller puts 12-month increase in April prices at 12.1 percent, beating forecasts handily
Another index has April prices up 8.1 percent from one year earlier
Sales of new homes rise in May along with inventory
And what respected blogger Bill McBride makes of it all
Contract activity jumps in May to strongest pace since the end of 2006
Prices increasing faster in cities than in suburbs, especially in ‘gayborhoods’
Housing recovery said to pass 60 percent for first time since crash
Rates for 30-year loans spike to 4.46 percent, highest level in nearly two years
Count on your credit being checked and checked again during loan process
Uncertainty about true loan costs plagues consumers trying to compare competing providers
It’s possible to avoid quagmire of documentation, prolonged approval time when refinancing
Jumbo borrowers shopping for offbeat homes may face challenges in getting loan
Did poor math skills cause subprime meltdown?
New index finds easing of mortgage credit
Refi loan activity nosedives as purchase volume edges up
Legislation would put energy cost savings into underwriting equation
FTC fines mortgage brokerage $7.5 million for violating Do Not Call law
International buyers favor some U.S. housing markets over others
But those international buyers scaling back purchases of homes in U.S.
Owners of vacant land may receive tax benefits
Foreign buyers, executives from other industries chase big returns by flipping luxury properties
Second-home industry shifting from desires of boomers to Gen Xers
Home sellers enjoy quirky tax breaks from Uncle Sam
Sales of apartments by divorcing couples can involve fake spouses, other illegalities
With rising house prices, condo sales surge in San Francisco
Chinese investors hotly pursue purchase of U.S. properties
Improvements exist for cellphone calls at home
Nation’s electric bills expected to shrink this summer
Welcome to the new home office
GE plans September rollout of appliances designed for millennials by a millennial
Number of households struggling to afford any housing at all-time high
Long-term effects of rising interest rates unclear
But consensus of ‘experts’ doubt much impact on housing’s recovery
And Fannie Mae economist worries that rates rising too fast
Economics research firm predicts slowing of year-over-year price gains
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’ll next post on July 8.
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
