Weekly Roundup: Broker titles, celebs on the move, growing supply, reverse mortgages, the American Dream, boarding houses, and more

Next week’s Weekly Roundup will be the last until Sept. 6

Offering plans afford glimpse into pluses, minuses of lavish lifestyle in luxe buildings

Buyers snapping up Manhattan apartments 38 percent faster than last year, with UWS tightest market

Brokers still wrestling with new state rules on titles

Prices of Williamsburg condos plummeted in spring

First-half volume of investment properties leaps 41.3 percent over same time last year

One Picasso forsaking his walls

Lord of the Rings actor drops $1.075 million for gingerbread Victorian in Texas

Former NBA player lists California home for $2.795 million

Onetime TV detective, also actor who originated role of Tom Collins in Rent, sells Tribeca duplex

Singer unloads Cooper Square combined condo co-owned with ex for $6.7 million

Racing champ drives home sale of his 15 CPW apartment

Martial arts legend, TV star lists Dallas home for $1.2 million

Listings in June show 4.3 percent increase from May to highest level in a year

And May prices go up 4 percent from same month in 2012

Construction of new homes slips from May to June but grows 10.4 percent from prior year with permits at highest point in five years and what to make of the numbers

Fed Beige Book chronicles continuing momentum in all districts

Refinancing still makes sense for some homeowners

Rates cooling off

Needing fast cash to close deal or end bidding war, buyers turning to margin loans

FHA may no longer be best source of loan that has a low down payment

Rules for reverse mortgages may become more restrictive

Applications for purchase loans creep up as refi activity slides once again

More companies offering financing to consumers with irregular incomes, damaged credit, past foreclosures

Living the American Dream doesn’t always bring happiness and Robert Shiller agrees

New generation skipping ‘starter home’ and betting heavily on high-end real estate

Rents soar in San Francisco

Business of building skyscrapers makes a big comeback around the world

How Trulia’s CEO built the business

Book argues for housing that went out with the last century e.g. the boarding house

Cities working hard to lure baby boomers with improvements in transportation, services, more

To satisfy IRS ithat you’re a real estate professional and save on taxes, don’t quit day job

Folks with experience provide tips on sharing second homes

Think small when growing garden in your NYC apartment

Concealed and camouflaged furnishings, fixtures latest trend in home design

Builder confidence continues to climb, reaching highest level in seven years

Greater number of renters able to meet lease obligations than a year ago

Analysts conclude conditions ripe for household formation, buttressing demand for housing

Housing market has long way to go before the cauldron bubbles over

Rising interest rates likely to decrease purchase volume, boost ARMs activity

But Zillow says they’ll progressively cause homes to look more expensive than historic norms

Columnist expects Fannie and Freddie to endure

Hedge fund magnate says owning home now is best investment

But BNP economist contends latest stats suggest ‘really weak residential investment’

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

Web site

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