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
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
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
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.
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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