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October 2009 Fears of a New Chill in Home Sales October 29, 2009 Fears of a New Chill in Home Sales By DAVID STREITFELD | Published: October 27, 2009 Even as new figures show house prices have risen for three consecutive months, concerns are growing that the real estate market will be severely tested this winter. Read full article here.   Comments(0) Filed under: News, Sales Share Homebuyer Tax Credit Measure Backed by Administration October 29, 2009 Homebuyer Tax Credit Measure Backed by Administration By Brian Faler and Dawn Kopecki Oct. 29 (Bloomberg) -- The Obama administration endorsed plans to extend an $8,000 tax credit for first-time homebuyers, saying it is helping stabilize the nation’s housing market. Read full article here.   Comments(0) Filed under: News, Sales Share Mortgage Rate Update October 27, 2009 Regular Mortgages Jumbo Mortgages Source: BankRate.com View: three months   5/1 A.R.M.        4.30% 15-Year Fixed  4.72% 30-Year Fixed  5.25%           5/1 Jumbo         4.70% 15-Year Jumbo  5.61% 30-Year Jumbo  6.08%   Comments(0) Filed under: Manhattan, Sales Share Q. and A. on New York Rent Ruling October 27, 2009 Q. and A. on New York Rent Ruling By JOSH BARBANEL | Published: October 23, 2009 (New York Times) When the New York State Court of Appeals overturned some rent rules in place for more than nine years on Thursday, the decision opened a window for many market-rate New York City tenants, including some paying some of the highest rents in the country, to roll back rents and get the protections of the state government’s rent regulation system. Here are some questions and answers about the decision. Read full article here.   Comments(0) Filed under: News, Rentals Share Housing Market Faces Hard Road to Normal, Fed Economist Says October 27, 2009 Housing Market Faces Hard Road to Normal, Fed Economist Says By Vivien Lou Chen Oct. 26 (Bloomberg) -- The U.S. housing market faces a “difficult” return to normal because government-sponsored enterprises own or guarantee most mortgage lending while alternative sources have disappeared, said an economist with the Federal Reserve Bank of San Francisco. Read full article here.   Comments(0) Filed under: News, Sales Share	RECENT POSTS NEIGHBORHOOD PROFILE – The Upper West Side 20 Questions with Tami Wasserman Five Reasons Why You Still Need A Real Estate Agent Citi Habitats Top Producers Celebration 20 Questions with Elizabeth Hamersley GRAMERCY/FLATIRON Neighborhood Profile Mortgage Rates Fall for Third Week FHA Sets Tighter Lending Requirements RELATED Events Manhattan Market Reports New Developments News Press Releases Rentals Sales All Sections ARCHIVES May 2010 April 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 Add CitiBlog feed

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