Buy. If "sobering economic news" doesn't scare you personally, then it is still a great time to invest in a new home as your monthly carrying costs will be about as low as 5 months ago, when mortgage rates began to climb. While expectations were for better economic news, for prospective buyers this IS good news. (via Bankrate) MGR
TUESDAY REAL ESTATE LINKS
- Annie Liebovitz sells Chelsea studio for $11.37m to Cedar Lake Dance Co. (NYTimes)
- 78 Year Old Queens Man beaten to death for his apartment (ToTC via Curbed)
- Realty Players Was Optimistic (NYPost)
- Updating Old Houses to Cental Air (NYPost)
- Ivana Trump Follows Ex - Hubby Donald to TV (NYTimes via Real Deal)
