Tag Archives for " condominiums "

November 13, 2014

FHA Squeezing Mortgage Financing For Condominiums Even With High Demand

FHA Squeezing Mortgage Financing For Condominiums Even With High Demand

Based on the new real estate industry estimates, the demand for condominiums have increased in most urban areas across the country. However, a key federal agency is squeezing mortgage financing for entry-level condo buyers. The list prices of condominiums have increased faster compared to single-family detached homes located in the same area. Sales of condominiums […]

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October 24, 2014

Sales of Existing Homes Reached Highest Pace This Year

Sales of Existing Homes Reached Highest Pace This Year

According to the National Association of Realtors, existing homes currently sell at their highest annual pace this year at 5.17 million. That’s an increase from August with 5.05 million. However, this is still below the home sales from last year. Such sales comprised of single-family houses, townhouses, condominiums and co-ops. Law Yun, NAR Chief Economist […]

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