Condos for Sale? New Guidelines May Make Buying Easier

In the future, purchasing a condo may become easier thanks to potential new FHA borrowing guidelines. For nearly a decade the National Association of Realtors (NAR) has urged the Federal Housing Authority (FHA) to make it easier for condo buyers to qualify for FHA-issued mortgages. Recently the Department of Housing ... Read More...

Either Way, You’re Still Paying a Mortgage

As a recent paper from the Joint Center for Housing Studies at Harvard University explains: There are some people that have not purchased a condo or home because they are uncomfortable taking on the obligation of paying a mortgage. Everyone should realize that, unless you are living with our parents rent ... Read More...

Existing Home Sales Slip

Existing home sales declined 0.4 percent to a seasonally adjusted annual rate of 4.6 million in February from 4.62 million in January, and were down 7.1 percent from a year earlier, according to the National Association of Realtors (NAR). Housing inventory rose 6.2 percent to 2 million homes and condos in February ... Read More...