Tag Archives: condos

FHA Issues Rule to Include Approval of Individual Units in Non-Approved Condo Projects

FHA responds to the market By Jeff Sorg, OnlineEd Blog (August 22, 2019) To promote homeownership, especially among credit-worthy first-time buyers, the Federal Housing Administration (FHA) published its long-awaited final regulation, and policy implementation guidance, which establish a new condominium approval process. That provides for comprehensive revision to FHA condominium project approval policy. The new policy […]

Condo Appreciation Outpaces Single-Family Homes

Limited inventory of  homes, popularity of urban life cause runaway condo appreciation By Jeff Sorg, OnlineEd Blog (October 27, 2015) –   Condos are appreciating at a rate of 5.1 percent, compared to the 3.7 percent appreciation among single-family homes. Condos are appreciating faster than single-family homes where job markets are thriving or urban renewal is underway, […]