condos Archive

Detailed Data Can Help Curb Condo Confusion

Agents, appraisers and lenders discussed the importance of being educated on the specifics of a condominium building or project when selling a condo unit, during a panel yesterday at the 2017 REALTORS® Conference & Expo. During the panel “Dispelling...

VIDEO: NAR Condo Legislation Signed into Law

H.R. 3700, the “Housing Opportunity Through Modernization Act,” officially became the law of the land over the weekend with the signature of President Barack Obama. NAR President Tom Salomone hailed Senate passage of the legislation earlier this month, saying...

Forty Housing Advocates Join Together to Support Housing Legislation

Momentum continues to build behind homeownership policy changes pending before Congress, and housing advocates are taking their message straight to Capitol Hill. Forty organizations including the National Association of Realtors® placed an advertisement this week calling on Congress to...

BIG WIN: HUD Announces New FHA Condo Rules at Realtor® Conference

News broke Thursday at the National Association of Realtors® conference kick-off that big changes are coming to the way FHA handles the treatment of condominiums. Principal Deputy Assistant Secretary Ed Golding of the Federal Housing Administration joined NAR President...
November 14, 2015

NAR-Supported Legislation: What it Means for Condos

At a hearing this week before a U.S. House Financial Services Subcommittee, National Association of Realtors® President Chris Polychron said that NAR stands ready to work on passage of H.R. 3700, the “Housing Opportunity Through Modernization Act of 2015.”...
October 22, 2015

Inside the Release: April Existing-Home Sales (in charts)

After jumping in March to their highest pace in 18 months, existing-home sales slowed in April. According to Lawrence Yun, the reason is simple: housing supply is not keeping pace with demand. Two key sets of data from last...

Inside the Release: March Existing-Home Sales (in charts)

As we reported earlier today, the housing market got off to a good start this spring, with existing-home sales in March jumping 6.1 percent to their highest annual rate (5.19 million) in 18 months. With March’s gain, sales are...

Inside the Release: Dissecting January Existing-Home Sales

Existing-home sales for January were released earlier this morning. The headline figure revealed that January sales declined 4.9% to their lowest pace in nine months. All major regions experienced declines in January, with the Northeast and West seeing the largest....
February 23, 2015