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National Association of REALTORS® <[email protected]>

4:58 PM (21 minutes ago)

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Condo financing rules issued yesterday will give lenders and buyers more options

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August 16, 2019
HUD is expected to release updated guidance today on FHA-insured condo financing. The rules will boost affordability by helping more buyers purchase condos.

NAR: Condo Rules to Boost Market

An NAR review of HUD’s guidance on FHA-insured loans shows that the changes will open up more affordable housing options to first-time buyers and revive a national condo market constrained since the Great Recession.

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Why Home Prices Keep Rising

Prices continue to appreciate, with 91% of markets showing home price growth.

Study: iBuying Sellers Pay More

Sellers who sell directly to iBuyers pay higher fees than if they used an agent.

NAR Works to Stop Food Waste

New partnership ensures excess meals from NAR events will go to local food banks.
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