Tag Archives: Condos

While existing-home sales fell 3.4% in May, median sale prices exceeded $400,000 for the first time, representing a nearly 15% increase from 2021.

Orest Tomaselli of CondoTek explains how sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties.

At the beginning of the COVID-19 pandemic, demand for condominiums plummeted 48% to lows not seen since 2012 as people fled high-density areas in an attempt to escape ...

An analysis finds that higher rates may stifle price growth, with new listings hitting a 10-year high in the new year.

In response to mounting concerns about aging condos after the Champlain Towers South collapse in Surfside, Florida, Fannie Mae has instituted new rules about deferred maintenance before they will take on the loan.

According to a new analysis from Redfin, the typical American single-family home that sold this year went for an average price that was 17.3% more than the typical ...

Why are builders and developers in the 55+ housing market are reporting strong demand across the country? Click through to learn more.

They want to buy but few young Americans plan to purchase a home in the near term. Here’s what a report revealed about why millennials are uncertain about investing in their own abode.

Some lucky home sellers have made a serious killing at the closing table since the turn of the century. Just how many? That’s the million-dollar question … and one a data provider set out to answer.

Homes in the Golden State are selling fast, but not at the same clip as last year a report found. What other factors impacted the nation’s hottest housing market in the first quarter?