FHA’s Kiddie Condo

14 04 2005

FHA’s Kiddie Condo finance program is emerging as a helpful resource for young people looking to become homeowners. Under the loan program, a person, such as a college student, can buy a home with the help of a qualified blood relative who agrees to co-sign with his or her income or assets.

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1st QTR Real Estate Forecast

14 04 2005

For the rest of 2005, existing home sales should ease 2.4 percent and median price gains should slow but still grow by 6.3 percent, according to NAR’s latest monthly real estate forecast.

“This supply-demand imbalance is continuing to put pressure on home prices, but we should get closer to equilibrium by the end of the year,” says NAR’s chief economist David Lereah.

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