Tag Archives: bust

FHA’s suspension of house ‘flipping’ rules has benefits

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

When you hear that the Obama administration plans to extend a policy that allows low-down-payment financings of “flipped” houses for 2011, your first reaction might be: No way. At this stage of the boom-to-bust-to-recovery cycle, is high-leverage house-flipping the type of activity the federal government should be encouraging?
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The Trouble with Condos.

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

In the housing meltdown, even outside the usual housing bust hotspots, some condominium owners are faring even worse than owners of single-family homes.
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