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As of late, condo prices have posted more gains than single-family homes: The median price of a condo increased 5.7 percent year-over-year in January, while the median single-family price rose 5 ...
Condo prices are typically much lower than single-family home prices, offering first-time buyers hope in today’s challenging housing market. The lower price point allows buyers to begin building ...
Before eyeing that $99 sofa deal, take a minute to think about the real price tag—and remember that some things are worth the investment. This stor y was produced by House of Leon and reviewed ...
The Real Estate Counseling Group of America is a small group of top U.S. appraisers and real estate analysts who have collectively authored a disproportionately large body of appraisal methodology and, the National Association of Real Estate Appraisers (NAREA), founded in 1966, with the goal to elevate the professionalism and success of the ...
An investment rating of a real estate property measures the property's risk-adjusted returns, relative to a completely risk-free asset. Mathematically, a property's investment rating is the return a risk-free asset would have to yield to be termed as good an investment as the property whose rating is being calculated.
A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...
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Membership in a condo is obtained by buying the shares on the open market, most often through a real estate agent. No board approval is needed to buy shares, but in some cases other stockholders or the housing cooperative itself has the right to claim the stocks being sold.