Articles on Federal Housing Administration

Strongly Approved: Naming Names on Manhattan's FHA-Approved Condominium Listings

FHA-approved Manhattan CondominiumsIt's a good question, and a natural follow-up -- after our recent post on the marketing appeal of Manhattan condos that have received Federal Housing Administration approval, readers emailed us asking which Manhattan apartments these might be, and where they could find a listing thereof. Again, a totally natural question -- and, oddly, one of the few things you can't find using New Construction Manhattan's advanced search function. Not to worry, though. We've got you covered here, too -- read on.

Meet The Newest Sales Tool For Manhattan Luxury Condominiums: Federal Housing Administration Approval

FHA-approved Manhattan Condos for SaleIt's sometimes said that Manhattan luxury condominiums sell themselves, and a trip through our Manhattan condo listings will surely bear that out for a few NYC apartment buildings. But it's just an expression, finally, and most NYC luxury condos -- even the best of the best -- don't necessarily sell themselves. Yes, the Manhattan apartment market is surging, but with real estate watchers concerned about a double dip in the housing market and the local and national economies still sputtering, the investment of money and confidence required in buying a Manhattan condominium is no small thing. In reality, most NYC condos require no small amount of selling, which is where price cuts come from, among other things. Recently, developers have hit upon a new -- and, for once, very factual and very useful -- new marketing tool. That would be the approval of the Federal Housing Administration.

High Five: Clinton Luxury Condo The 505 Gets All-Important FHA Approval

The 505 Clinton Luxury Condo, FHA-approved Manhattan CondosIf it seems like it has been awhile since you've read about a new FHA-approved Manhattan condo development at New Construction Manhattan, that would be because it has been awhile. That is, both awhile since we wrote about it, and awhile since a new Manhattan condo qualified for FHA approval. So long, in fact, that you might've forgotten what it means for a condo to qualify for FHA approval. In short -- or at least shorter than this NCM post, which explains it in more detail -- when a condo gets FHA approval, the Federal Housing Administration has deemed the project both healthy and stable enough that condo buyers at said condo project qualify for government-backed loans at very advantageous rates. The list of NYC condos that have received FHA approvallinks to all of the FHA-approved condo listings in New Construction Manhattan's NYC condo database. Now that list has grown by one, as the Clinton luxury condominium The 505 has been granted FHA approval.