Surge in Q3 Home Prices Raises Conforming Loan Limits in High-Cost Housing Markets
The recent surge in home prices has prompted a significant change in the real estate and mortgage landscape. The Federal Housing Finance Agency (FHFA) has announced an increase in the conforming loan limits for mortgages backed by Fannie Mae and Freddie Mac. This article delves into the implication
The Hope and Uncertainty Surrounding the 2024 Housing Market
In a recent survey conducted by LendingTree, surprising insights into Americans' sentiments about the housing market in 2024 were revealed. It turns out that 35% of Americans harbor hopes that the housing market will experience a crash in the next 12 months. The underlying belief is that such an eco
Shockwaves in Real Estate: Sitzer | Burnett Trial Verdict Shakes Industry
The world of real estate was rocked today as the verdict in the Sitzer | Burnett trial was announced. In a decision that sent shockwaves throughout the industry, a jury found in favor of homeseller plaintiffs, awarding them full damages totaling a staggering $1.78 billion. This unexpected outcome c
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