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FHFA Announces 2024 Conforming Loan Limits

The Federal Housing Finance Agency (FHFA) just announced the 2024 Conforming Loan Limits for Residential Mortgage Loans acquired by Fannie Mae and Freddie Mac.  As was expected based on the continuing increase in housing prices, the limits increased significantly.  To…

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2024 Housing Market Real Estate

Expert Home Price Forecasts Revised Up for 2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the…

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Average Home Price in Oregon State

Why the Median Home Price Is Meaningless in Today’s Market

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This…

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