Midyear 2020 Pricing Review

How is the market? Average and median sales prices are up in DC, Montgomery and PG county for Jan-July 2020.   Maryland Real Estate. If we look at Maryland as a whole we see similar trends as well. “While real estate remains a bright spot…

FHFA Announces New Conforming Loan Limits for 2020

The Federal Housing Finance Agency (FHFA) has announced it will be increasing maximum conforming loan limits in 2020. BASELINE NATIONAL CONFORMING LOAN LIMITS 1-Unit: $510,400 2-Unit: $653,550 3-Unit: $789,950 4-Unit: $981,700 LOAN LIMITS IN HIGH-COST AREAS 1-Unit: $765,600 2-Unit: $980,325 3-Unit: $1,184,925 4-Unit: $1,472,550