Congress did not extend the FHA and GSE mortgage loan limits. As of Oct. 1, the limits declined in 669 counties in 42 states, including Colorado. The new limits will be equal to 115% of local area median home price (from 125%). Some observers say the reduction is a good move, because it will draw more private capital into the market. However, NAR is still working with Congress to attempt to restore the higher limits as quickly as possible. Note: In Boulder the new loan limit is $271,000, down $57,000. In Larimer County, the new loan limit is $271,050, down $41,450. In Weld County the limits are even lower; the limit is $271,050, down a whopping $146,450.
- Market Trends for NoCo & Beyond - Dec 19, 2014Now create listing statistics from three MLS systems without duplicates for an accurate picture of the market of the entire Front Range. Overview of IRES Statistical reports, including Sales Stats, NAR Stats, IRES Stats, customized reports and more.
- Webinar: S.O.S: Support for Office Staff (only) - Dec 22, 2014An opportunity for office staff to learn about the many different resources available on IRESis, including: Preferences, Mimic, Inventory Reports and online Tech help.
- Market Trends for NoCo & Beyond - Dec 19, 2014