NO CHANGES to 2014 Fannie Mae and Freddie Mac Loan Limits

Great news!!

Fannie Mae and Freddie Mac have announced the new loan limits for 2014, and there are NO CHANGES.  This allows buyers to continue to borrow at current levels and is very good news for all of us in the Real Estate business.  Feel free to share this email with your offices.

http://www.fhfa.gov/webfiles/25847/CLL2014112613Final.pdf

Happy Thanksgiving!

Scottsdale adds McDowell Sonoran Preserve land

http://www.bizjournals.com/phoenix/news/2013/11/20/scottsdale-adds-mcdowell-sonoran.html

Turnaround towns: How Orlando and Phoenix are making a comeback

http://www.cnbc.com/id/101184091

Phoenix area will be among the fastest growing metro regions next year

http://www.azcentral.com/business/news/articles/20131118phoenix-area-will-among-fastest-growing-metro-regions-next-year.html

More affluent Arizonans give to local charities than national average

http://www.bizjournals.com/phoenix/news/2013/11/14/more-affluent-arizonans-give-to-local.html?ana=e_du_pub&s=article_du&ed=2013-11-14

The McDowell Sonoran Preserve Brown's Ranch Trailhead is open!

For those of you looking for an outdoor activity to enjoy our beautiful fall weather this weekend...the McDowell Sonoran Preserve Brown's Ranch Trailhead is open! Below is a link with more information on this easy hike out to the old ranch site.http://www.mcdowellsonoran.org/trailhead/displayLocation/9#sthash.jeBCiVet.5mTPyzmc.dpbs

JUST LISTED IN PINNACLE PEAK VISTAS 3

Fabulous 1.19 acre lot capturing Pinnacle Peak, McDowell Mountain, sunset and city light views! Very private on a cul-de-sac street & easy to build on with no major washes. First time on the market since original owner purchased from the developer 25 years ago!

Offered at $449,000

Home prices post strongest annual gain in nearly 8 years

http://www.inman.com/2013/11/06/home-prices-post-highest-annual-gain-in-nearly-8-years/#!

Jumbo home loans may grow more common if Fannie and Freddie trim their mortgage limits

http://www.washingtonpost.com/realestate/jumbo-home-loans-may-grow-more-common-if-fannie-and-freddie-trim-their-mortgage-limits/2013/10/31/7eba29b0-3fff-11e3-a624-41d661b0bb78_story.html#!

US home prices rise in Aug, yearly gain best since 2006: S&P/Case-Shiller

http://www.cnbc.com/id/101151520#!

Mortgage rates fall two weeks in a row: Freddie Mac

http://www.housingwire.com/articles/27731-mortgage-rates-fall-two-weeks-in-a-row-freddie-mac#!