

The Housing Market is Hot, but Not in a Bubble
The Las Vegas Housing Market Report Last week the biggest news was that FHFA (the boss of Fannie Mae and Freddie Mac), released the new conforming loan amounts for 2021. While the loan amounts are effective as of 1/1/21, many lenders as we are, will allow for these new loan amounts now. That new loan limit has jumped more than 7% is $548,250. The VA loan limits will track the conforming loan limits (before anyone starts yelling, yes I am aware VA did away with loan limits when the Veteran does not have an outstanding VA loan but they do