FHFA Announces Maximum Conforming Loan Limits for 2019

Fannie Mae and Freddie Mac Baseline Limit Will Increase to $484,350

FOR IMMEDIATE RELEASE 11/27/2018

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019.  In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in 2018. 

Baseline limit

The Housing and Economic Recovery Act (HERA) requires that the baseline conforming loan limit be adjusted each year for Fannie Mae and Freddie Mac to reflect the change in the average U.S. home price.  Earlier today, FHFA published its third…

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  M O N T A N A   L I V I N G
BOZEMAN • LIVINGSTON  • BIG SKY
      
 

Happy Thanksgiving from all of us!

Thanksgiving means the ski slopes will be open, most years!
We are excited to report the following opening dates in Montana: 

O P EN I N G D A T ES S K I S E A S O N 2 0 1 8 / 2 0 1 9

                                                                                                                                           

ARTICLES OF INTEREST:

WHAT IS THE OPPORTUNITY ZONE AND HOW CAN IT BENEFIT YOU?
BOZEMAN COMMUNITY PLAN UPDATE
REAL ESTATE...BY LAND, BY WATER & BY AIR
WANT A GOOD DEAL ON A HOME? BEST DEALS CAN BE FOUND IN DECEMBER

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Want a good deal on a home? Buy in December

Dec. 26 is the day to get the best discount on homes, according to a new study from Attom Data Solutions   BYPATRICK KEARNSStaff Writer  

The day after Christmas is the best day to buy a home if you’re looking for a discount, according to a new study from Attom Data Solutions. Overall December is the best month to buy a home if you’re looking for a deal, the study found.

“People closing on a home purchase Dec. 26 were submitting offers around Thanksgiving and starting their home search around Halloween — likely not a common path to home purchase for most buyers and exactly why it’s the best time to buy,” Daren Blomquist, Attom’s senior vice president…

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October 2018

If the last few months are an indication of the temperature of housing markets across the country, a period of relative calm can be expected during the last three months of the year. A trend of market balance is emerging as we approach the end of 2018. Prices are still rising in most areas, and the number of homes for sale is still low, but there is a general shrinking of year-over-year percentage change gaps in sales, inventory and prices.

Closed Sales increased 14.9 percent for Single Family homes but decreased 23.6 percent for Condo/Townhouse homes. Pending Sales decreased 6.3 percent for Single Family homes and 5.0 percent for Condo/Townhouse homes. Inventory decreased 7.5 percent for Single Family homes and 21.7 percent for…

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ENGEL & Völkers advises on more than real estate, we also have an aviation and yachting division. Contact your local advisor to inquire.

 

Aircraft sales & acquisitions

Aircraft acquisition

At a certain point, the rationale for purchasing an aircraft becomes greater than the recurring expense of chartering. A general rule is that if you fly around 150 hours a year, charter is your best option. Between 150 and 250, you may wish to consider fractional or shared ownership. And skyward of that, it is time to start thinking about owning.

If your need for business aircraft travel is frequent or routine, we can assist you in analysing opportunities for aircraft investment, aircraft financing (including operating leases), and aircraft…

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The Tax Cuts and Jobs Act of 2017 established a new economic development program called Opportunity Zones designed to encourage long-term private investments in low-income communities. The program provides a federal tax incentive for taxpayers who reinvest unrealized capital gains into “Opportunity Funds,” which are specialized vehicles dedicated to investing in low income areas called “Opportunity Zones” that will allow investors to defer and eliminate capital gains taxes on gains from investments in economically-distressed localities.

The zones themselves are to be comprised of Low-Income Community Census tracts and designated by governors in every state and territory. The program has the potential to direct private capital toward distressed communities…

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