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Evolution Real Estate Podcast - Episode #4 - Winter Is Coming; What it Means for Real Estate
Manage episode 313791046 series 3287236
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In this episode, Scott and Justus address the local Twin Cities market by reviewing data over the past week and past couple of months along with the NEW increased conforming loan limits for 2022. Justus' topic of the day is about gift funds while Scott discusses the new Omicron virus and how that could affect the market. Then, Scott and Justus talk about how winter can affect home buying in Minnesota and why it might not be a bad idea to keep your eyes open for a good deal on a property during the offseason of the home buying market. You can find this podcast on YouTube, Facebook, Instagram, LinkedIn and all of your typical podcast apps!
- 00:00 - Intro Video
- 00:15 - Start of Episode
- 00:46 - Twin Cities Local Market Update
- 10:15 - 2022 Fannie & Freddie Conforming Loan Limit Increases Conversation
- 11:32 - 2022 Fannie & Freddie Conforming Loan Limit Increases Chart
- 11:51 - 2016-2022 Fannie & Freddie Conforming Loan Limit Increases Chart
- 14:03 - Gift Money Information on how to handle it for mortgage underwriting
- 15:56 - Omicron Coronavirus and Real Estate
- 19:01 - Winter is coming; What does it mean for Real Estate?
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