As we look ahead to 2025, we’ve been closely monitoring the recent increase in conforming loan limits. While there is no crystal ball, the decision to raise these limits generally indicates that home prices are expected to continue climbing rather than decline.
Nationally, home values rose by approximately 5.2% in 2024, and if prices were headed downward, we likely wouldn’t see these higher thresholds.
2024 Conforming Loan Limit:$766,550
NEW 2025 Conforming Loan Limit:$806,500
If you’ve been considering buying, a higher conforming loan limit means borrowers can potentially secure a conventional loan on a higher priced property without needing a “jumbo” loan.
After six months of searching, our buyer found the perfect investment—a remodeled home on a prime lot. With two weeks of strategic negotiations, we secured $17k in seller concessions, included furnishings, and a flexible escrow.
We’re excited to onboard it with our management company, Freedom Point Property Management, to ensure top-tier performance in Lake Havasu!
PENDING!
2964 Saratoga Ave
6 beds | 4 baths | 4,508 sf
2 lots | Several Garages
This Pirate’s Paradise in Lake Havasu is now pending! Our buyers secured this stunning 6-bedroom, 4-bath home on a DOUBLE LOT with a private casita. The resort-style backyard features a pool with grotto, waterfall, swim-up bar, and plenty of garage space for all their toys.
Holiday Guide – Lake Havasu City
29th Annual Festival of Lights
November 29th, 2024 – January 5th, 2025
Take a stroll through the village and beneath the London Bridge, all aglow with over 500,000 Christmas lights!
Celebrate the 12 Days of Christmas Festival of Lights at Kokomo! Enjoy the Grinch, s’mores, fire pits, letters to Santa, and visits with Santa and Mrs. Claus, along with festive food vendors.
