News & Updates
December 3, 2018
Thanks to Jefferson Guthrie and his crew of Ridgefield REALTORS & Affiliate Partners Who Helped Their Neighbors in Need Friday and Saturday at the
Holiday Stroll

Ashley Ludwig, Barbara Baughman, Paul Ogden, Pat McRedmond, Kyle Neumann, Art Meyer, John Frey, Paul Gervais, Gerard Amend & Barbara Assiff

Ridgefield REALTORS Do More Than Sell Houses . . . They Give Back to the Community Where They Live and Work
Mary Pat Sexton 2018 President, hosted the RBOR Board of Directors for dinner at her home last Wednesday evening in appreciation for their service this past year. Pictured are Barbara Assiff, Annmarie Del Franco, Toni Riordan, Jefferson Guthrie, Barry London, Laura Rubinfeld, Lynne Boehm and Mary Pat Sexton.
RBOR Annual Holiday Party
Thank You for Making RBOR Your
REALTOR Association of Choice!

Didn't Receive Your 2019 Invoice? Email

Encourage Your Colleagues to Join RBOR
The Ridgefield Association Where We Live & Work
Some Good News and Some Not So Good
Conforming Loan Limits to Rise 6.9%
The maximum conforming loan amount that Fannie Mae and Freddie Mac can back will increase to $484,350 from $453,100 in 2019, a 6.9 percent increase, the Federal Housing Finance Agency announced last week.
For high-cost areas, the limits will rise to $726,525 from $679,650.
For the Nationwide chart Click Here
See the loan limits for our area below.
‘Uncertainty’ Plagues Market as Contract Signings Drop
October marked the 10th consecutive month of decreases in contract signings—not a good sign for the housing market as it starts the traditionally slower months of sales. 
“The recent rise in mortgage rates have reduced the pool of eligible home buyers,” says Lawrence Yun, NAR’s chief economist.
He says the market is following a similar pattern to 2013, when interest rates jumped from 3.5 percent to 4.5 percent. It took 11 months—from November 2013 to September 2014—for sales to rebound back, and only when rates started decreasing again.
“This time, interest rates are not going down, in fact, they are probably going to increase even further,” Yun says.