Talking about the changes in the Freddie Mac & Fannie Mae 'Home Possible' program. The Home Possible Program is designed to help low income buyers purchase owner occupied homes. Formally they offered this program with a 5% deposit and that just changed. Now the minimum deposit for one of these loans is 15%, meaning that buyers need to have 10% more cash at closing. This will shake up the market and has potential to be the beginning of a shift towards a buyers market for the first time in over 8 years.

We also talk about the 5 homes that our team is listing this week. 2 move in ready homes, 2 homes that are perfect for a DIY buyer and one investment property!