Jumbo lending crunch killing high-end sales 

The limited availability and high cost of "jumbo" loans not backed by the government is taking a toll on sales of high-priced homes, a trend that's rippling through housing markets and the economy, the National Association of Realtors concludese in a new research report.

more...

To view this premium content sign in to your Premium Member account.

Premium Members have full access to all news archives & premium content.

Purchase Premium+ Membership for $99/year OR
Premium Membership for $49/year

Buy Now

Advertise with Inman

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.