Posted On: Friday, October 1, 2010 - 11:19am | Posted By: matthewgoulden
Topics: Buyers and Sellers
Late yesterday, President Obama signed a resolution that included a provision extending through fiscal year 2011 the current conforming loan limit of $729,750 for high-cost areas, including many in California. The same limits will also be extended to loans insured by the Federal Housing Administration.
Posted On: Friday, July 16, 2010 - 9:38pm | Posted By: susanolk
Topics: Market Statistics
Not likely, according to Andrew S. Ross's Bottom Line column in the Chronicle last week. The article states that a significant recovery in the state's housing market, beginning in late 2008, appears to be holding. "Current market conditions appear much too balanced for a repeat performance of steep California housing price declines."