CA market trends, FHA loan limit restored

Here is the latest edition of Trends in CA Real Estate, a monthly report from the California Association of Realtors.

This November edition opens with a summary of recent market trends with respect to different price segments. The late-September reduction in the maximum conforming loan limit to $625,500 was expected to shake up activity in the high-end. However, the maximum conforming loan limit for FHA loans was just restored to pre-adjustment level of $729,750 … and the report addresses this development.