Posters,
Are there any would-be buyers out there who are lowering their sights on a house because of the drop in the FHA/conforming loan limit (to $625,500 from $729,750 for SF, with bigger drops in Napa/Sonoma/Monterey)? Or any sellers that are potentially lowering their price, in Download Free Programs part, because of the decline in the loan limit?
I'm a reporter writing about what the drop in loan limits may mean for buyers and sellers at the affected price points and would love to hear from anyone who's willing to share their story with a reporter.
Thanks,
