With the new year only three weeks away, we thought it would be a good time to take a look back at how the California real estate market has changed during 2023. By analyzing and reviewing housing market trends of…
Note: This article was originally published in 2023 but was updated in June 2024 to offer all of the latest numbers, data, and trends. The 2024 conforming loan limit for most of the San Francisco Bay Area is $1,149,825. So…
Summary: California FHA loan limits for 2024 have been increased due to home price growth and will range from $498,257 to $1,149,825 depending on the county. Yesterday, we reported that federal housing officials increased California's conforming loan limits for 2024,…
It's official: California's conforming loan limits have been increased for 2024 due to rising home prices nationwide. And we have all the details! In a previous blog post, we speculated that the statewide conforming loan limit for most California counties…
By some measurements, the real estate market in Alameda County, California is one of the most competitive housing markets in the state. It currently has the highest percentage of homes sold above the asking price. This metric indicates a high…
The Bay Area real estate market has changed significantly over the past three years or so, and for a number of reasons. Now, a lot of home buyers and sellers are wondering what to expect in 2024. We recently reviewed…
Do you plan to buy your first home in California sometime during 2024? Wondering what the real estate market will be like next year, and how it might affect you? You've come to the right place! Below, we have provided…
Will California loan limits go up in 2024? And if so, by how much? This is a common question among mortgage professionals and borrowers alike, as we approach the last month of the year. Borrowers, in particular, want to know…
For much of 2023, higher mortgage rates have had a cooling effect on the California real estate market. The same is true for the rest of the U.S. On the demand side, higher interest rates have reduced affordability among buyers,…
FHA loans are a popular option for some home buyers in California, especially those with credit issues in the past. Now, a recent policy change from the Department of Housing and Urban Development could make it easier for some borrowers…
