[quote=jpinpb][quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]
Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.
Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.[/quote]
Current FHA loan limit is $697,500. So it’s not that far away from $800k. With 3.5% down, you’re looking at purchase price of $722k.
