FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

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Real Estate / The Ticker

California inland still seeing distressed home sales

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Statewide, 35% of existing home sales in California last month were distressed, down from 50% in November 2011. But the percentages were higher in much of state’s inland portion, which is where home prices fell the most.

Source: BizJournal
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