Good news for people looking to finance homes that cost more than your average house.
Effective this coming Monday, March 9th, FHA and Super Conforming loan limits go back to 2008 levels! That means that in Pierce County the limit is now $567,500. This is great news for sellers in that price range as well, as it means it will be easier for buyers to finance your $550,000 house!
King and Snohomish County have the same FHA limit ($567,500), Kitsap county is $475,000, Mason is $310,000 and Thurston is $361,250.
Thanks to Kevin Stirret Jones at Bank of America for the tip.