SPEAKING OF LOANS, THE LIMITS ARE GOING DOWN

The loan limits will be falling across the board regardless of county.  However, it is important that you check with a lender to find out what the precise new limits are in your county.  That being said, interest rates are so low, that even with an extra quarter of third of a percent increase, buyers should still be in pretty good shape.  It is unclear at this moment whether or not Congress will raise the limits back up to their current levels.  They did it once before, but the word on the street is, not this time.  The limits roll back at the end of September.