The new loan limits if put into law by Congress, will increase the limits for a loan from $475,000.00 t0 $625,000.00. For Palos Verdes Homeowners, this will not affect our local housing market. But for your first time condo buyers, this is a great opportunity to get into the Palos Verdes Peninsula. This will really help qualify more buyers in our condo and townhouse market. WHich will help me get my ocean view listing sold faster. Please check out my listing at www.32946Coastsite#FRanchoPalosVerdes blog and my other blogs on www.ilovepv.com