{"id":17293,"date":"2011-10-04T10:55:44","date_gmt":"2011-10-04T17:55:44","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=17293"},"modified":"2011-10-04T10:55:59","modified_gmt":"2011-10-04T17:55:59","slug":"conforming-loan-limit-changes-to-hit-eastside-hardest","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2011\/10\/04\/conforming-loan-limit-changes-to-hit-eastside-hardest\/","title":{"rendered":"Conforming Loan Limit Changes to Hit Eastside Hardest"},"content":{"rendered":"<p><span style=\"font-size:85%; font-style:italic;\">Full disclosure: The Tim is <a href=\"http:\/\/seattlebubble.com\/blog\/2010\/07\/14\/some-noteworthy-personal-news\/\" title=\"Some Noteworthy Personal News...\">employed by Redfin<\/a>.<\/span><\/p>\n<p>Yesterday <a href=\"http:\/\/blog.redfin.com\/blog\/2011\/10\/which_areas_will_be_most_affected_by_lending_policy_changes.html\" title=\"Which Areas Will Be Most Affected by Lending Policy Changes?\">over on the Redfin blog<\/a>, I dug a little deeper into the conforming loan limit changes, pulling detailed sales data from all around the country by zip code to see which areas would be most affected by the change.<\/p>\n<p>The result was another Google FusionTables zip code heat map.  Below I have embedded the Seattle area.  Note that to calculate the percent of sales that would be affected, I assumed 20% down.  Click on any zip code to see the breakdown. Red represents 20% or more affected, Orange for 10% to <20%, Yellow for 5% to <10%, and Blue for <5%.\n\n\n\n<div style=\"width:600px; margin:0 auto;\"><iframe loading=\"lazy\" width=\"600px\" height=\"600px\" scrolling=\"no\"  src=\"http:\/\/www.google.com\/fusiontables\/embedviz?viz=MAP&#038;q=select+col1%3E%3E1+from+1719801+where+col1%3E%3E0+%3E%3D+'1'&#038;h=false&#038;lat=47.600802551853214&#038;lng=-122.29087051622088&#038;z=10&#038;t=1&#038;l=col1%3E%3E1\"><\/iframe><\/div>\n<p>As <a href=\"http:\/\/seattlebubble.com\/blog\/2011\/09\/23\/how-much-of-the-seattle-area-market-will-be-affected-by-new-conforming-loan-limits\/\" title=\"How Much of the Seattle-Area Market Will be Affected by New Conforming Loan Limits?\">I pointed out a couple weeks ago<\/a>, for most of the Seattle area, the change is a non-event.  The use of the word &#8220;hardest&#8221; in the headline is highly relative.  For most of the Seattle area well under 5% of homes fall between the two limits.  Over on the Eastside there are a few areas that creep up to around 10% affected, and one&mdash;South Sammamish&mdash;that hits almost 25%.<\/p>\n<p>It will be interesting to see if sales in the red and orange areas on the map take any sort of hit over the next few months beyond what we would expect to see due to regular seasonality.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Full disclosure: The Tim is employed by Redfin. Yesterday over on the Redfin blog, I dug a little deeper into the conforming loan limit changes, pulling detailed sales data from all around the country by zip code to see which areas would be most affected by the change. The result was another Google FusionTables zip&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[612,613,198],"tags":[305,810,675,81,82],"coauthors":[],"class_list":["post-17293","post","type-post","status-publish","format-standard","hentry","category-local","category-national-news","category-news","tag-banks","tag-conforming-limits","tag-heat-map","tag-mortgages","tag-redfin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Conforming Loan Limit Changes to Hit Eastside Hardest \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2011\/10\/04\/conforming-loan-limit-changes-to-hit-eastside-hardest\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Conforming Loan Limit Changes to Hit Eastside Hardest \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Full disclosure: The Tim is employed by Redfin. Yesterday over on the Redfin blog, I dug a little deeper into the conforming loan limit changes, pulling detailed sales data from all around the country by zip code to see which areas would be most affected by the change. 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