Great news in the real estate industry for Santa Barbara County! The U.S. Senate has voted to reinstate the $729,750 jumbo conforming loan limit that expired in September, 2011. The bill still needs to pass the House, but is expected to happen swiftly. This will help buyers and sellers who have found themselves restricted by the new $625,500 loan limit. It appears as if we’ll be back up to $729,750 in the near future! If you have any questions about these changes, please give Kelly a call at 805-895-4406.