While problems with tight credit conditions for buyers and obtaining accurate appraisals are still lingering, new problems like spot shortages and rising costs for labor, materials and lots are beginning to emerge. (eyeonhousing.org)
In times of tight credit spreads, the pressure on these banks to «cheat» when it comes to risk taking and disclosure becomes irresistible. (theinstitutionalriskanalyst.com)
And in most cases that translates directly into a financing challenge — because to a bank with tight credit standards for buildings, hard, complex, slow and expensive means risky. (forconstructionpros.com)