The combination
of tight lending conditions and weak job growth is a reason for the continuing decline in the homeownership rate.
Not exact matches
If that were to happen, the already spooked markets would face even
tighter lending conditions, and the pessimism might spread to the rest
of the economy.
«These adverse effects would weaken the credit quality
of bank's loan portfolios and could lead to
tighter lending conditions for households and businesses.
In recent quarters we had seen the Fed sponsored Senior Bank
Lending Survey show us the easiest
of lending conditions for banks over the current cycle to date — certainly not
tight.
The building regs were significantly
tighter, as were
lending conditions, while the market itself was unrecognisable from the heady days
of the mid-noughties.
But so far in 2017, CMBS issuers have had perfect
conditions for
lending, including
tighter spreads than those seen in 2016, low interest rates, yield - hungry investors, an absence
of volatility, and an ample volume
of loans in need
of refinancing.
High prices and
tighter lending conditions aren't dampening consumers» optimism and enthusiasm for real estate in the Toronto region, where half
of homebuyers still expect to purchase that most expensive and elusive asset, a detached home.
«At this point, difficult appraisals and
tight lending conditions for builders and buyers remain limiting factors for the burgeoning housing recovery, along with shortages
of buildable lots that have begun popping up in certain markets.»
«The number
of improving housing markets has risen for six consecutive months, and 36 states now have at least one metropolitan area on the list,» notes NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. «This indicates that despite the many challenges that continue to drag on a housing recovery — including the
tight lending environment for builders and buyers — improving
conditions are slowly but surely spreading from one housing market to the next.»
«This is particularly encouraging at a time when other parts
of the economy have begun to show softness, and is all the more reason that the challenges constraining housing's recovery — namely overly
tight lending conditions, poor appraisals and the flow
of distressed properties onto the market — need to be resolved.»
Yun said the increase in more buyers paying cash for real estate reflected
tight lending conditions and an increase in investor sales, which account for the bulk
of cash sales.
«Homes in this year's first quarter were more affordable than they have been at any time in more than 20 years, yet many potential sales are not happening because
of overly
tight lending conditions that are keeping hardworking families from obtaining a suitable mortgage,» says Barry Rutenberg, chairman
of the National Association
of Home Builders (NAHB) and a home builder from Gainesville, Fla. «Without this significant hurdle, the housing and economic recovery could be proceeding at a much stronger pace.»
In the meantime, a continuing yawning supply imbalance, a weakening U.S. job market and
tight lending conditions point to a prolonged period
of housing market lethargy, with the risk
of still lower home prices and construction, and relatively depressed sales volumes.»
Housing affordability is about the best it's ever been, but
tight lending conditions have made it difficult for buyers to take advantage
of the good
conditions.