Sentences with phrase «tight credit availability»
This number falls drastically to five weeks the following year in 2013, indicating tight inventory, tight credit availability, and a lack of new construction of homes to keep up with demand.
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Moreover, even if consumers wanted to borrow, credit availability is still constrained and underwriting standards remain relatively tight.
Citing limited land availability, shortages in construction labor and tight credit for homebuilders, Lockhart said these factors are contributing to the overall supply shortages for affordable housing.
Credit availability has been tight since the market downturn, but many were hoping a return to «normalcy» in the housing market would result in something similar for housing finance, with more accessibility for responsible borrowers with less - than - perfect cCredit availability has been tight since the market downturn, but many were hoping a return to «normalcy» in the housing market would result in something similar for housing finance, with more accessibility for responsible borrowers with less - than - perfect creditcredit.
In addition, mortgage credit availability has been excessively tight.
Creeping into that environment are concerns about fixed mortgage interest rates, tight housing inventory, credit availability and less interest by deep - pocketed institutional investors in distressed properties.
An Increase in Credit Availability For those who think the lending standards are too tight and are afraid they will be denied a mortgage, here's some good news: Credit availability is expected to continue to increase through the spring, says Mike Fratantoni, chief economist Availability For those who think the lending standards are too tight and are afraid they will be denied a mortgage, here's some good news: Credit availability is expected to continue to increase through the spring, says Mike Fratantoni, chief economist availability is expected to continue to increase through the spring, says Mike Fratantoni, chief economist for the MBA.