Sentences with phrase «tight credit conditions»

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.
The year got off to a cool start as cold and snowfall slowed sales in the East and Midwest and continuing tight credit conditions along with weak inventories kept sales underperforming throughout the country.
I like Boyd Gaming (NYSE: BYD), $ 6.73) despite its decision to temporarily halt construction on a new $ 4.8 - billion Las Vegas casino complex because of tight credit conditions.
Russia's current significant cyclical headwinds resulted from very tight credit conditions, softened business confidence and other spillovers from intensified geopolitical tension, they said.
NAHB commended the Senate for passing bipartisan legislation yesterday that would help ease tight credit conditions that are hindering the momentum of the housing industry.
NAR Chief Economist Lawrence Yun said, «Despite extraordinarily tight credit conditions for purchasing a second home, the market share for vacation and investment homes held steady,» he said.
There has been an increase of liquidity in Commercial Mortgage Backed Securities, which is helping to open the commercial market to more property transactions; commercial real estate sales had been stalled over the past few years with excessively tight credit conditions.
Kaven Tsang of Moody's Investors Service says tighter credit conditions in China will likely hit the smaller property developers harder than the larger ones.
Southeastern states have a particularly high percentage of small businesses being hamstrung by tight credit conditions.
Annual credit growth continues its downward trend, with tighter credit conditions weighing on investor housing credit, while business credit picked up, supporting the rise in March.
Companies also struggled to restructure under tighter credit conditions.
Much of this slowing will be driven by weaker outcomes in the developed world, particularly in countries facing tighter credit conditions.
If the economy enters a cyclical downturn, and bad debt goes bad, you get a negative feedback loop, crashing profits, much tighter credit conditions, liquidation of leveraged positions, etc..
NAR warns that continued tight credit conditions threaten to widen the wealth gap between owners and renters.
«During the depths of the Great Recession, at least half of my clients relied on FHA - backed loans because of extremely tight credit conditions,» said Brown.
«Prospective home buyers fear the higher rates will make their mortgages unaffordable, especially in today's already tight credit conditions,» said Rutenberg.
This inevitably is causing hesitation for some first - time buyers, who are more likely to have lower down payments and need to secure financing amidst tight credit conditions
On the housing market, Yellen said she is «surprised» the market hasn't recovered more, attributing some of this to continued tight credit conditions.
NAHB commended the Senate for passing bipartisan legislation yesterday that would help ease tight credit conditions that are hindering the momentum of the housing industry.
The Bank also addressed concerns about the dropping loonie, stating that since the central bank's October Monetary Policy report, commodity prices continued to fall and this led to «tighter credit conditions for commodity producers,» which directly impacted the profit margins of oil producers in Canada.
«The recovery is occurring despite excessively tight credit conditions and higher downpayment requirements, which are negating the impact of record high affordability conditions,» Yun says.
The result: lower bids for Treasuries, and higher yields, with the consequence of further damage to the US economy as a result of tighter credit conditions.
Still, given the consumer's heightened sensitivity to tighter credit conditions in this cycle, we expect the Bank to take a very cautious approach towards raising the target overnight rate.
«Limited job prospects, student debt, and flat wage growth have combined with tight credit conditions and low inventory to price millennials out of some of the top cities such as New York and San Francisco,» says Lawrence Yun, NAR's chief economist.
«Fiscal consolidation efforts, high unemployment, tight credit conditions and private deleveraging in peripheral countries will put a low cap on economic growth this year and next,» predicted TD economists in their latest outlook.
Donald Kohn, the vice-chairman of the Federal Reserve Board, cautioned that tight credit conditions will likely slow any improvement in the economy or in the unemployment rate in the U.S.
That could lead to a slight easing in today's tight credit conditions.
Last year was not a good one for big banks, and Q4 2011 is expected to be especially disappointing due to low trading revenues, tight credit conditions and the looming specter of Europe's banking crisis.
We say recovery because the effects of the 2008 financial crisis are still lingering in the form of slower - than - normal overall growth, owing to relatively high unemployment and tighter credit conditions.
Five to six million new renter households may be created within the next 10 years, likely caused from low inventories of homes available and tight credit conditions, according to the Bipartisan Policy Center.
Tight credit conditions, the ongoing housing contraction, and some slowing in export growth are likely to weigh on economic growth over the next few quarters.
Government austerity, tight credit conditions, and high unemployment continued to temper consumption, causing consumers to trade down to lower - priced snacking options.»
The eurozone crisis has also, they say, spilled over into «tighter credit conditions» and «elevated UK bank funding costs».
Given the tight credit conditions prevailing and the fact that most lenders have impaired balance sheets, it would be wise to steer clear.
Tight credit conditions, the ongoing housing contraction, and some slowing in export growth are likely to weigh on economic growth over the next few quarters.
A highly leveraged company with low liquidity can be forced into bankruptcy through a single period of poor profitability and tight credit conditions — even if historical profits have been good.
«Adding more bumps in the road, is that those finally in a position to buy have had to overcome low inventory levels in their price range, competition from investors, tight credit conditions and high mortgage insurance premiums.»
Tight credit conditions, the ongoing housing contraction, and elevated the rise in energy prices are likely to weigh on economic growth over the next few quarters.
«The very low supply of new homes on the market and tight credit conditions for home buyers shows that builders are still cautious about getting ahead of themselves,» says Rick Judson, chairman of the National Association of Home Builders.
«Adding more bumps in the road is that those finally in a position to buy have had to overcome low inventory levels in their price range, competition from investors, tight credit conditions and high mortgage insurance premiums.»
Tight credit conditions are preventing builders from meeting this emerging demand, putting workers back on the job and helping the economy move forward.
Despite a large pent - up demand from years of below - normal home sales, inventory constraints and tight credit conditions continue to impede the market, in combination with strongly rising home prices and higher mortgage interest rates.
Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50 - year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages.
«Similar to some of the obstacles facing first - time buyers, tighter credit conditions and having less purchasing power than households with dual incomes likely led to the share of single - female buyers declining to its lowest since 2001 (also 15 percent),» noted Dr. Yun.
Five to six million new renter households may be created within the next 10 years, likely caused from low inventories of homes available and tight credit conditions, according to the Bipartisan Policy Center.
«Given the tight credit conditions, a lot of smaller companies will have trouble getting financing and that will limit their flexibility,» says Robert McMillan, a REIT analyst with New York City - based rating agency Standard & Poor's.
«That said, housing production is still far from what would be considered normal in a healthy market, and many challenges remain for home builders in terms of tight credit conditions, difficult appraisals and the continued flow of foreclosed properties on the market — all of which are certainly slowing the pace of improvement in both housing and the overall economy.»
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