Sentences with phrase «tight lending conditions»
The combination of tight lending conditions and weak job growth is a reason for the continuing decline in the homeownership rate.
eyeonhousing.org
Yet tight lending conditions continue to pose a major obstacle to many prospective home buyers.
«This upward trend could be even stronger if not for persistently tight lending conditions for buyers and builders facing rising costs for building materials, lots and labor.»
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.
«A narrow QM would certainly harm consumers by increasing borrowing costs and further restricting already tight lending conditions, which could curtail the country's fragile real estate and economic recoveries.»
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.»
«These adverse effects would weaken the credit quality of bank's loan portfolios and could lead to tighter lending conditions for households and businesses.
«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.»
Those who follow housing economics in America have heard, for many years now, that tight lending conditions are holding back a full housing recovery.
Credit has become much tighter, and lenders are seeing these tight lending conditions reflected in their balance sheets.
New mortgage underwriting rules contributed to tighter lending conditions for households in the first quarter of 2018, according to the Bank of Canada's survey of financial institutions.
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.
«In addition, builders across the country continue to report that overly tight lending conditions and inaccurate appraisals are major obstacles to completing sales at this time.»
«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.»
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.
The expected delays in new office projects due to the tight lending conditions developers are facing, coupled with low vacancy rates, may push tenants to the suburbs to solve any short - term demand issues, says the report.
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.