«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,» he says.
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.
«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.
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.
Not exact matches
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.
Credit crises lead to big overall declines in market values, particularly with financial stocks, but affecting all other stocks, because when credit conditions are tight, things slow for all
Credit crises lead to big overall declines in market values, particularly
with financial stocks, but affecting all other stocks, because when
credit conditions are tight, things slow for all
credit conditions are
tight, things slow for all firms.
Although benchmark EM
credit spreads are compressing to 12 month lows, favorable global liquidity
conditions suggest still a slow grind
tighter with few options other than the high yielding single B
credits like Argentina.
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.
Pending home sales slowed in August,
with tight inventory
conditions, higher interest rates, rising home prices and continuing restrictive mortgage
credit impacting the market.
«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.