Tag Archive for ‘ADC’

Stock of Residential AD&C Loans Declines Slightly

One factor holding back an even stronger rebound in home construction is the declining availability of acquisition, development and construction (AD&C) loans. While it appears the period of dramatic declines of the outstanding stock of AD&C loans ended in 2012, there has not yet been a robust expansion of lending consistent with current demand for home building.  According to data from the FDIC, the outstanding stock… Read More ›

Stock of Residential AD&C Loans Declines Slightly

One factor holding back an even stronger rebound in home construction is the declining availability of acquisition, development and construction (AD&C) loans. While it appears the period of dramatic declines of the outstanding stock of AD&C loans ended in 2012, there has not yet been a robust expansion of lending consistent with current demand for home building.  According to data from the FDIC, the outstanding stock… Read More ›

Lingering Problems with AD&C Credit=Shortage of Lots for Builders

A recent blog showed that, after many quarters of persistent and often extreme tightening, availability of credit for land acquistion, development and construction (AD&C) eased slightly at the end of 2012. However, most of the improvement was in the availability of loans for single-family construction.  For land acquisition and development, NAHB members were closer to evenly split on whether credit conditions had… Read More ›

Lingering Problems with AD&C Credit=Shortage of Lots for Builders

A recent blog showed that, after many quarters of persistent and often extreme tightening, availability of credit for land acquistion, development and construction (AD&C) eased slightly at the end of 2012. However, most of the improvement was in the availability of loans for single-family construction.  For land acquisition and development, NAHB members were closer to evenly split on whether credit conditions had… Read More ›

NAHB Survey on AD&C Lending for the 4th Quarter

Builders and developers continue to report that credit for acquisition, development, and construction (AD&C) is improving slightly, according to NAHB’s survey on AD&C financing.  In the fourth quarter of 2012, the overall net tightening index based on the AD&C survey was -4.5, which was little changed from the third quarter.  The index is constructed so negative numbers indicate easing of credit;… Read More ›

NAHB Survey on AD&C Lending for the 4th Quarter

Builders and developers continue to report that credit for acquisition, development, and construction (AD&C) is improving slightly, according to NAHB’s survey on AD&C financing.  In the fourth quarter of 2012, the overall net tightening index based on the AD&C survey was -4.5, which was little changed from the third quarter.  The index is constructed so negative numbers indicate easing of credit;… Read More ›

AD&C Lending in the 4th Quarter of 2012

One factor holding back an even stronger rebound in home construction is the lack of accessible Acquisition, Development and Construction (AD&C) loans. While it appears the period of dramatic declines of the outstanding stock of AD&C loans ended in 2012, there has not yet been a robust expansion of lending consistent with current demand for home building.  According to data from the FDIC, the outstanding stock of… Read More ›

AD&C Lending in the 4th Quarter of 2012

One factor holding back an even stronger rebound in home construction is the lack of accessible Acquisition, Development and Construction (AD&C) loans. While it appears the period of dramatic declines of the outstanding stock of AD&C loans ended in 2012, there has not yet been a robust expansion of lending consistent with current demand for home building.  According to data from the FDIC, the outstanding stock of… Read More ›

Credit Still Tight, Although Builders Report Slight Improvement

Availability of new loans for acquisition, development, and construction (AD&C) has finally started to improve slightly, according to NAHB’s survey on AD&C financing for the third quarter  of 2012.  The overall net bank tightening index calculated from the AD&C survey dropped from +6.0 in the second quarter down to -4.3.  The way the index is constructed,  negative numbers indicate easing… Read More ›