Tag Archive for ‘land development’

Lending Standards Tighten on Land Development and Construction Lending

Credit standards on applications for land development and construction loans or credit lines tightened on net, albeit slightly, over the second quarter of 2015. According to the most recent iteration of the Federal Reserve Board’s Senior Loan Officer Opinion Survey, a net share of 1.4% of senior bank respondents reported that lending standards at their respective bank tightened over the… Read More ›

The Typical American Subdivision

Data collected during a 2014 survey allow NAHB to produce, for the first time, summary statistics that describe the typical residential subdivision being built in the United States.  The results were recently published as a Special Study in HousingEconomics.com. For subdivisions of single-family detached homes, the summary statistics are as follows: Median size: 22 acres. Median number of housing units: 48. Median gross density:… 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 ›

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 ›