Eye On Housing
Builders and developers continue to report credit easing for acquisition, development, and construction (AD&C) loans according to NAHB’s survey on AD&C financing. In the second quarter of 2013, the overall net tightening index based on the AD&C survey was -16.5, just slightly lower than the -20.5 reported in the first quarter 2013. The index is constructed so negative numbers indicate… Read More ›
Tag Archive for ‘ADC’
Survey Indicates Improving AD&C Lending Conditions
Builders and developers continue to report credit easing for acquisition, development, and construction (AD&C) loans according to NAHB’s survey on AD&C financing. In the second quarter of 2013, the overall net tightening index based on the AD&C survey was -16.5, just slightly lower than the -20.5 reported in the first quarter 2013. The index is constructed so negative numbers indicate… Read More ›
AD&C Lending Rising
One factor holding back an even stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, it appears the period of dramatic declines in the outstanding stock of AD&C loans ended in 2012, and recent data suggest that net lending is on the rise. According to data from the FDIC, the outstanding stock of residential AD&C… Read More ›
AD&C Lending Rising
One factor holding back an even stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, it appears the period of dramatic declines in the outstanding stock of AD&C loans ended in 2012, and recent data suggest that net lending is on the rise. According to data from the FDIC, the outstanding stock of residential AD&C… Read More ›
SLOOS: CRE Lending Standards Ease, But Mostly At National Banks
The Federal Reserve Board recently released its quarterly survey of senior bank loan officers. The standard questions asked by the survey address changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. The most recent survey results indicate that a moderate fraction of banks had eased their standards for… 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 ›
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 ›