According to NAHB’s Survey on Acquisition, Development & Construction Financing, residential real estate builders and developers reported that credit conditions for acquisition, development, and single-family construction (AD&C) loans were easier in the second quarter of 2016 than in the first quarter of 2016. Hence the NAHB net tightening index dropped from its level in the first quarter. Following 5 consecutive… Read More ›
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Lending Standards on AD&C Financing Continue to Ease, but at a Diminished Pace
According to NAHB’s Survey on Acquisition, Development & Construction Financing, builders and developers again reported easing credit standards for acquisition, development, and construction (AD&C) loans. However, the pace of easing continues to slow from previous periods. In the first quarter of 2016, 13.3% of survey respondents on net indicated that overall lending standards on AD&C loan availability had eased. In… Read More ›
Lending Standards on AD&C Financing Continue to Ease, but at a Moderately Slower Pace
Builders and developers continue to report easing credit standards for acquisition, development, and construction (AD&C) loans. However, the pace of easing has slowed somewhat from previous periods. According to NAHB’s Survey on Acquisition, Development & Construction Financing, 27.7% of survey respondents on net indicated that overall lending standards on AD&C loan availability had eased in the fourth quarter of 2015…. Read More ›