Rising Home Prices Revive Lax Lending StandardsMani
With home prices continuing to rise, easing lending standards appears to be the quickest solution, notes a Sterne Agee analyst.
Lindsey M. Piegza, Chief Economist at Sterne Agee in the ‘Economic Insight’ report dated April 25, 2014, points out heightened costs have dampened sales, as many home shoppers are simply priced out of the market.
Climbing home prices
The Sterne Agee economist points out that housing prices are once again rising quickly. Citing the S&P/Case-Shiller composite index . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.