Real estate blog entries tagged with housing crisis to end in 2012 by Jeff & Jane Daley, Scottsdale Real Estate For Sale (Luxury Valley Homes For Buyers & Sellers Phoenix AZ Area)

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Home : Blogs : Jeff & Jane Daley, Scottsdale Real Estate For Sale : Jeff & Jane Daley - Scottsdale AZ Real Estate Blog : Tag "housing crisis to end in 2012"

housing crisis to end in 2012: Housing Crisis to End in 2012 as Banks Loosen Credit Standards - 02/10/12 10:17 AM

Housing Crisis to End in 2012 as Banks Loosen Credit Standards
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.
The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.
Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with the past three quarters.
However, other market indicators point not just to a stabilization of … (1 comments)

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Jeff & Jane Daley, Scottsdale Real Estate For Sale

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