Big Squeeze

“…tightening of loan and underwriting standards now underway is likely to push demand for homes down 15 percent this year,” according to analysts who follow the stocks of major home builders for Banc of America Securities LLC. Read the full story, “Tighter lending standards…” by Matt Carter at the Inman News website. This is a nice follow up article to my post earlier this week about changing credit standards and how they may impact our Sacramento real estate market.

Happy first day of Spring!