Friday , 22 September 2017

AD&C Financing Conditions Ease, But At A Slower Pace

By Michael Neal Builders and developers responding to NAHB’s AD&C Financing Survey continue to report easing credit conditions for acquisitions, development, and single-family construction loans. In the second quarter of 2017, the overall net tightening index based on the AD&C survey was -10.7, indicating net easing. All major categories of AD&C financing also recorded net easing, but land acquisition and single-family construction loans… Read More ›

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About Michael Neal

Michael Neal
Michael Neal is a Senior Economist at the National Association of Home Builders based in Washington D.C. In this capacity, Mr. Neal’s research involves monitoring housing finance issues that impact the U.S. housing market. As a housing economist, Mr. Neal has provided expert analysis and commentary on housing to media outlets around the country. Prior to joining NAHB, Michael worked at the Congress’ Joint Economic Committee, the Federal Reserve, the Congressional Budget Office and Goldman Sachs. He holds a B.A. degree in Economics from Morehouse College, an M.P.A. from the University of Pennsylvania.

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