Posts from February 20th, 2018
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Ohio Market Watch: REALTORS optimistic strict lending practices continue to ease in 2018
By Greg Stitz, Ohio REALTORS Director of Research
In 2012, when the question was first asked, 17 percent of respondents expressed optimism that strict lending practices would ease during that year. This year, 42 percent of respondents to Ohio REALTORS January 2018 housing market confidence survey indicated optimism that strict lending practices would ease up in 2018. This finding reflects a 25 percent increase in optimism over the five-year period. 2018 findings also show that 14 percent of respondents are not optimistic lending practices will ease and 44 percent believe they will stay the same.