Ohio Market Watch: Optimism lending practices will ease remains unchanged
On February 11, 2016
By Greg Stitz, OAR Director of Research
After expressing increased optimism that lending practices would ease at the beginning of 2015 compared to a year earlier, optimism for Ohio REALTORS in 2016 remains relatively unchanged. About as many Ohio REALTORS are optimistic (31 percent) as are not optimistic (33 percent) that lending practices will ease in 2016, according to findings from OAR’s latest Ohio REALTOR Housing Market Confidence survey. Last year 33 percent expressed optimism and 30 percent expressed a lack of optimism that lending practices would ease in 2015.
Survey results are based on responses to a monthly survey, designed to capture the effects of the existing economic conditions and trends on the real estate industry, sent to a pool of 1,500 OAR participants. Click here to participate in future OAR Housing Confidence Surveys.
Tags: Ohio Market Watch, research