03.02.2012 - Tighter lending holding back U.S. housing market, Miller says

The U.S. real estate market would be expanding if lending standards were more balanced and credit more available, according to Jonathan Miller of Miller Samuel Inc. “We would probably have a housing boom with the rates that mortgage levels are at,” Miller, president and chief executive of New York-based appraiser Miller Samuel Inc., said during Bloomberg Television’s “Surveillance Midday,” with Tom Keene...............................................Full Article: Source

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