Tag Archives: SBA: Hopeful housing signs in an uncertain economy

Loan origination and default data suggest that a recovery in the housing industry has been in effect since 2010, according to the Small Business Administration. While improvements in housing prices, annual growth rates, loan disbursements and geographical housing trends indicate the industry is well on its way to recovery, there are still concerns. The level of small business defaults is higher than historical averages, but has declined consistently since 2009 as a result of support from federal stimulus spending, an improving economy and a housing market on the mend. The […]