Definition of "Tight money"

  1. A decrease in spending dollars because of a decrease in the money supply.
  2. Less funds available to prospective home buyers by lenders. Attractive mortgages are difficult to get.

Comments for Tight Money

Maria Del Rosario Rivera Cuevas Maria Del Rosario Rivera Cuevas said:

what would need to occur to turn a tight money market into an easy money market?

Jun 10, 2021  23:49:44

 
Real Estate Agent

Hey Maria! Thank you for reaching out to us. For a tight money market to turn into an easy money market, a recession is required. An easy money market is designed to increase the money supply, grow the collective demand, and create new jobs. By doing this, interest rates will drop, business activities will accelerate, and the unemployment rates will drop.

Jun 11, 2021  07:33:17
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Expected period of benefit used to depreciate business property, plant, and equipment. The guidelines may be developed by the industry or Internal Revenue Service (IRS). ...

Cancellation of a contract such as when a real estate agreement is deemed illegal. ...

Paneled brickwork between timber quarters, a framed wall, or partition. ...

Land subject to an easement. ...

"Gross Leasable Area" or GLA is more than just jargon. Understanding property value and potential income is super important, especially in commercial real estate. What does Gross Leasable ...

Within Real Estate, “nuisance” is a term used to describe any disturbance that might affect neighboring houses. Nuisance abatement is the enforcing of policies and codes that ...

Items of real and personal property that usually have a long life, such as housing and other real estate. ...

Structure that has the same blue print and design as all the other homes in a given development; the opposite of custom built. ...

principal line running north and south in the government rectangular survey method. Other meridians, each 24 miles apart, are surveyed from the principal meridian. ...

Popular Real Estate Questions