National Mortgage News says the uncertainty is causing concerns and headaches for banks everywhere about the continued health of their own businesses.
Since the housing bust, the residential real estate market has recovered in some places, while remaining dormant in others. Even more unsettling for bankers are the areas prone to yo-yo such as Southern California and Las Vegas, where big jumps in prices and sales volumes have been followed by lulls. National Mortgage News’ John Engen delves into the details.
