Read my latest Bloomberg View column Guess What’s Holding Back Housing [2]. Please join the conversation over at Bloomberg View. Here’s an excerpt…
During the U.S. housing boom, real-estate appraisers acted like deal-enablers rather than valuation experts. Indeed, inflated appraisals were a key ingredient in the erosion of mortgage-lending standards that led to the housing bust. Now we are seeing the opposite — low appraisals — with unwelcome consequences for the housing market.
[read more [2]]
My Bloomberg View Column Directory [1]
My Bloomberg View RSS feed [3].