The nation's strongest residential real estate conditions remain concentrated in the West, the Northeast and areas of the South such as Florida and Virginia, said a study by the Federal Deposit Insurance Corp. issued Tuesday. In contrast, the Midwest continues to lag the rest of the nation in terms of economic performance, said the FDIC's State Profiles and a new companion publication, FDIC Regional Profile, issued Tuesday. The reports provide quarterly state-by-state and regional snapshots of economic and banking trends. The country's strongest labor, credit and residential real estate conditions remain solidly concentrated in the West, Northeast, areas of the South such as Florida and Virginia, and the Northeast and bank industry performance is also strongest in most of these regions...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.