The housing market made important progress in its slow path to recovery in August, including gains in home prices and equity and sales of existing homes, according to the Obama Administration’s most recent housing scorecard. While the overall recovery remains "fragile," officials caution in the report, released jointly by the Departments of Housing and Urban [.]
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Newly initiated foreclosures are on the decline, reaching their lowest numbers since December 2005 in June, according to the latest Housing Scorecard from the Obama administration. Meanwhile, the administration continues to add to the tally of homeowners helped through its making home affordable program, bringing the total to more than 1.7 million as of June.
The U.S. housing market continues to make strong gains across several key indicators, as the U.S. Department of Housing and Urban Development (HUD) reports in the latest housing scorecard.The August edition of the report, compiled through HUD, the U.S. Department of the Treasury and the Obama Administration, showed progress among home prices, purchases of new homes, and sales of existing homes.
Obama Scorecard: Housing headed in right direction Megan Hopkins is a Reporter for HousingWire. She has worked as a reporter and copyeditor for publications such as the Baylor Lariat, Focus.
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In "Is America Headed in the Right Direction? Readers Respond," The Times wrote: President Obama will speak to the nation in his final State of the Union address with an "upbeat, optimistic" message about the state of America rather than a long list of proposals, Peter Baker reports.
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Critics in both political parties say the program was too generous to Wall Street and too weak to help the housing industry. by the end of Obama’s current term. Among TARP’s critics was Elizabeth.
obama administration releases august housing scorecard Administration’s efforts to speed the housing recovery continue to show progress in latest housing data WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the August edition of the Obama Administration’s Housing.