January Housing Scorecard – Data Reveals Mortgage Help Reaching Struggling Middle Class, Underwater and Minority Homeowners
By Jim Soda
(Keller Williams Lakewood Ranch-Sarasota)
January Housing Scorecard - Data Reveals Mortgage Help Reaching Struggling Middle Class, Underwater and Minority Homeowners RISMEDIA, February 2, 2011-The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the January 2011 edition of the Obama Administration's Housing Scorecard. The latest housing figures show increased new and existing home sales as home affordability remains high, but officials caution that the market remains fragile, as prices are unsettled. Foreclosure starts and completions remained low at the year's end, as lenders continue to review internal servicing procedures. "Over the last 20 months, the Obama Administration has confronted the nation's housing crisis with an unprecedented effort to promote stability in the...
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