Obama Administration Releases December Housing Scorecard

by Sabrina I. Pacifici on December 26, 2010

News release: “The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury [December 22, 2010] released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing market, with interest rates near record lows, but the market remains fragile, as prices are unsettled. Foreclosure starts and completions dropped significantly in November, as lenders review internal servicing procedures. The housing scorecard is a comprehensive report on the nation’s housing market.”

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