HUD Releases December Housing Scorecard

HUD logoThe U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the December edition of the Obama Administration’s Housing Scorecard last week. The latest 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 reviewed internal servicing procedures. Data in the scorecard also show that the recovery in the housing market continues to remain fragile. The scorecard is available here: http://portal.hud.gov/hudportal/documents/huddoc?id=DEC_SCORE.pdf
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