Tag Archives: Housing Scorecard Shows Big Gains in ‘Fragile’ Recovery

The housing market is making key progress in home prices and sales, but officials warn that the overall recovery remains “fragile” in the Obama administration’s Housing Scorecard for March. “Despite the positive news, we have important work ahead since there are so many families and individuals still struggling,” says Kurt Usowski, HUD deputy assistant secretary for economic affairs. In 2012, home owner equity grew by more than $1.64 trillion. Rising home values have lifted 1.7 million home owners above water again, the Housing Scorecard notes. Home prices and home sales […]