Tag Archives: Homeowner equity reaches highest level since 2008

Data from the Obama Administration’s May scorecard revealed continued improvement in housing, yet officials warn that a full recovery will still take more time.  “As the May housing scorecard indicates, the Obama Administration’s policies and actions over the last four years to speed housing recovery are continuing to show important signs of progress,” said the U.S. Department of Housing and Urban Development Deputy Assistant Secretary for Economic Affairs Kurt Usowski.  He added, “In the first quarter of 2013, homeowners’ equity grew by more than $815 billion, reaching its highest level […]