The Great Recession Is Receding
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the June edition of the Obama Administration's Housing Scorecard Thursday. The most recent data show progress with regards to key factors including growing equity and a rebound in the sale of new and existing homes. Although the scorecard indicates progress, officials warn that much more needs to be done to fully recover from the Great Recession. [7/11/14]