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The housing market is showing further signs of improvement according to the Obama Administration’s Housing Scorecard for June. Foreclosure starts and completions are decreasing drastically across the nation compared to last year. Home values and prices are continuing to rise with home values lifting 2.4 million homeowners above water. Kurt Usowski, Deputy Assistant Secretary for Economic Affairs said, “the Obama Administration’s efforts to speed the housing recovery are showing continued progress as the June scorecard indicators highlight ongoing improvements throughout the housing market.” More here
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