March 10, 2015

Measuring Progress in the Housing Market

HUD’s February housing scorecard provides a closer look at the recovery of our nation’s housing market. While this scorecard notes that the housing market is on a strong trajectory, it’s clear we must stay committed to helping American families and homeowners who continue to recover from the Great Recession. The latest data show progress among […]

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June 25, 2014

Celebrating Homeownership Month in My New Home

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In 2008 I was sitting in an office building in Chicago when the greatest recession since the Great Depression began unleashing its full force on the American economy. Not only had Lehman Brothers and AIG tanked, but the Great Recession was taking many U.S. financial institutions with it. The housing market had also crashed, leaving […]

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September 24, 2013

5 Years Later – A Housing Market on the Rebound

Cross posted from Zillow.com I will never forget the uncertainty that loomed over our nation five years ago, when a financial collapse on Wall Street spurred the worst economic crisis since the Great Depression. At the time, I was serving as a commissioner in New York City. I vividly remember being in City Hall when […]

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