May 18, 2011

Daily Housing News Round-Up

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If you like these daily wraps, you’ll love following @HUDgov on Twitter! Tomorrow at 10 a.m., we’ll be live-tweeting a learning session, “Performance Measurement in Public Organizations,” hosted by the Office of the Chief Information Officer. To join the conversation, check out hashtag #HUDOCIOLS.

But enough about tomorrow. Here’s the housing news from today.

  • CLPHA Executive Director Sunia Zaterman took to the pages of the Huffington Post to explain why media hits against housing programs are missing the mark.
  • With Reuters reporting that low-income families have suffered declining finances this year, HUD’s mission to deliver affordable housing is as important as ever.
  • America’s homeownership rate has dropped from a 2004 peak of 69.2 percent to 66.4 percent. US News & World Report poses an interesting question: Is a decline in homeownership a bad thing?
  • Trulia/RealtyTrac respondents say the housing market will recover in 2014 or later. This weekend, Secretary Donovan appeared on CNN to offer his take on the market. Long story short: Accelerating job growth could facilitate a faster housing turnaround.

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