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HOUSING SCORECARD OCTOBER OF 2013

By
Industry Observer CDRE #01044712

On November, 2013, The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the October 2013 edition of the Housing Scorecard on the nation’s housing market. The housing scorecard data shows most metropolitan areas significantly improving.

More than 1.8 million borrowers benefited from Making Home Affordable Program (HAMP) and over 1.2 million homeowners got permanent modification with HAMP saving approximately $547.00 per month on mortgage payments, up to $22.9 Billion in total savings, according HUD Public Affairs (202)708-0980 and Treasury Public Affairs (202)622-2960, HUDNo.13-167. The October of 2013 Housing Scorecard report is available online at www.hud.gov/scorecard

Home Affordable Refinance Program and Home Affordable Modification Program helped many home owners obtain more affordable mortgages and do loan modifications to prevent foreclosure and stay in their home through October of 2013.

For complete information on The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury October 2013 edition Housing Scorecard on the nation’s housing market, please CLICK HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

John - thanks for the current good news! Also, thank you for being such a an integral part of the housing market and doing your part to stimulate the economy. It's great to see California in recovery and the programs are working!

Nov 17, 2013 05:59 AM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

John

Very interesting numbers. I had no idea it helped this many people. cheers cvc

Nov 17, 2013 11:10 PM
John Pusa
Glendale, CA

Patricia, you are welcome, and I am glad the report is helpful. Thank you for stopping by and the comment.

Curtis, some programs helped many people. Thank you for stopping by and the comment.

Nov 18, 2013 04:14 AM