The U.S. Department of Housing and Urban Development (HUD) released its July Housing Scorecard and it shows a national housing market that is experiencing stronger sales of existing homes and a decline in foreclosures. Rising prices, job growth and improving access to mortgage credit will keep the U.S. housing market on the path to recovery, HUD officials said in a news release. Read more.
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First-Time Buyers Stuck as Entry-Level Homes Dry Up – Daily Real Estate News