White House: New policy will help home buyers

Posted by Bonnie Martin Designated Broker on Wednesday, May 21st, 2014 at 12:28pm.

new_construction_buchachon_450money.cnn.com - As construction and homebuyer activity in communities across the country demonstrate, the housing market continues to recover. Home prices nationwide were up as much as 13% in the past year, which helped lift four million homeowners from being underwater.

And while the collapse of the housing market was a major cause of the Great Recession, stronger residential investment has helped boost economic growth over the last few years by spurring construction activity and helping American families build back their hard-earned wealth.

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