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December Housing Scorecard
HUD and Treasury have released the December 2013 Housing Scorecard, the Obama Administration's comprehensive report of the U.S. housing market. The agencies noted that since the beginning of 2012, the number of homeowners underwater has declined by 5.7 million and homeowners' equity has risen by 55 percent to $9.7 trillion, both "encouraging signs that the housing market recovery is providing millions of American homeowners with more economic security."