October 2, 2012
OVERNIGHT MONEY: Donovan talks housing recovery
Overnight Money: Donovan talks housing recovery.
By: Vikki Needham & Bernie Becker
Let’s get together and talk about the housing market: Housing Secretary Shaun Donovan will headline a housing policy summit on Tuesday at the National Press Club that will get into the nitty gritty of the sector’s slow but steady recovery.
Donovan will join a bunch of other housing industry experts to examine where the housing market stands and what needs to be done to provide an extra boost to accelerate its pace of recovery.
The general consensus is that the housing market has hit bottom and is on the mend.
Before Congress left for the elections, Donovan chatted with Democratic senators, reassuring them that proposed refinancing legislation, along with a couple of other housing-focused bills, remains a top priority for the Obama administration.