Another Ballin’ Bureaucrat

Obama’s housing chief: Now’s the time to buy

Washington (CNN) – Housing prices have hit rock bottom and the economic climate is prime to purchase a home, said Housing and Urban Development Secretary Shaun Donovan.

In an interview broadcast Sunday on CNN’s “State of the Union,” Donovan said declining foreclosure rates make him hopeful, adding that it is “very unlikely we see a significant further decline.”

FULL STORY HERE WITH VIDEO