The government & Fed ran programs that directly, by design, benefited all homeowners, to the tune of $5+ trillion.
http://www.bloomberg.com/news/2014-03-14/blackstone-s-home-b...
Home equity has climbed by $4+ trillion in just the last 2.5 years, an increase of 64%; from $6.7 trillion in the first quarter of 2012, to roughly $11 trillion today.
Home owners have benefited massively from the Fed bailout, via low mortgage rates and cheap refinancing. Home owners have gained probably $8 trillion since the bottom, across essentially every market in the US.
You're definitely right about prices have definitely gone up[1] (side note: Case-Shiller Index isn't close to 64% nationally), but all of this is all on paper. Residential home sales are still at '08/'09 levels; it's hard to translate those paper gains into liquidity [2]. I also agree with the low mortgage rates comment, however, all of the QE money is going everywhere but the housing market. Even if you have a stellar credit rating, it will be incredibly difficult to get a loan. Hell, even Ben Bernanke couldn't refinance his mortgage, which is both ironic and absolutely insane when you think about it [3]. Six years post-TARP, the housing market and American economy, still have plenty of structural issues. TARP was a monumental decision that will forever affect every part of America and housing prices cannot be the only metric or lens that we judge TARP's performance on.
[1]Case Shiller Housing Index - http://us.spindices.com/additional-reports/all-returns/index... [2]https://www.flickr.com/photos/126862837@N04/15451411994/ [3]http://www.bloomberg.com/news/2014-10-02/you-know-it-s-a-tou...