What to expect at HousingWire’s Spring Summit

The focus of the Summit is The Year-Round Purchase Market. Record low rates led to a banner year for mortgage lenders in 2020, and this year is expected to be just as incredible.

How real estate agents can increase profitability in 2021

As real estate professionals strategize on how to do business in this competitive, fast-paced market, they’ll discover the need for better tools to market their listings.

HousingWire's 2021 Spring Summit

We’ve gathered four of the top housing economists to speak at our virtual summit, a new event designed for HW+ members that’s focused on The Year-Round Purchase Market.

An Honest Conversation on minority homeownership

In this episode, Lloyd interviews a senior research associate in the Housing Finance Policy Center at the Urban Institute about the history and data behind minority homeownership.

CardHub: Record $57.1 billion in new credit card debt for 2014

Americans charging more than ever, pushing towards 'unsustainable'

CardHub today released its 2014 Credit Card Debt Study, which revealed that consumers ended 2014 with a record $57.1 billion net increase in credit card debt – 47% more than 2013 and 55% more than 2012.

Here’s what they found:

  • $45.5B: U.S. consumers incurred $45.5 billion in credit card debt during the fourth quarter alone, marking six consecutive quarters with year-over-year debt load increases.
  • $7,200: While defaults are at a six-year low, the average household’s credit card balance – nearly $7,200 as of the end of 2014 – is growing dangerously close to the $8,300 tipping point previously identified by CardHub as being unsustainable.
  • $180B: Consumers have now racked up close to $180 billion in credit card debt following the nearly debt-neutral years of 2009 and 2010.
  •  $60B: CardHub now projects a credit card debt increase of more than $60 billion in 2015.

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3d rendering of a row of luxury townhouses along a street

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