Finances Archive

2016 Survey of Consumer Finances Takeaway: Income and Wealth Share of 90 Percent of Families Has Declined in Past 27 Years (1989-2016)

The Federal Reserve Board just released the much anticipated 2016 Survey of Consumer Finances (SCF), a survey conducted every three years that collects information about family incomes, their net worth/wealth, and other financial characteristics of families. The survey shows...

10% Of First-time Buyers Purchased Home With Cash

In July, existing home sales declined from the previous month, maintaining a soft pace. Contract cancellations and delays were partly responsible. With banks retaining tight underwriting standards, many buyers find their mortgage application declined. In addition, appraised values are...

July Regional Vice-Presidential Reports: Region 5 And Region 7 Highlights

Local data is critical to understanding local markets, but real time information is best. Each Survey of REALTOR® Sentiment/ Regional Vice-Presidential Report (RVPR) is a collection of results from NAR’s most recent REALTOR® Confidence Index along with commentary from...

International Attitudes Towards Personal Finances and Economies

According to the Genworth International Mortgage Trends Report, consumers are more worried about personal finances than their countries’ economies. Across the countries surveyed, over 40% of all respondents felt negative about their economy while 75% were concerned about their...