As we move into summer, the housing market is experiencing notable changes. Real estate expert Steven Thomas highlights a significant increase in sellers, a shift not seen in previous years. This trend is similar to the recovery seen in new car inventories after the pandemic. Factors driving this include growing families needing more space, empty nesters downsizing, and people relocating closer to family. Homeowners who delayed selling due to low mortgage rates and unfavorable conditions are now listing their properties.

“Phishing” is a common type of cyber-attack that targets individuals through email, text messages, phone calls, and other forms of communication. A phishing attack aims to trick the recipient into falling for the attacker’s desired action, such as revealing financial information, system login credentials, an immediate payment or other sensitive information.

At Nuvision Credit Union, our commitment to building better lives for our members and strengthening our communities is reflected in every step we take. We are excited to share recent developments that highlight our dedication to this mission, including welcoming new members through strategic mergers, breaking ground on a new branch in Mesa, Arizona, and celebrating the opening of a new facility in Fairbanks, Alaska.

In an effort to help our members make sense of the economic uncertainties facing us today—from the looming concerns of recession and inflation to the complexities of the housing market—Nuvision recently hosted an important event in our 2024 Economic Forecast Series. For those who couldn't attend the live session, we've put together a comprehensive recap of the insights shared by Dr. Christopher Thornberg, a leading economic expert known for his accurate predictions of major economic shifts, including the 2007 subprime mortgage crisis.

Memorial Day, observed on the last Monday of May, holds profound significance as a day to honor and remember the men and women who have made the ultimate sacrifice in service of the United States. This day provides an opportunity for reflection on the bravery and sacrifice of those who lost their lives defending our freedoms and values.

As we prepare to honor Memorial Day, Nuvision Credit Union is honored to spotlight John Amundson as one of our Nuvision Heroes. A proud Nuvision member since 1986 and a resident of Fountain Valley, California, John embodies the spirit of service and sacrifice through his commendable actions during the Vietnam War and his ongoing dedication to veteran affairs.

Nuvision Credit Union (Nuvision) and Paradise Valley Federal Credit Union (PVFCU) announced today that their merger has been approved by a majority vote of PVFCU members. With all approvals received, the legal date of the merger for the two organizations is planned for May 1, 2024.

As the spring buying season goes into full swing, the U.S. housing market in April 2024 continues to present a complex mix of rising home prices, shifting regional demands, and shifting buyer and seller behaviors. Despite fluctuations in interest rates and regional disparities, the national housing market exhibits resilience, with significant implications for both first-time and seasoned homebuyers.