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.