(please click ad for more information)

What's New?

At the Leagues

The Leagues

California & Nevada

Current News

Relevant Information—For You, By You
Dwight Johnston, Vice President and Chief Economist for the California and Nevada Credit Union Leagues

HOUSING: NOT TOO HOT, NOT TOO COLD
updated 10/25/13 11:45 AM
Stable Market in Sight
The housing markets in California and Nevada have been raging for more than a year. Prices and sales languished for almost three years after the economic recovery began and the confidence factor kept buyers at bay.

But that changed last year when big investment money started flowing into housing. Several multi-billion dollar and slightly smaller funds sprang up out of nowhere.

The tidal wave of money from Wall Street became caused something to snap on the part of would-be homebuyers. Not only did buyers find a reason to be confident that home prices have bottomed, they finally discovered the power of low mortgage rates.

However, homebuyers found a competitive market instead of a market awash with homes begging for purchasers. The abundant supply of homes had vanished. The market went from ice cold to boiling hot in a matter of a few short months.

Click here to continue reading the latest Economic Perspective column on Page 10 within the October/November edition of Credit Union Digest!

 
print   email   share   share   share

LEAGUE SURVEY EXTENDED TO NOV. 21 updated 11/19/14 10:57 AM
Overdraft and Courtesy Pay
The deadline for the California and Nevada Credit Union Leagues’ survey to obtain information about credit unions’ overdraft and courtesy-pay programs has been extended to Nov. 21.

CUs RECEIVE UNRIVALED SURVEY SCORE updated 11/18/14 11:10 AM
Ranked First in 'Customer Satisfaction'
Credit unions are ranked first in customer satisfaction, significantly outpacing all other financial services, according to findings released Tuesday by the American Customer Satisfaction Index (ACSI).

2015 'GAC': TIME TO START PLANNING updated 11/18/14 09:20 AM
Find Out More and Register
With the elections finished and the 114th Congress scheduled to begin Jan. 6, credit union members should look forward to the next installment in the California and Nevada Credit Union Leagues' advocacy efforts: The 2015 Governmental Affairs Conference (GAC).

CA, NV CU LENDING GROWTH CONTINUES updated 11/18/14 09:17 AM
Nevada Posts Double-Digit Gains
Nevada credit unions posted double-digit gains in the third quarter of 2014 in business lending, credit cards, and used vehicle loans, according to a report released by the Credit Union National Association (CUNA). Meanwhile, total California credit union loans are up 10.5 percent over the first nine months of the year.