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FINANCIAL HORIZONS CU
|Financial Horizons CU hosted an American Hero 5K at the Fallon Churchill Fire Department.
07/27/16 08:58 AM
Financial Horizons CU
hosted an American Hero 5K to honor all active and retired military, fire fighters, law enforcement, search and rescue, and paramedics. A total of $2,439.72 was raised and will benefit the following agencies: Fallon Fire Department, Churchill County Sheriff’s Office Deputy’s Association, Fallon Police Department Officers Fund, Churchill County Search and Rescue and Wounded Warriors.
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From the Editors of CU Weekly
HOUSING: NOT TOO HOT, NOT TOO COLD
|Dwight Johnston, Vice President and Chief Economist for the California and Nevada Credit Union Leagues
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!