With the price of housing continuing to rise today, some consumers may soon be priced out of owning a home. According to Redfin, places like Columbia, SC, home prices increased 24% in late 2019; Delray Beach, FL, prices went up by 21%; Detroit, MI, rose 17%; Pittsburgh, PA, up by 15%; Boise, ID, up 12%. […]
Paul Newman, Millennials, and the CU Passage to Lending in the Future
Have you ever tried Newman’s Own salad dressing? Most of us have at one point or another and, if you haven’t, chances are you’ve heard of it. It’s owned and operated under the Newman’s Own brand—a brand that gives 100% of its profits to charity. Since its conception in 1982, the organization has donated more […]
Future Household Formation: The Changes Your CU Should Anticipate
Just for a minute, toss aside the debate about future mortgages rates, home prices, a possible looming economic recession, and some of the other noisy chatter plaguing today’s housing market discussions. Is your credit union ready for some serious demographic changes ahead? How would you think differently about serving existing and future members if you […]
How Credit Unions can Approach Summer-to-Autumn’s Strange Housing Dynamics
Real estate data-giant Redfin and news media outlet Bloomberg have both reported how the U.S. housing market could be entering one of the broadest and strangest “cooling off” periods experienced in several years. Even though home inventory could get worse between now and autumn, it may not add pressure to increase sale prices. What’s […]
Millennials Should Have Changed the Way You Do Business
CU Members Mortgage Senior Vice President Steve Hewins joined Mike Lawson at the Studio Lounge at NAFCU 2019 to share his thoughts on Millennials and how they don’t know anything about Newman’s Own brand and how this affects marketers today trying to connect with them. He also talked about four key organizational capabilities to capture […]
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