Aggregate household debt is quickly approaching the $18 trillion mark, with balances $3.8 trillion higher today than just before the pandemic. While the majority of that increase falls into mortgage categories, roughly $65 billion was incurred via non-housing related consumer…
Home Sales Drop to Lowest Level in 29 Years
Not only did home sales drop to their lowest level in nearly 30 years, but first time home-buyers represented just 24% of home sales last year. That is the lowest % ever recorded. That, combined with growth in the amount…