This demographic shit has also been playing a role in both the lack of inventory and in the slowness in new home sales over the past several years.
The card has some striking benefits, including a 100,000-point bonus after you spend $4,000 in the first three months.
That’s a 6 percent increase over last year’s estimate of $245,000, and the highest estimate since calculations began in 2002, Fidelity says.
A stunning 92 percent of parents report that their kids are using tech for learning. That’s a significant jump from the 82 percent who said the same in 2015, AmEx found.
The survey found that 73 percent of those who checked their credit score seven or more times in a year said that this regular vigilance had a positive impact.
Homes are selling more quickly this year than last year in 27 of the nation’s 35 largest metro housing markets – in some cases, much more quickly.
The report finds that between 2005 and 2014, real incomes in those same advanced economies were flat or fell for 65 to 70 percent of households, or more than 540 million people.
Some 71 percent believe the U.S. economic system is “rigged in favor of certain groups,” the survey found.
Some 31 percent of adults, or 76 million people, say they are struggling to get by, the Fed survey found.
The housing market has pushed forward at a faster clip, with new home sales hit their highest mark since 2008 in April.