Clever Real Estate’s latest survey revealed the average American’s non-mortgage debt burden increased by $7,512 in 2020 due to booming unemployment.
Source: Inman News
Americans accrued $7,512 in additional debt during 2020
Published in clever real estate, consumer debt, consumer saving, consumer spending, Coronavirus, Markets & Economy, mortgage debt, non-mortgage debt, recession and Select
More from clever real estateMore posts in clever real estate »
More from consumer debtMore posts in consumer debt »
More from consumer spendingMore posts in consumer spending »
More from CoronavirusMore posts in Coronavirus »
- The internet fell hard for real estate in 2021. But can the love affair last?
- Los Angeles apartment owners sue over COVID rent freeze
- Demand for urban homes will be ‘muted’ for years: McKinsey
- Chris Heller: Brokerages and teams are playing chicken. Who will win?
- Will migration fizzle out in 2023? History points to existential shift
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from mortgage debtMore posts in mortgage debt »
More from recessionMore posts in recession »
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- Heard of a K-shaped economy? You’re living in it now
- New Fannie, Freddie housing goals may hurt working families
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
Be First to Comment