Monday, April 6, 2026

Home Seller Profits Soar In 2020

Thu, 28 January 2021  |  housing 

Home sellers nationwide in 2020 realized a home-price gain of $68,843 on the typical sale, up from $53,700 in 2019 and $48,500 two years ago, according to a new report from ATTOM Data Solutions. Profits rose in more than 90 percent of housing markets with enough data to analyze and the latest figure, based on median purchase and resale prices, marked the highest level in the United States since at least 2005.

The $68,843 profit on median priced single-family homes and condos represented a 34.7 percent return on investment compared to the original purchase price, up from 29.4 per... Read More

Pandemic May Be Catalyst to More Retirement Savings

Wed, 27 January 2021  |  pandemic retirement saving 

The COVID-19 pandemic and its effects on the economy had Americans tightening their belts, and it may be the catalyst that now drives them to spend less and save more. That’s according to a new survey from Empower Retirement and Personal Capital conducted by Harris Poll1 that asks working and retired Americans how the coronavirus economy has affected them and their savings plans. The results show that Americans are worried about the overall economy, but they are committed to setting and reaching their financial goals.

The pandemic highlighted the importance of saving, accordi... Read More

More Consumers Willing to Share Lifestyle Data for Behavior-Based Insurance Premiums

Tue, 26 January 2021  |  insurance 

The number of consumers willing to share significant data on their health and other lifestyle-related habits with their insurer to reduce premiums has grown over the past two years, but their trust in insurers to look after that data has fallen, according to a new report from Accenture.

Based on a survey of more than 47,000 consumers globally, Accenture’s latest Global Insurance Consumer Study provides a view of consumer preferences and trends in insurance, building on similar reports from 2019 and 2017.

At a time when insurers are launching tech-driven partnerships ... Read More

Rewarding Card Spending with Stock Ownership Drives Greater Lifetime Value

Tue, 26 January 2021  |  credit stock ownership 

New research from Bumped, a fintech company with the goal to create an ownership economy through fractional stock rewards, released data from their two-year pilot study that shows the impact stock rewards for credit card spending can have on user behavior. The data indicates an owner drives 33% more lifetime value than a customer does.

The Bumped pilot ran for two years and rewarded over 13,000 US consumers in fractional stock rewards when they spent at more than 80 brands. Once rewarded in stock by a brand, the average Bumped user showed a 43 percent increase in monthly spendin... Read More

Black Americans at a Disadvantage in Financial Services

Tue, 26 January 2021  |  credit 

Black and Hispanic Americans are being hit harder by the credit system, a recent survey from Credit Sesame finds. With poor credit impacting more than just one's financial picture—it can affect everything from a consumer's mental health to their ability to get a car loan or lease a cell phone—this racial credit gap comes at a high cost.

According to the research, which surveyed 5,000 adults in the United States, Black Americans report having the lowest overall credit scores of the groups surveyed. More than half (54 percent) of Black Americans report having poor or fair cr... Read More

Financial Stability Still Hard to Come by for Many Americans

Mon, 25 January 2021  |  pandemic investing 

Although the COVID-19 pandemic presented a curveball for many families, most Americans (81%) feel in control of their financial situation, according to a recent study by financial-services firm Edward Jones. When it comes to financial resilience – the ability to withstand or quickly recover from difficult financial situations – almost half of respondents (46%) are confident in their current abilities.

"It's encouraging to see that Americans feel confident in their financial standing given the tumultuous year 2020 presented," said Edward Jones Principal Vanessa Okwuraiwe. "Ev... Read More