Smartphones and tablets are being increasingly important tools that home buyers are relying on in their home search, according to a new survey from The Real Estate Book and RealEstateBook.com.
___________________________________________________________________________________
The Federal Reserve sounded more upbeat about the direction of the economy, citing signs of an improving job market and increased household spending, according to a statement released after the Fed’s annual policy-making committee meeting.
___________________________________________________________________________________
Four of the the country’s 19 largest banks do not have enough capital to withstand another economic downturn, if one occurs, according to the Federal Reserve’s latest stress test for banks.
____________________________________________________________________________________
Home insurance policies are generally a requirement in order for borrowers to get a home loan, and for those home owners who let their policies lapse or don’t buy it on their own, mortgage companies can do it for them. The result is often pricey homeowners insurance that home owners are then billed for.
____________________________________________________________________________________
Nevada has long held the No. 1 spot for the most foreclosures in the nation. And while it still does, a dramatic shift is taking place in the state. Foreclosure sales dropped 40 percent in February in Nevada, according to foreclosure data of western states by ForeclosureRadar.
____________________________________________________________________________________
Four of five consumers still think home ownership is a good investment and an important part of the American dream, according to the annual Next Home consumer survey from Better Homes and Gardens. However, they want a smaller dream home with a median square footage of just 1,791 square feet, down from 1,846 square feet last year.
____________________________________________________________________________________