Blog – Page 696 of 790

01 Aug 2014

The 5-Minute Guide To Flood Insurance: What It Is, How It Works, And Whether You Need It

Real Estate

You've got house insurance, and assume your property is covered for any type of detrimental occurrence that can possibly take place. However, not all homeowners are aware that home insurance policies don't necessarily cover damage related to a flood, as the risks are too great. As a result, homeowners must purchase flood insurance through a private company. Floods are one of the most common hazards in the US, costing billions of dollars in damage to properties every year. What Is Flood Insurance? Flood insurance policies are typically made available to homeowners in flood-prone areas. The majority of insurance policies cover…

31 Jul 2014

By Mark Feder

FOMC Statement: Asset Purchases to end in October, Labor Market Stronger

Market Outlook

The Federal Reserve's Federal Open Market Committee (FOMC) released its customary statement at the conclusion of its meeting on Wednesday. FOMC members oversee the Fed's monetary policy. In recent months, investors and economists have speculated on whether or not the Fed would continue tapering its asset purchases under its latest quantitative easing (QE) program, and whether the Fed would raise its target federal funds rate of 0.00 to 0.250 percent. According to its statement, FOMC members plan to continue tapering monthly asset purchases of Treasury securities and mortgage-backed securities until asset purchases under the QE program conclude in October. FOMC…

30 Jul 2014

By Mark Feder

S P Case-Shiller Home Price Index: May Home Prices Rise

Mortagage Tips

May home prices rose in all 20 cities tracked by the S&P Case-Shiller 20 City Home Price Index. This was the second consecutive month in which all cities posted gains. On average, national home prices rose by 1.10 percent in May as compared to April's reading. Year-over-year, home prices rose, but at a slower rate of 9.39 percent in May as compared to 10.80 percent year-over-year for April. Nevada, Florida and California Cities Post Highest Gains Cities posting the highest year-over-year price gains in May included Las Vegas, Nevada at 16.90 percent, San Francisco, California at 15.40 percent, Miami, Florida…

29 Jul 2014

By Mark Feder

Sellers, Beware: Five Reasons You Might Not Get Top Dollar when You Sell Your Home (And How to Avoid Them)

Home Seller Tips

For most people, their home is their largest asset, so they want to maximize that asset by getting top dollar when they sell. Here are a few reasons you might not get top dollar when you sell - and how to avoid them! Selling At The Wrong Time From early spring to late summer is home-buying season for most people, especially those with children. Putting your house on the market during this period is when you are likely to get top dollar for it. Early fall is also a good time to list your home. Winter - especially December -…