Real estate news update: 3-11

Written by Federal Title | 11 March 2010

A daily dose of headlines for real estate agents, mortgage lenders and consumers.

Homebuyers check out mobile apps
Wall Street Journal: Rather than being moneymakers — brokers tend to offer their apps for free — the apps are seen as a tool to make the home-buying process easier.		Fitch holds negative outlook for most U.S. banks
Business Week: Fitch said that while the outlook remains negative, many of the factors that put pressure on ratings, including lending, are easing.
Despite looming Fed exit, mortgage rates stay low
Wall Street Journal: Some have argued rates could rise between one and two full percentage points, but more analysts argue the effect on rates may be more muted.
Forget granite countertops, here comes electric vehicle charging
Wall Street Journal: Charging up the car in the garage might seem like something from the Jetsons cartoon, but builder KB Home is making that a reality Tuesday.
Green homes face red light
CNN Money: Appraisals for newly built green homes do not fully reflect the cost of green technology, and that discourages developers to use it. 		How accurate are Zillow 'Zestimates'?
The Real Deal: Zillow.com's "Zestimates" of home values are vastly inflated, according to a new study by the Appraisal Institute, published in its quarterly journal

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Headlines compiled by Strategic Research.

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