Archive for July, 2011

20% Minimum Down Payment to buy a house?

Thursday, July 28th, 2011

Some in the U.S. Government have proposed tightening lending standards so most buyers would have to put down 20% to purchase a home.  The proposed rules wouldn’t make it mandatory to put down 20%, just that those that put down less will pay higher interest rates.  My guess is that we’ll see less domination in […]

Pencil Factory Filling up

Wednesday, July 27th, 2011

One of the more interesting intown developments recently has been the Pencil Factory.  I really wondered what would happen when the retail space here opened.  Would it languish with empty sore fronts like so many other recent projects?  Hardly.  Today nearly all the spaces are rented with good businesses and good word-of-mouth.  Locals are excited […]

The rental market in Atlanta is getting tight.

Tuesday, July 19th, 2011

If you’ve been looking for a place to rent recently you’re probably seeing apartments picked up quickly, and rents going up.  We’re seeing this all over Atlanta due to two factors.  One is that commercial financing dried up about 3 years ago so few new apartments have been built.  The second factor is that buyers […]

July Foreclosure Notices up 16 Percent in Metro Atlanta

Monday, July 11th, 2011

July foreclosures shot up again relative to June.  What does it mean?  There are just too many factors to know.  I think its best to look at trends and year over year numbers rather than month to month.  And the trend shows a slight dip in foreclosures or at worse holding steady.  Banks may be […]

DNA testing of dog poop now at condos !

Friday, July 1st, 2011

          Aww, doesn’t that dog look cute ?   Well, she may not look so cute if you’re stepping in her poop!  Now more and more apartments and condo associations are starting to require dogs be DNA tested.  Then when they find droppings on the common areas they can identify and fine […]