Monthly Archives: February 2011

Andrew Young Speaks in East Point this Saturday

Join Barnes & Noble and East Point’s Cultural Enrichment Commission Celebrate Black History Month as we welcome the Honorable Andrew Young to East Point, GA.

Saturday, February 26, 2011; 3:00-5:00 pm Barnes and Noble at Camp Creek 3685 Marketplace Blvd, East Point, GA 30344 .
Please attend for insights into an author’s intentions and thoughts shaping his work. This event is designed to inspire…to uplift…to motivate. Following the speaking portion of the event will be an opportunity for a book signing.  Deserts & beverages will be available for purchase…. Continue Reading Andrew Young Speaks in East Point this Saturday

Posted in East Point

Fort McPherson Redevelopment Meeting Tonight

Tonight is the next meeting date in which the Local Redevelopment Authority will be thoroughly reviewing the new  Zoning & Land Use  Blueprint for the pending closure of Fort McPherson. All meetings will be held at The Atlanta Technical College Cleveland L. Dennard Conference Center Main Ballroom, 1560 Metropolitan Parkway, SW Atlanta, GA 30310.
There is only one more chance to hear the current Zoning & Land Use Blueprint Plan after tonight:

Thursday, February 24, 2011 6:30 p.m. – 8:30 p.m.
Tuesday, March 29, 2011 6:30 p.m. – 8:30 p.m.

Zoning & Land Use meetings are extremely important because they will control what will be developed on the site once the base closes. When a developer is selected and construction begins they will have to abide by the Zoning tha… Continue Reading Fort McPherson Redevelopment Meeting Tonight

Why Do You Love East Point?

Your Guy For That, Dustin Drabot, is starting a new blog series asking “Why Do You Love East Point?” Post a comment below and let us know why you love living in East Point. Then, I’ll take all those comments, expand upon them and repost them in an entire series highlighting all there is to love about East Point.Is it the great location and easy access to highways, MARTA or the airport? Is it the character of our older homes and neighborhoods or perhaps you enjoy the generous lot sizes of our western neighborhoods? Maybe you sleep better at night knowing you have one of the best police and fire departments watching over you at all times? Or are you someone who judges a city based on it’s level of services and appreciate that while other cities are cutting services East Point is adding or en… Continue Reading Why Do You Love East Point?

Posted in East Point

Mortgage News You Can Use – Feb 21, 2011

Happy President’s Day!

George Washington’s Birthday became a federal holiday in 1885.  Although never officially established as a holiday by the federal government, Abraham Lincoln’s Birthday has also been observed as a holiday in several states since 1865.  In 1971, the federal government changed George Washington’s Birthday to the third Monday of February as planned but they did not combine Lincoln’s birthday with the holiday nor did they change the name to Presidents’ Day as many think.  As a result, more confusion has circulated around the name of this holiday than probably any other.  The root of the confusion is that the federal government and individual states continue to make independent decisions about holidays.  The holiday that is now observed on the third Monda… Continue Reading Mortgage News You Can Use – Feb 21, 2011

What’s My Home Worth?

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the information below:
When you’re looking for a partner to help you negotiate the complexities of selling a home, you’ve come to the right place. The experience, dedication and strong communication you’ll receive here will help ensure the successful and profitable sale of your home:
1. The Local Advantage – Take advantage of a broad spectrum of technologies and tools to support the sale of your home from start to close.

2. Internet Advertising – Since the lion’s share of home buyers starts their search on the internet, top placement on search engi… Continue Reading What’s My Home Worth?

Posted in Featured

‘Anti-Flipping’ Waiver Extension

In 2003 the Federal Housing Administration (FHA) feared that flipping homes was the cause of the skyrocketing home prices throughout individual neighborhoods. Because of this, the FHA no longer approved property loans that were resold within 90 days of the original purchase, with the exception of foreclosures owned by government sponsored enterprises (GSEs) such as FHA, Fannie Mae, and Freddie Mac. The anti-flipping rule is designed to help protect the FHA’s mortgage insurance program and federally chartered financial institutions from losses.
In February 2010, the FHA initiated a one-year suspension on the regulation that prevented “flippers” from purchasing single-family homes and releasing them into the market within 90 days. Since then, the FHA says it has insured 21,000 loans th… Continue Reading ‘Anti-Flipping’ Waiver Extension

Video – This Month in Real Estate

In this month’s video discusses why the majority of home buyers start their search online and gives tips for selling your home in the winter months.
Continue Reading Video – This Month in Real Estate

Inventory Report

The surge in home sales and a shrinking inventory pared down the month’s supply to 8.1 months. This is down 1.4 months from November but remains 0.9 months above last year at this time. While still at a relatively high level historically, months of inventory has declined steadily from its peak of 12.5 months in July and is now back to pre-tax credit expiration levels.

Continue Reading Inventory Report

Why You Need to Know About Milton County

Have you heard of Milton county?  If not, you soon will.  State lawmakers have introduced several bills which are all different versions of the same measure that calls for the division of Fulton county and the creation of Milton county.
Republicans argue the new county is needed because the growth of north Fulton has left its citizenry under-represented and overtaxed.  They also contend that there has been a track record of dysfunction and mismanagement in Fulton county that has cost taxpayers a lot of money, partly because Fulton county government is too big, unresponsive and poorly managed.

The new county would include the three new cities as well as Alpharetta, Roswell and Mountain Park to include a population of more than 310,000.

Democrats contend the move would be poli… Continue Reading Why You Need to Know About Milton County

Home Price Report

Home prices softened in December: median home prices edged down slightly to $168,800, 1% below the year-ago level. Contributing to this is a larger share of distressed homes sales which accounted for 36% of sales in December. This is compared to 33% in November 2010 and 32% in December 2009. Prices continue to hold steady and mortgage rates remain historically low, offering favorable buying opportunities.
Continue Reading Home Price Report