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January 2008 - Posts

Steve Palm's December Cover Letter

This will not be an encouraging year-end report. October & November produced signs of market stabilization, but December returned to a lot of downward trends. Single family detached had 3,178 closings for December or a decline of 37% from December Read More...
Posted Thursday, January 31, 2008 2:39 PM by Brenda Richterkessing | 0 Comments

My 2008 Predictions for the “Local” Atlanta Real Estate Market

I believe what is currently happening in real estate markets across the country is what people have long known would happen, but didn’t want to admit. Up until recently real estate was a business in a field full of “part-time” licensed Read More...
Posted Monday, January 28, 2008 11:34 AM by Carl Martens | 0 Comments

"Authorized Users" To See A Drop In Their FICO Credit Scores

A major change to the FICO credit scoring system is now in effect. Many financial institutions rely heavily on the FICO scores, which were developed by the Fair Isaac Corp. The scores are extremely important as they help businesses determine your credit Read More...
Posted Wednesday, January 23, 2008 3:53 PM by Brenda Richterkessing | 0 Comments
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If You Bought a House in 2007, Remember to File for Homestead Exemption

If you bought a home in 2007, we want to remind you to take advantage of the Homestead Exemption that is available to you. Filing for the Homestead Exemption only has to be done once by you in order for you to benefit from this discount to your property Read More...
Posted Friday, January 18, 2008 2:04 PM by Brenda Richterkessing | 0 Comments
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Atlanta is Recorded as the Most Wired City in the United States

It was suprising to learn that Atlanta was ranked number one for being the most wired city in the US...when I think of Atlanta I think restaurants...not technology. However, when you look into it and explore the reasons for this high ranking it makes Read More...
Posted Tuesday, January 15, 2008 3:43 PM by Brenda Richterkessing | 0 Comments

Something New Opens Everyday in Atlanta

Here is a brief overview of openings, expansions and re-developments happening in the city. 2008 Hilton Garden Inn Comes to Downtown Hilton Garden Inn is set to open near the Georgia Aquarium in January 2008, adding 242 rooms to the market. The hotel Read More...
Posted Tuesday, January 08, 2008 2:36 PM by Brenda Richterkessing | 0 Comments

2008 prognosticators show existing home sales going up

The Federal Reserve cut the federal funds rate by a quarter-percentage point recently to the lowest level in nearly two years. The move is designed to stimulate the economy and prevent a credit crunch from hurting consumer and business lending. Real estate Read More...
Posted Monday, January 07, 2008 1:32 PM by Brenda Richterkessing | 0 Comments

How to Safeguard Against Frozen Pipes

One of the most significant threats to your home in winter is the possibility of water frozen in the plumbing system. When water freezes it expands up to four percent, enough to cause pipes to crack. This can easily lead to flooding and rampant water Read More...
Posted Wednesday, January 02, 2008 2:15 PM by Brenda Richterkessing | 0 Comments

How to Stay Warm in an Unheated Home

As temperatures dip, conserving body heat becomes more and more critical. Here are some strategies for maintaining warmth in the event that you must wait for heat or power to be restored. Outfit yourself in heavy clothing, particularly bulky outerwear. Read More...
Posted Wednesday, January 02, 2008 2:14 PM by Brenda Richterkessing | 0 Comments

Troubleshooting Heating Systems

A heavy winter workload can cause failure in your home's heating system , particularly if it is older or has not received regular maintenance. A trained technician may be needed to resolve many issues with heating and cooling systems, but in the winter Read More...
Posted Wednesday, January 02, 2008 2:13 PM by Brenda Richterkessing | 0 Comments

Georgia's Continued Growth to Help Sustain Real Estate Market

I recently read an article from The Atlanta Journal-Constitution, entitled " Census: Georgia No. 5 in growth ." The article points out that Georgia was the fifth-fastest growing state in the nation adding 202,670 people in the year ending July Read More...
Posted Wednesday, January 02, 2008 9:39 AM by Carl Martens | 0 Comments