I just ran across a story in the AJC about a bill before the legislature that would force cities and counties to not ignore foreclosures when they are appraising homes for tax purposes.
Basically, currently and historically, cities and counties don’t
I am about to say something that is loaded with controversy in the real estate industry.
The National Association of Home Builders (NAHB) and the National Association of Realtors® (NAR) are both solidly behind a plan to give away a $22,500 tax credit to ALL buyers of
Real Estate and some otherwise…
For those that are interested, here are the predictions I made for 2008, as well as a wrap-up post about the results. I was right on 6½ of the ten real estate predictions… So here are the predictions for the coming year…
Yes, it would be one of the catch-lines from “Hitchhiker’s Guide to the Galaxy“, but it could hardly be more appropriate to the situation that we are facing both locally and nationally. And there are two very different situations that we are facing right now…
The best thing to do would be to read it before reading the date.
The Trillion Dollar Bank Shakedown That Bodes Ill for Cities
If you get curious, here are the Wiki entries for two of the mentioned entities. One Two
They aren’t the only cause for the current credit/confidence crisis… but they are a biggie.