News

Georgia is Still in the Top 10 - FBI 2007 Mortgage Fraud Report Highlights

The FBI released its 2007 Mortgage Fraud Report and Georgia still ranks in the top 10 states. This is a “brief” overview of what is happening out there in general taken directly from that report and edited. See if any of these fit your market?

Local Home Staging Company Announces Program to Aid in Downward Spiraling Housing Market Trend

Woodstock, GA  January 14, 2006 – Accent Home Staging, founded last year, begins competitive Realtor Partnership Program to encourage better resale values in Cherokee County and the surrounding North Metro Atlanta communities. The Metro Atlanta market is very competitive.

Center for Financial Services Innovation Invests in RentBureau

Investment Will Support Credit Options for Underbanked Consumers
ATLANTA, Jan. 28 /PRNewswire/ — The Center for Financial Services Innovation (CFSI), the leading nonprofit organization encouraging the financial services industry’s efforts to support underbanked consumers, has made an equity investment in RentBureau to enhance the use of its proprietary data for enabling consumers to secure credit, announced […]

RentBureau Signs Three New Participants

Mid-America Apartment Communities, Inc., McKinley Inc., and Morrison, Ekre & Bart Management Services (MEB) add 71,000 units to rental payment database
ATLANTA, Jan. 16 /PRNewswire/ — RentBureau(TM), the first national online repository of rental payment histories, has added three national apartment owners and managers as participants, announced RentBureau President and CEO Eric Hartz.

Department of the Army and GMH Communities Trust Finalize Plans and Financing for Unaccompanied Personnel Housing Privatization Project at Fort Stewart

One and two bedroom apartments to offer high quality housing for Single Soldiers of E6 rank and above
Newtown Square, PA - The Department of the Army has announced that GMH Communities Trust (NYSE: GCT), through its military housing division, GMH Military Housing, has finalized its agreements with the Army to be the private sector developer for […]

Atlanta Acquisition Pool announced — a loan fund targeting affordable homebuilders

ATLANTA, January 8, 2008 - In an effort to fuel the development of more affordable houses and mixedincome communities, Atlanta Mayor Shirley Franklin today joined officials from the Atlanta Renewal Community (ACoRA) and Enterprise Community Partners to announce the Atlanta Acquisition Pool — a $25.5 million loan fund targeting affordable homebuilders.

Family-Owned Atlanta Home Builder Announces New Name and Identity as It Expands Across the U.S.

ATLANTA, Nov. 19 /PRNewswire/ — HomeLife Communities, a third generation, family-owned Atlanta-based builder of affordable homes and neighborhoods, is changing its name as it continues to grow into one of the nation’s leading home builders. Effective January 1, 2008, the company’s new name will be Atreus Homes & Communities.

Metro Atlanta Home Builder Makes Donation to Help Rebuild Children’s Home

ATLANTA, Nov. 15 /PRNewswire/ — Jon Been, the Founder and CEO of Atreus Homes & Communities, has made a $100,000 donation to the United Methodist Children’s Home (UMCH) in Decatur, Georgia, to meet the immediate needs of the children who were impacted by a recent fire destroying their living quarters.

Isakson, Chambliss Praise Authorization of $127 Million in Water Infrastructure Projects for Georgia

Georgia Projects on Water Management Would Aid in Times of Drought
WASHINGTON – U.S. Senators Johnny Isakson, R-Ga., and Saxby Chambliss, R-Ga., today praised the Senate’s vote to override a presidential veto of water resources legislation that includes authorization for more than $127 million in critical water infrastructure projects in Georgia.  The actual funding for the […]

Georgia’s business climate ranked No. 2 in nation

Washington — In an annual comparison of each state’s business climate, Georgia has come in at No. 2, moving up two notches from last year.

From miniwarehouses to maxi-condos

Jim Borders told Atlantans they would love high-rise homes — and he was right
The Atlanta Business Chronicle calls developer Jim Borders the city’s “condo king.” So does the Atlanta Journal-Constitution.

Governor Perdue Announces Homeland Security Grants

DHS awards $32.4 million to bolster security statewide
ATLANTA – Governor Sonny Perdue announced today the release of $32,486,890 in federal homeland security grants for communities around the state.  This represents the local government award allocation of the Federal Fiscal Year 2007 U.S. Department of Homeland Security (DHS) funding initiative for local government projects.

Carter awarded four properties to manage in Atlanta and Tampa

Tuesday, October 16, 2007 -  ATLANTA – October 16, 2007 - Carter, the Southeast’s oldest and largest privately held full-service commercial real estate firm, was recently awarded property management of four projects in Atlanta, Ga., and Tampa, Fla. This addition brings the total square feet managed by Carter to 30,000,000.

Property owners are still waiting

Dozens of property owners appear for a 9 a.m. property value hearing then must wait in line for hours.
ALBANY — Property owners poured into their Board of Equalization hearing Wednesday that was a lot like a 9 a.m. court date.

Atlanta real estate weakened, but positive signs remain

The residential real estate market in Atlanta has been dampened, but then it was never a house-on-fire like some of the nation’s boomtowns.
not for price increases. Home values rose but did not soar simply because the supply of new homes — many aimed at first-time buyers — grew so fast.