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$25 Billion Settlement Announced Between States and Banks

Today state and federal officials announced a new $25 billion settlement with five of the United States’ largest loan servicers to help those affected by foreclosures and mortgage fraud. Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo have agreed to provide as much as $25 billion in relief to distressed borrowers and in [...]

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NAHB Commends Obama for Helping Homeowners

The National Association of Home Builders (NAHB) was pleased that the needs of Americans to stay in their homes and staunch the rising tide of foreclosures was a prominent part of President Obama’s State of the Union address. The proposed refinancing plans that Obama put forward will help struggling homeowners as the market still searches [...]

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NAHB Poll Shows Voters Place High Value on Homeownership

The National Association of Home Builders has released the results of a new nationwide survey that reveal how strongly American voters value homeownership. Here are some of the main trends revealed by the survey.

Three out of four voters – both owners and renters — believe it is appropriate and reasonable for the federal government [...]

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New Legislation May Bring Welcome Changes to Atlanta Permit Process

Good news for people who work in Atlanta real estate: new legislation was recently signed by Atlanta Mayor Kasim Reed that could speed up the process for obtaining building permits.
According to an article in the Atlanta Journal-Constitution, some of the changes include providing weekend help from city staffers, consolidating city employees who handle permits from [...]

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Reminder: Don’t Miss Today’s NAHB Presidential Teleforum with Newt Gingrich

Want to make sure your opinion on Atlanta real estate is heard? 2011 NAHB Chairman of the Board Bob Nielsen would like to remind NAHB members that the organization will be co-hosting a Presidential teleforum with Newt Gingrich today, Dec. 2, at 3:30 p.m. ET.
All NAHB members are invited to participate in these teleforums. To [...]