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House Bill 261 Passes the Senate

Great news for the Georgia housing industry as Bill 261 has passed through the Senate and is on its way to a conference committee. The committee is in charge of working out the differences between the Senate version and the House version to create a decent compromise that incorporates factors from both. Hopefully we will [...]

Builders Head to the Hill and Ask for Your Support

Atlanta has seen recently seen some positive signs for a turn in the real estate industry, and, while we are hoping it does mean we are on the upside of the downturn, we still have a long way to go before things are back to where they should be. I am guessing real estate markets [...]

Energy Efficient Tax Credits 101

Expanded tax credits for energy-efficient home improvements in the new economic stimulus package puts more money in consumers’ pockets by providing financial incentive for home owners to go green on their renovation projects in 2009 and 2010. While more efficient homes save on water and energy bills, these tax credits will make such home upgrades [...]

Obama Signs Stimulus Bill

It’s official - President Barack Obama signed the stimulus package into law on Tuesday. Being in office less than one month, the economic stimulus package was a top priority and he worked diligently to ensure a quick process. So, what types of effect should we see on the housing industry from this stimulus legislation? $50 [...]

American Recovery and Reinvestment Act Overview

It’s been all over the news that Congress and the White House have reached a deal on a $789.5 billion stimulus bill. Unfortunately, the $15,000 home buyer tax credit that we had been fighting so hard for was removed from the legislation in its final stages. Economists predict the bill to be voted on and [...]