Ray Keefer and Hugh Morton are this week’s guests on Atlanta Real Estate Forum Radio. Ray talks about Crown Communities’ newest neighborhoods on the northside of town, while Hugh provides insight into the current housing crisis while discussing his new book.
Ray Keefer is the president of sales and marketing at Crown Georgia. Ray has been in the Atlanta real estate market for 10 years, and with Crown Communities in this position for two years.
Crown Communities’ bread and butter has been housing on the southside of town, but they are beginning to move more into the northside of town as well. Some of Crown’s new northside locations include their Saddlebrook neighborhood in South Forsyth and their brand new Hamilton Mill community. Ray says Crown guarantees that you will love the high quality details inside their homes, as well as the great value of a home built by them. Crown also monitors what consumers are asking for, and tailors each community to the wants and needs of homebuyers in that area.
Today’s Deal of the Day is from Acadia Homes. This is a No Fooling promotion that is giving buyers a $10,000 incentive towards options, closing costs or homeowner association dues when they buy this month. They also have a $500 gas card promotion for any agent who signs a contract in April. Acadia Homes is sure to have a home perfect for you with communities all over town and pricing starting in the $100,000s and going up to the $500,000s.
Our next guest is Hugh Morton, author of The Great American Housing Fiasco: An Inside View of the Mortgage Crisis. Hugh has an interesting background that made him a perfect candidate to author this book. He started off his career teaching economics at Auburn University, then spent 16 years in finance and since 1991 has been a builder, developer and mortgage partner with Countrywide.
Hugh says that the fiasco was not caused by one group or person, but was a collective build up. The reason that the recovery process has been taking so long is that housing hasn’t been a part of it. Every recession that America has faced since the 1930s, has seen housing lead the way out, but this time, housing has been a silent player. Housing is down 35 percent from 2006 and last year was down 40 percent, which is more of a drop than in the history of any other recession.
To learn more about the current housing fiasco and how Hugh believes we can get out of this, listen to the full podcast.
Special thanks to this week’s show sponsor HGTV’s Property Virgins. The show is currently looking for people whoplan on buying their first home in the greater Atlanta area between April and September 2012. Please email firstname.lastname@example.org for more information about appearing on the show.
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