Vice President of Construction Lending Eugene James with Quantum National Bank joins the Atlanta Real Estate Forum Radio podcast to talk about the economic health of our country, current market concerns and the controversy surrounding the build-to-rent market. James joins host Carol Morgan on the All About Real Estate segment.
A highly qualified and respected member of the industry, James has over 30 years of experience working in the real estate and home building industries. Twenty of those years are as a real estate appraiser and consultant. James also has experience working directly with builders, in real estate brokerage and as a building advisor.
James said, “Now, the best gig of all is I’m in banking! I literally get to give money away to people.”
James joined the Quantum National Bank team in May of this year. Prior to that he worked in land acquisition for a premier Atlanta home builder. Quantum National Bank is a locally owned and operated community bank that has been a fundamental player in the Atlanta market for the past 27 years. Click here to learn more about his switch to the Quantum National Bank team!
Offering most of the same services as larger banks, the customer service delivered by the smaller banking institution is unsurpassed, treating clients with love and respect. The bank offers its clientele several custom services for small businesses and merchants as well as individuals through its branches in North Fulton, Gwinnett and Buckhead.
Quantum National Bank also serves as a top SBA lender in Georgia with a talented commercial construction lending team. James’ unit, the residential real estate construction division, serves as one of the top 10 residential construction lenders in the state of Georgia. Despite being a smaller bank, the company does quite a bit of construction financing!
James said, “[My favorite part of the job] is being able to help a lot of builders succeed. I love working with builders and giving them points, tips, suggestions and advice as well as giving them the funding they need so they can build houses and new subdivisions.”
A trend that market watchers have grown used to, national new construction and resale housing inventories continue to be alarmingly low. This market condition presents an opportunity for builders to construct more housing to meet the present demand. According to James, even with rising interest rates and inflation, the housing market still stands strong despite what national media headlines portray.
After experiencing historically low rates for the last decade, James believes it is safe to say that the days of 3% mortgage rates are gone. Before the current market shift, it was typical for listings to sell 20% above the asking price. Now, sales agents often see offers matching the listed price.
Tune in to the full interview above to learn more about Quantum National Bank or visit www.QuantumBank.com.
A special thank you to Denim Marketing for sponsoring Atlanta Real Estate Forum Radio. A comfortable fit for companies of all shapes and sizes, Denim Marketing understands marketing strategies are not one-size-fits-all. The agency works with your company to create a perfectly tailored marketing strategy that will adhere to your specific needs and niche. Try Denim Marketing on for size by calling 770-383-3360 or by visiting www.DenimMarketing.com. Quantum National Bank and Denim Marketing are not affiliated. (August 2022)
The Atlanta Real Estate Forum Radio “All About Real Estate” segment, presented by Denim Marketing, highlights the movers and shakers in the Atlanta real estate industry – the home builders, developers, Realtors and suppliers working to provide the American dream for Atlantans. For more information on how you can be featured as a guest, contact Denim Marketing at 770-383-3360 or fill out the Atlanta Real Estate Forum contact form. Subscribe to the Atlanta Real Estate Forum Radio podcast on iTunes, and if you like this week’s show, be sure to rate it.