NAR Opposes Mortgage Interest Deduction Provision on Obama’s Budget Proposal

You may have seen news reports about President Obama’s budget proposal that was released today.  A small section of the sweeping budget plan has the potential to become a major impediment to a recovery in real estate markets across the nation. The National Association of Realtors is 100% opposed to the provision that modifies the [...]

Foreclosures: Opportunities Are Ripe, Especially for Self-Directed IRAs

You’ve heard the old adage “When everything turns to lemons, make lemonade.” The current real estate market provides opportunities to make good on a bad situation.
Whereas real estate deals – specifically foreclosures – used to be reserved for moderately experienced to advanced investors, the current market has provided an opportunity for everyone to bite off [...]

Fed Buying Mortgage Bonds… Reducing Mortgage Rates

The mortgage industry received some very big news today with the announcement that the Federal Reserve would purchase up to $600 billion of debt to boost the mortgage bond market.  The Fed pledged to buy $500 billion of mortgage-backed securities (MBS) and $100 billion in direct debt of Fannie Mae and Freddie Mac.
The move had an immediate impact, [...]

Tenants set to save on office space in Atlanta

A recent article in the Atlanta Business Chronicle titled, “Office market will yield good deals next year” said, “Small and midsized businesses that can flourish in the face of financial market meltdown and sluggish economic conditions should be in position to get deals when they look to lease Atlanta-area office, industrial or retail space in [...]