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How to turn the crisis on a dime - Bailout Alternatives

ABOLISH CAPITAL GAINS TAXES

This could be our Golden Parachute.
Okay I didn’t go to Harvard business school but I do think there is a simple solution to the problem of what to do with all of these delinquent mortgages that doesn’t have to cost the taxpayers 700 billion dollars. I wish that I could say [...]

The bailout plan on it's way to the Congress

The House Committee on Financial Services, with Congressman Barney Frank chairman, has released the text of the draft of The Emergency Economic Stabilization Act of 2008
The bill, widely touted as the “The bailout bill” will go to House of Representatives tomorrow and to the Senate on Wednesday. The speed at which this bill [...]

There is a light at the end of the tunnel and no, it's not a train!

There is a light at the end of the tunnel and no, it’s not a train!

Spring has sprung, the weather is great. Interest rates are wobbling a little but they are still at all time lows. The endless droning of the bobbling head news guys who tell us how bad it is….and how many foreclosures and short sales there are, is having an interesting effect. People are starting to think [...]

Virginia Highland’s year end market report.

We have all been hearing about the doom and gloom of the real estate market, so I thought I would do some research and see how bad it actually is for Virginia Highland. These numbers are for single family detached homes only, i.e. no condos or lofts or attached town homes.
Just for those of you [...]

The Atlanta Buyer’s Market

Everyone knows that we are in a Buyer’s market. You hear about it on the network news and read about it in the Atlanta paper…. in the Atlanta area we are in a Buyer’s Market!
One of the big brokerages has billboards around Atlanta which show how many homes are on the market today. It [...]

Candler Park Market Report

I saw something interesting while looking at the sales for the last 12 months (12/20/2006-12/20/2007) in the Candler Park neighborhood. We have exactly the same number of sales that we did in the period from 12/20/2005-12/20/2006. There were 51 sales listed in the FMLS during both 12 month periods. That kind of disproves the theory [...]