Monday, February 22, 2010

A Street Car Named Desire

A Desire Named StreetcarFebruary 22, 2010 by mizrealty01
STELLAAAAAAAAAAAAAAAAAA!!! Okay, if someone gave you 87 million dollars and said there is more where that came from if you spend it…what would you do? Personally, I would spend it, but apparently that didn’t happen with the government funding Atlanta received to spend on the Atlanta-Lovejoy commuter rail line.
Some point to that reason for why we didn’t receive the recent stimulus money offered for the streetcar project that is proposed to run up Peachtree from Five Points (Downtown) to Midtown and an intersecting line from Centennial Olympic Park and the King Center.
For a complete list of those cities that did receive stimulus money in this recent offering, click here Final TIGER grant info.
I’m glad to hear that according to AJC, city officials haven’t given up hope and will continue to compete for funding for this project as well as others. Another $600 million will soon become available for federal grants.
This project, like any, has as many detractors as supporters, but with our worsening traffic I have to ask – are we just masochists or are we worried that if we support mass transportation projects like the streetcar, high-speed rail and the Brain Train that we would lose our favorite topic of conversation in Atlanta? Traffic!
OH, and by the way, out of 51 projects awarded by the Obama administration, none were awarded to Georgia

Monday, February 8, 2010

Time is getting short!

The Federal Government has announced that they are going to ease out of buying mortgages in the secondary market, as of March 31, 2010. What does that mean for you as a buyer? It means mortgage rates will go up! If you pair that fact with the fact of the expiring home buyer's tax credit ($8000 for first time buyers, and $6500 for move up buyers) ,which expires at the end of
April, it means that sellers have a very limited time frame this year to try to get their home SOLD!

We are actually getting multiple offers on our listings THAT ARE PRICED RIGHT!! So, there are ready willing and able buyers out there,who can act fast, when they find the right house at the right price.