Chesapeake Development

08/15/2024

Jamie Dimon says the 'Buffett Rule' approach to taxing the wealthy could solve America's debt problem
The bank executive told "PBS News Hour" that the country could clamp down on runaway borrowing without eliminating spending. In fact, Dimon expects that reducing the debt while still investing in the right initiatives is "doable," he said.

"I would spend the money that helps make it a better country, so some of this is infrastructure, earned-income tax credits, military," he said. "I would have a competitive national tax system, and then I would maximize growth."

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lower share of their income than middle-class earners.

08/02/2024

Case-Shiller Home Price Index Hits New All-Time High in May

“Today’s home price report elicited one response – ouch. Home prices continued to rise as quality inventory remains limited,” says Zonda chief economist Ali Wolf.

All 20 markets analyzed experienced annual price gains, according to the S&P CoreLogic Case-Shiller Indices.

05/28/2024

Prices will continue to rise with such a scarce inventory. Many smaller builders have been forced out of business because of the restrictive lending requirements.

Atlanta home values have risen 16% in the past three years.

01/05/2024

With nortgage rates dropping and few new home options, 2024 should be a good year for builders.

Some good news for Atlanta housing market: Affordability remains a strength, Zillow says.

12/07/2023

Great addition to Atlanta!

U.S Soccer has picked an emerging entertainment hub in Fayetteville for its National Training Center, a $200 million score for metro Atlanta's Southside.

10/09/2023

Higher interest rates can't stop the market appreciation of real estate.

MarketNsight reports pending sales are performing better than in the fall of 2022 even with 30-year fixed mortgage rates higher than 7%.

09/12/2023

"Ironically, the Federal Reserve could hasten a price decline by cutting rates. The resulting decrease in mortgage rates will allow current homeowners to move and bring more units on the market".

Investors are worried about a housing market crash, but the data suggests that home prices will only keep surging. More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. ChatGPT IPO Could Shock the World, Make This Move Before the Announceme...

09/06/2023

Bad news for would be home buyers. The housing shortage will continue to worsen without new starts. Six MILLION new homes are needed.
"The United States is not building enough homes to account for the number of people setting up their own households. As a result, there is a sizable shortage of new homes after more than a decade of under-building relative to population growth, according to a new analysis from Realtor.com".

The Mountain Census division reported the largest drop in single-family starts on a year-over-year basis last year.

05/02/2023

Is history repeating itself, again?

It may seem like we're in uncharted territory, but that's only because we're not looking far enough into the past.

04/24/2023

Not much inventory.

At the same time, home sales dropped 26% year over year in Atlanta, and the median sales price rose 0.5%.

04/16/2023

RIP🙏 Chuck Johnson is another victim who died last week following the water rescues in Perdido Key. He jumped in the water to try to save 16-year-old Bryce Brooks after the Atlanta boy helped rescue four children from drowning.

Chuck was a youth basketball coach in the Atlanta area. He leaves behind three kids of his own.

More: weartv.com/news/local/atlanta-16-year-old-died-rescuing-children-from-rip-currents-at-perdido-key

02/07/2023

Atlanta is "Still a sellers' market!"

Flashback to Feb. 2013: Atlanta Real Estate Forum ran, Is Atlanta Running Out of Houses? Times were different, yet there are similarities.