Today, House Bill 261 was signed by Governor Sonny Perdue. This bill provides an $1800 tax credit which would be taken over three years. This bill is immediately in effect and is meant to spur the housing market. The amount of the credit will either be $1800 or 1.2 percent of the purchase price (whichever [...]
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Georgia Housing Tax Credit Bill
By Matt Fagioli on May 14, 2009 in Buford, Dacula, Duluth, Financing, Gwinnett, Hamilton Mill, Hoschton, Lake Lanier, Lawrenceville, Lilburn, Norcross, Real Estate Business, Snellville, Sugar Hill
Window of Opportunity
By Matt Fagioli on April 22, 2009 in Buford, Chateau Elan, Dacula, Duluth, Financing, Gwinnett, Hamilton Mill, Hoschton, Lake Lanier, Lawrenceville, Lilburn, Norcross, Real Estate Business, Snellville, Sugar Hill
In recent months, I have been talking to you about the “window of opportunity” when it comes to mortgage lending. As I type this post, rates are within a half a point of the lowest rates in country’s history. If you have been sitting on the fence waiting for 4% interest rates, here are a [...]
Positive Action for Mortgage Rates
By Matt Fagioli on December 4, 2008 in Buford, Chateau Elan, Dacula, Duluth, Financing, Gwinnett, Hamilton Mill, Hoschton, Lawrenceville, Lilburn, Norcross, Real Estate Business, Snellville, Sugar Hill
According to the Washington Post this morning, the Treasury Department is considering intervening into the mortgage market. This intervention would dramatically force down interest rates. They are actually talking about driving rates down to an interest rate of no more than 4.5%. The National Association of Realtors feels this would definitly boost the housing market. [...]
Remarkable New Construction at Trilogy Park in Hoschton
I spent some time looking at available homes today in Trilogy Park. I’ve looked at A LOT of houses in the last few years, so it’s pretty hard to surprise me. Especially with a new construction house from a known builder, I can pretty much guess what it’s going to look like on the inside [...]
Have You Seen The Scarecrows up in Hoschton?
We spent some time up in Hoschton this weekend. Didn’t sell much real estate, but we saw a LOT of scarecrows! The city of Hoschton has set a new record with some 4400 scarecrows now lining the roadside. It’s just a few miles up the road from Hamilton Mill. Take hwy 124 up past the [...]