Thursday, February 28, 2008

Atlanta Growth

America's Fastest-Growing Large And Small Metros (Forbes)
Atlanta, Ga.Rank: 3
Projected total GMP growth, 2007-2012: 22.81%
The Atlanta metro area is a job magnet that epitomizes the economic boom of the Southeast. Companies with headquarters there include Coca-Cola, CNN and UPS. It's also got the country's busiest airport for passenger traffic. Atlanta's population has doubled in the last 20 years; by 2012, it's expected to grow another 11%. Personal income for Atlanta residents is forecast to grow by 6.3% annually during that time, according to Global Insight.
Source: Atlanta Chamber of Commerce, Moody's Economy.com, Global Insight

Wednesday, February 6, 2008

Georgia & Florida Mortgage

Did mortgage fraud contribute to the current housing meltdown? One study that looked at 45 subprime mortgage defaults found that two-thirds of them involved owners who lied about their intention to live in the house.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n5-020608.cfm