How to Get An Extra $1800 For a Georgia Home
May 16, 2009 by Lee Davenport
For Georgians, not only can you get up to $8,000 for a first-time home purchase, you now can get up to $1800 for any home purchase (whether you are a first-timer or not). On Monday, May 11, Governor Sonny Perdue signed legislation into law that creates a new state income tax credit for home purchases in Georgia. The tax credit will apply to purchases of eligible properties between June 1 and November 30, 2009, and is expected to spur activity in the housing market.
Get $14,000 Free Towards Your Home Purchase – Here’s How…
April 15, 2009 by Lee Davenport
Do you live in Georgia and desire to make a home purchase but need some additional cash for either your downpayment or repairs? Well there is some good news for you! Whether or not you are a first-time home buyer that qualifies for the up to $8000 tax credit, you may be eligible for $14,000 from the Georgia Department of Community Affairs.
The Georgia Dream NSP Purchase Program was created to encourage the purchase of foreclosed properties. Funds utilized are an allocation of federal dollars received by the Department of Community Affairs from the Housing and Economic Recovery Act of 2008.
GET EVEN MORE MONEY: Help for Georgia Home Buyers
March 31, 2009 by Lee Davenport
Pondering whether to purchase a home in Georgia? Well, you maybe in for a real treat if you do. Currently, state legislators are reviewing if a statewide homebuyer tax credit should be implemented in addition to the national tax credit being offered to first-time homebuyers. TAKE ACTION and ask your legislators to support HB 261 and create a much needed Statewide Homebuyer Tax Credit. By offering a short-term, targeted incentive program in the form of a Homebuyer Tax Credit we can encourage Georgians to purchase homes, stimulate the housing sector, and in turn stimulate Georgia’s economy! This approach was successful in the 1970′s and is the basis for the of the Isakson-Lieberman amendment adopted by the U.S. Senate.
RELOCATING? Where Business Happens In Metro Atlanta
December 10, 2008 by Lee Davenport
With all the woes of the northern automakers, many are migrating to the south in hopes of finding better opportunities (and better weather). Metro Atlanta is definitely the place to be with our population expected to grow by 2 million additional residents by 2020 and corresponding surge of business opportunities.
When Will Real Estate Recover? Forbes Touts A Positive Outlook
September 8, 2008 by Lee Davenport
Good news, Sandy Springs, GA and Metro Atlanta! Although we may all loathe the seemingly endless traffic jams due to the growing Metro Atlanta population, this is actually a good sign for the recovery of the real estate market.
According to a recent article in Forbes Magazine (http://www.forbes.com/2008/08/25/housing-prices-rising-forbeslife-cx_mw_0825realestate.html), metro Atlanta (including Sandy Springs, GA) is slated to have up to 2% annually in job growth over the next 4 years, which means that businesses will be thriving, which leads to land values appreciating and an ultimate recovery in the real estate market. In fact, next year home prices are expected to increase by 32.5% for single family homes and multi-family home prices are expected to rise by as much as 18.4% in Metro Atlanta real estate. Of the top ten metropolitan areas expected to experience long term recovery that will begin next year, Metro Atlanta is number 9 among a list including Oklahoma City, Minneapolis, Colorado Springs, Salt Lake City, Austin, Portland, San Antonio, Charlotte, and Albuquerque.


Lee Davenport


