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Saturday November 07, 2009

Georgia Real Estate Market News

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Thu, 05 Nov 2009 13:01:01 GMT
Qatari Diar May Develop Resorts on Georgia’s Black Sea Coast (Bloomberg)
  • Nov. 5 (Bloomberg) -- Qatari Diar Real Estate Investment Co. , part of the country’s sovereign wealth fund, will consider developing tourist resorts on Georgia’s Black Sea coast.

  • Thu, 05 Nov 2009 05:02:33 GMT
    Earles, Smith prepare for Georgia House 129 runoff on Dec. 1 (Columbus Ledger-Enquirer)
  • Pine Mountain businessman Steve Earles has less than four weeks to figure out how to cut into Kip Smith’s large advantage in the race for the vacant Georgia House 129 seat.

  • Wed, 04 Nov 2009 16:04:00 GMT
    Over $30 Million in SBA Disaster Loans Approved for Georgia Residents (Business Wire via Yahoo! Finance)
  • ATLANTA----The U.S. Small Business Administration announced today that it has approved over $30 million in federal low-interest disaster loans to Georgia homeowners, renters and businesses who sustained damages as a result of the severe storms and flooding that occurred from September 18 through October 8, 2009 in Georgia.

  • Wed, 04 Nov 2009 08:12:22 GMT
    'Slayer Statute' Doesn't Bar Lawyers From Keeping Fees Paid by Executrix, Judges Rule (Law.com)
  • Georgia's defense bar has welcomed a state Supreme Court decision confirming that legal fees paid to two attorneys by an estate's executor prior to her subsequent guilty plea for her husband's murder could not be clawed back to the estate. The court ruled that Georgia's "slayer statute," which forbids a murderer from profiting from the death of his or her victim, could not be used to bar access ...

  • Wed, 04 Nov 2009 01:53:24 GMT
    Kip Smith, Steve Earles in runoff for Georgia House 129 seat (Columbus Ledger-Enquirer)
  • With nearly all the vote counted Tuesday night, it appeared that Columbus businessman Kip Smith has the inside track to replace his father in the Georgia General Assembly.

  • Tue, 03 Nov 2009 05:26:43 GMT
    Georgia left out of rescue efforts, group says (The Florida Times-Union)
  • ATLANTA - Washington's efforts to stem the flow of home foreclosures and bank failures aren't working in Georgia, a dozen witnesses told a congressional field hearing Monday. Two builders, a banking lobbyist, professors and activists testified to various shortcomings in federal programs to rescue the residential and commercial real-estate markets. They appeared before the House Oversight and ...

  • Mon, 02 Nov 2009 21:24:34 GMT
    Kucinich: Voters Will Punish Pols Who Fail to Fix Foreclosure Mess (Georgia Public Broadcasting)
  • Georgia’s high number of bank failures and the effect on commercial and residential real estate markets brought the Domestic Policy Subcommittee of the U.S. House Oversight and Government Reform Committee to the state capitol. The subcomittee is chaired by Ohio Democrat Dennis Kucinich. Members,...

  • Mon, 02 Nov 2009 13:54:44 GMT
    Bank Failure Hearing To Draw Some U.S. Congressmen To State Capitol (Georgia Public Broadcasting)
  • Georgia’s high number of bank failures and the effect on commercial and residential real estate markets will be the topic of discussion at a public hearing at the state Capitol later this morning. The gathering will include some members of U.S. Congress, including Ohio Democrat Dennis Kucinich, and Georgia Republican congressman Lynn Westmoreland. Georgia leads the country in bank failures—a ...

  • Mon, 02 Nov 2009 16:07:50 GMT
    Federal Court Digest: Judge sides with real estate agent in condo suit (Mobile Press-Register)
  • MOBILE, Ala. -- A federal judge in Mobile sided with a Baldwin County real estate company and its agent in a lawsuit accusing them of tricking a Georgia couple into buying a condominium property worth a fraction of the sales price.

  • Mon, 02 Nov 2009 06:00:26 GMT
    Does contract sale require GM's OK? (Miami Herald)
  • IS OUR VERBAL CONTRACT TO SELL COMPUTERS BINDING? Q: I'm general manager of a South Florida trucking company and am working in year three of my five-year employment contract.The business owners agreed to sell out to a Georgia buyer, and my contract is part of the sale. The contract is silent about my rights. The buyer just delivered a letter telling me to report for work in Atlanta ...

  • Sun, 01 Nov 2009 20:07:50 GMT
    Federal judge sides with real estate agent in dispute over Gulf Shores condominium deal (Mobile Press-Register)
  • A federal judge in Mobile last week sided with a Baldwin County real estate company and its agent in a lawsuit accusing them of tricking a Georgia couple into buying a condominium property worth a fraction of the sales price.

  • Fri, 30 Oct 2009 17:28:32 GMT
    Augusta banking firm reports lower quarterly income (The Augusta Chronicle)
  • Southeastern Bank Financial Corp., holding company for Georgia Bank & Trust of Augusta and Southern Bank & Trust of Aiken, reported today that its third quarter income was lower than last year.

  • Fri, 30 Oct 2009 12:08:41 GMT
    Banking: Mr. Cleanup (BusinessWeek via Yahoo! News)
  • Georgia's financial crisis is making accidental heroes out of people like Jim Edwards. The 44-year-old Edwards is CEO of United Bank, a small, family-controlled outfit based in Griffin, about an hour's drive south of Atlanta. Late last year he began to turn United's sleepy headquarters into a hotbed of dealmaking, at least by the standards of suburban Georgia. At the invitation of regulators ...

  • Fri, 30 Oct 2009 06:17:15 GMT
    Ex-Mainland star Wilson succeeds where it matters (Daytona Beach News-Journal)
  • How fast is Tony Wilson? Even a cell phone signal can't catch up with him. The former Mainland High School football and track star was tooling around the campus of the University of Georgia in Athens this week, shuttling from class to class while he finishes his degree this winter.

  • Fri, 30 Oct 2009 05:11:51 GMT
    EPIC Names Hall as Principal Based in Atlanta (Insurance Journal)
  • San Mateo, Calif.-based retail insurance broker Edgewood Partners Insurance Center (EPIC) has appointed Kenyon C. Hall as principal and vice president of property broking. A Georgia native, Hall ...