The Atlanta Closing Attorney's Perspective

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Services for Real Estate Pros - Harlan and Associates, LLC
RECENT BLOG POSTS
    The S&P/Case-Shiller Home Price Index has once again fallen to record lows, with the both the 10- and 20-city indexes dropping 2.2 percent in November. That represents year-over-year drops of 19.1 percent and 18.2 percent, respectively - both new record declines. In Atlanta, home prices dropp...
01/27/2009
   From CNN: Freddie Mac reported a $25 billion quarterly loss Friday that forced the mortgage finance giant to tap $100 billion in bailout money set aside by the government. The loss triggered a $13.8 billion Treasury Department investment in Freddie (FRE, Fortune 500). The firm is likely to get...
11/14/2008
    Foreclosure filings, including default notices, auction sale notices, and bank repossessions, increased 5.11 percent across the country in October, according to the latest report from RealtyTrac. That's a 24.55 percent increase over October 2007, and represents that one out of every 452 house...
11/13/2008
    New home construction dropped dramatically in September, according to the latest report by the U.S. Commerce Department. Total housing starts, a forward-looking indicator of the housing market, fell 6.3 percent last month. That's 31 percent below the pace of construction in September 2007 and...
10/17/2008
    The Standard & Poor’s/Case-Shiller index, released today, showed home prices dropping by a record amount in July, although the pace of monthly declines seems to be slowing. The 20-city index fell 0.9 percent in July and is down 16.3 percent from last year. That’s the largest drop in the index...
09/30/2008
    Lost in the noise of the government bailout of Fannie Mae and Freddie Mac and the collapse of Lehman Brothers, but RealtyTrac released its foreclosure report for August last Friday. Foreclosure filings, including delinquency notices, auction sale notices, and bank repossessions increased 12 p...
09/15/2008
Nationwide sales of existing homes rose 3.1 percent off a ten year low last month, according to the latest National Association of Realtor report. It's the highest level of existing home sales in five months. Still, resales were well below July 2007 - which are down 13.2 percent nationwide. The ...
08/25/2008
The number of foreclosures across the country continued to soar last month, according to the latest report from RealtyTrac. Total foreclosure filings in July, including delinquency notices, auction sale notices, and bank repossessions, were up 8 percent from last month - and 55% from last year. ...
08/14/2008
The number of signed contracts to buy a home unexpectedly rose last month to the highest level seen in eight months. According to the National Association of Realtors' Pending Home Sales Index released today, the number of contracts signed in June was up 5.3 percent from a downwardly-revised fig...
08/07/2008
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Perception and reality. It's an interesting thing how people will believe what they want, despite any and all facts to the contrary. Real estate web site Zillow.com released a survey today showing the difference between what we want to believe and what's really going on in the real estate market...
08/06/2008
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Stephen A. Harlan

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News and opinion affecting the professional real estate community in Atlanta, Georgia, written by a practicing real estate closing attorney.