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Member since: Sun May 28, 2006, 12:08 PM
Number of posts: 3,060

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Good info about new normal housing market

Good graphs at link showing
individual metro area impacts


The economy is tanking. So why aren’t home prices dropping?


Usually, a huge drop in demand would put downward pressure on prices; home sellers would be competing with each other to attract a limited number of buyers by dropping their asking price. But while housing demand has dropped substantially, housing supply also dropped in lockstep as potential home sellers pulled out of the market for many of the same reasons buyers are.


While both supply and demand have dropped, the relationship between the two went largely unchanged, meaning the drops in supply and demand were generally proportional to each other. Furthermore, home sales also dropped after the pandemic hit, and it’s hard for prices to move when there aren’t as many housing transactions to make prices move in aggregate. Together, this leaves prices much where they were before the pandemic.


While the current conditions haven’t led to a short-term price drop, the long-term economic trends induced will likely effect prices in the future. Zillow economist Skylar Olsen says Zillow is forecasting a price drop of 2 to 3 percent through the end of 2020, depending on the city, compared to where prices were in February.

(In box me if you need some free, no strings real estate info. I'm licensed in three states and happy to help.)

Some Good News Potluck Episode 5


whoever had a violent eruption of Krakatoa AND giant radioactive Chernobyl forest fire AND global pandemic on their Apocolpse bingo card wins.



(Totally stolen from the Bob Cesca Podcast ... without the Krackatoa part) http://www.bobcesca.com/

BREAKING: Georgia governor to order shelter in place to curb coronavirus

Source: Atlanta Journal Constitution

Gov. Brian Kemp on Wednesday said he is preparing a statewide shelter-in-place order across Georgia to try to curb the spread of a coronavirus pandemic that’s sickened thousands and is linked to the deaths of at least 139 residents.

The new rules, which he will issue on Thursday, are set to run from Friday through April 13. He also said he would immediately sign an order that would close K-12 schools through the rest of the academic year. 

He said his decision was triggered by "game-changing” new projections on the disease’s spread in Georgia. He also said he was informed of new data that this virus “is now transmitting before people see signs.”

“Those individuals could have been infecting people before they ever felt that. We didn’t know that until the last 24 hours,” he said.

Read more: https://www.ajc.com/blog/politics/breaking-georgia-governor-orders-shelter-place-curb-coronavirus/vdAoWkjq39W2usr9e8W8BL/

Really Kemp? You fucking lying idiot!

We've all known for weeks about asymptomatic spread of Covid 19.

Let's get some baseline CV19 numbers for DU

What is your Covid 19 status? Please answer for yourself only.
If someone in your household has tested positive please indicate in comments.

Please keep kicked

Gov. Kemp bans large gatherings, orders shelter in place for 'medically fragile'

Source: WSB TV-Atlanta

Gov. Brian Kemp will issue an executive order to those who are “medically fragile” to shelter in place.

Executive order goes into effect noon Tuesday and will end April 6.Kemp banned large gatherings of more than 10 people and ordered bars and nightclubs closed.

Families who get SNAP will get an additional $100 in nutrition benefits.

The state has conducted 1,245 tests, and more than 3800 tests have been done by private labs.Kemp says more than 20 testing sites have been set up across the state. You must have a referral from your doctor to get a test at any of these sites.

Read more: https://www.wsbtv.com/news/local/atlanta/gov-kemp-give-update-coronavirus-crisis-georgia/2X3QEJI2E5GTDIO2XLKLG3Y7NU/

Barn door meet gone horse

UPDATE: Fulton closing schools Tuesday after teacher tests positive for coronavirus

Source: Atlanta Journal Constitution

Fulton County will close all its schools and offices Tuesday after a teacher was determined to be infected with coronavirus.

In a press conference today, Fulton Superintendent Mike Looney said the affected employee was a teacher who taught at both Bear Creek and Woodland Middle Schools. 

In addition, Looney dismissed Creekside High School due to its proximity to the school and the fact Creekside shares staff with Bear Creek middle school. In addition, he said many families had children in both schools. 

Bear Creek and Creekside are located in Fairburn; Woodland is located in East Point.

Read more: https://www.ajc.com/news/state--regional-education/fulton-close-some-schools-due-coronavirus-infection/6uX7qFohu3jOG8Dedc7ycI/

Fulton County is Metro Atlanta

Malcolm Nance weighs in on the Al Franken Podcast



I love me some Malcolm Nance.

Oh nice! Thanks for the heart!

Thanks for the heart!

My first and only one this year.

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