The FED Said From the Federal Reserve Bank of Atlanta A home is not just a place to lay your head at night. For many, it’s a sanctuary, an anchor, a sign of permanency and strength. A way to build wealth for owners. Across the Southeast, many individuals are struggling to find and afford a […] Read more
The FED Said “Location, location, location” is a truism associated with residential real estate. What we’re hearing from our construction contacts could be another sort of truism: “Labor, lumber, lots.” They are referring to the ongoing tight labor market in the construction trades, the skyrocketing price of lumber, and the difficulty of obtaining lots on […] Read more
The FED Said The recently enacted Tax Cuts and Jobs Act of 2017 substantially reduced corporate taxes, from 35 percent to 21 percent. Some commentators and practitioners have voiced concerns about how the new tax law will affect demand for Low Income Housing Tax Credits (LIHTC), America’s primary mechanism for producing new or refurbished affordable housing units. […] Read more