So much for global warming! Atlanta took a hit with the snow and ice last week. Amazing how the whole city shuts down but it’s probably unwise to use taxpayer funds to purchase additional snow/ice removal equipment for such a rare event.
We had several clients aggressively putting in purchase offers last week hoping to capitalize on decreased competition. In their offers they were stating they could close in 5 days (which we can do) hoping to get quick decisions from banks. We’ll see how that turns out this week.
Overall though it seems that the banks and real estate investors largely took last week off. That should change this week.