Thursday, June 20 2013 12:09 AM EDT2013-06-20 04:09:02 GMT
The Albany Water Gas and light commission is preparing customers for a change that starts soon for those who pay with debit or credit cards. WG&L leaders say the utility is paying $20,000 dollars a monthMore >>
The Albany Water Gas and light commission is preparing customers for a change that starts soon for those who pay with debit or credit cards.More >>
Wednesday, June 19 2013 11:41 PM EDT2013-06-20 03:41:18 GMT
An Albany man who was born when Woodrow Wilson was president celebrated his birthday today. Century Pines Assisted Living Center threw a party for resident Charles Walker who turned 101 today. Walker wasMore >>
An Albany man who was born when Woodrow Wilson was president celebrated his birthday today.More >>
Wednesday, June 19 2013 11:34 PM EDT2013-06-20 03:34:54 GMT
For years, the area right across the street from the RiverQuarium has been rundown, but that's changing. A couple of businesses are thriving there. The new art park is open, and a sidewalk improvementMore >>
For years, the area right across the street from the RiverQuarium has been rundown, but that's changing.More >>
Wednesday, June 19 2013 11:20 PM EDT2013-06-20 03:20:33 GMT
Downtown Albany leaders are looking for ways to make sure the Flint Riverquarium remains an important part of downtown for years to come. Tonight, The Albany Dougherty Inner City Authority board began discussionsMore >>
Downtown Albany leaders are looking for ways to make sure the Flint Riverquarium remains an important part of downtown for years to come.More >>
Wednesday, June 19 2013 6:51 PM EDT2013-06-19 22:51:07 GMT
Ravi Mikel Givens was arrested Tuesday and charged with possession of marijuana with intent to distribute. He is being held in the Dougherty County jail. Givens, who played ball at Westover and StetsonMore >>
Agents say that police responded to the apartment because of a burglar alarm. Officers found the back door broken open and went inside. That's where they detected a strong odor of marijuana, and saw pot in plain view.More >>
June 8, 2007
Albany--South Georgia realtors are experiencing a slowdown in the housing market, much like the rest of the nation. Economists blame inflation and higher interest rates for the sluggish home sales.
All over Albany, local realtors will tell you: "There's a lot of houses on the market," says realtor, Traci Howell.
But lately, not everyone is buying one. "It is a little slow," she says.
Traci Howell works as a realtor for Walden & Kirkland. In the past year, home sales have tumbled thirty percent nationwide.
"Things like that happen from time to time, but I believe it's picking up. Like today nobody is in the office," she says.
For other realtors in Albany, there is no housing slump. "The market has been picking up for me," says realtor, Christina Hawkins.
Hawkins with Good Life Realty says spring and summer are the busiest seasons to purchase a home. "I have six closings for the month of June right now,"
Hawkins blames higher fix-interest rates on the slowdown in the housing mark most realtors are currently experiencing.
"The index is higher than it's been in years, and so your interest rates are going up everyday, and sometimes twice in one day," she says.
But despite that, area realtors say the Albany housing market is going strong.
"In Albany, with all the relocations going on, you are able to negotiate prices and get a better deal this time of year," says Hawkins.
And if you're in the market for a new home, Howell says now is the perfect time to buy. For the simple fact:
"There's houses on the market to choose from," says Howell.
According to economists, existing-home sales are projected to total 6.18 million in 2007 and 6.41 million next year compared to 6.48 million in 2006.