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Classic City Equity

Name: Classic City Equity
Address: Atlanta, Atlanta, GA, US
Telephone: +14044880178

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United States
Atlanta, GA
Classic City Equity

We provide bridge/mezzanine loan financing for residential investment properties

09/11/2024

United Trust Bank

America is land of the free because of the brave. To all of our service members who sacrificed and continue to sacrifice for the greater good, thank you! We will never forget the suffering felt on 9/11 and we will always stand strong together, remembering those we have lost, those who have given their lives and the reason our country is so great, because we stand united.

#911

09/06/2024

United Trust

The U.S. jobs report for August 2024, released today, shows that the economy added 142,000 nonfarm payroll jobs, falling short of the forecasted 160,000 to 165,000 range. This represents a continued slowdown in job growth, especially compared to earlier months. Notable job gains were seen in the construction sector, while manufacturing saw a slight decline.

More importantly, prior months job gains were revised down again. Rates will be lower for the weekend so go buy your dream home, start that refinance process to payoff your credit cards, or refinance if you took a mortgage out last year in the 8’s!!

09/02/2024

United Trust Bank

08/02/2024

United Trust Bank

Mortgage rates are falling and moving more to normalized rates. Inflation is slowing and unemployment is growing which will allow the FED to reduce the FED Funds rate in September. But all the commentary this week has driven the bond market lower. If you are in the market to buy a home, I would say start looking and find an experienced realtor and an experienced lender. Both roles will be pivotal in your home buying process.

Utbhomeloans.com

06/27/2024

United Trust Bank

Tomorrow morning at 8:30 am EST, the personal consumption expenditures index is set to be released for May. Expectations are no change from April but expect the information to drive mortgage rates for the weekend. Just remember bad news (less consumer expenditures) will be good news for rates. However, frothy consumer expenditures will be bad news for rates. We are in that tug-a-war of data right now but we recently have seen some more positive trends in inflation.

06/19/2024

United Trust Bank

Who is the greatest Chicago Cub, none other than Ernie Banks who often stands out as a top contender. Known as "Mr. Cub," Banks spent his entire 19-year career with the team, amassing 512 home runs and earning back-to-back MVP awards in 1958 and 1959. His infectious enthusiasm and iconic phrase. Let's play two," embody the spirit of the franchise. While other legends like Ryne Sandberg, Ron Santo, Marj Grace, and more recently, Kris Bryant, have also left indelible marks, Banks remains a beloved figure and a symbol of the Cubs' enduring legacy.

05/30/2024

United Trust Bank

Would you consider living in a Tiny Home?

Tiny homes have gained significant popularity as a sustainable and cost-effective housing solution. Typically ranging from 200 to 600 square feet, these compact dwellings offer a minimalist lifestyle, reducing living expenses and environmental impact. The appeal of tiny homes lies in their affordability, with lower initial costs and reduced utility bills. They also promote a decluttered, simplified way of living, which can lead to greater personal freedom and mobility. Many tiny homes are designed to be eco-friendly, incorporating energy-efficient systems and sustainable materials. This movement aligns with a growing trend towards minimalism and sustainable living, attracting a diverse group of enthusiasts from young professionals to retirees.

05/29/2024

United Trust Bank

What should our expectations be for residential real estate appreciation the next 18 months?

In 2024 and 2025, residential real estate prices are expected to appreciate, though at a moderated pace compared to the rapid increases of recent years. Factors driving this appreciation include continued demand for housing, limited supply in key markets, and stabilizing mortgage rates. Additionally, economic growth and demographic trends, such as the increasing number of millennials entering prime home-buying age, will support price gains. However, potential risks like economic uncertainties and policy changes could impact this outlook. Overall, while growth may be slower, the residential real estate market remains poised for steady appreciation.

05/27/2024

United Trust Bank

Today, we honor and remember the brave men and women who sacrificed their lives for our freedom. Their courage and dedication remind us that freedom is not free. Let us reflect on their sacrifice and express our deepest gratitude.

05/21/2024

United Trust Bank

Is the Condo Market crashing ?

The condo market is facing significant pressures due to rising insurance costs, which is affecting affordability and market stability in some areas. High insurance premiums are driven by factors such as increased natural disasters, higher construction costs, and stricter building codes. These costs are often passed on to condo owners through higher association fees, making condo ownership less attractive and affordable.

While this isn't leading to a widespread crash, it is causing strain in certain regions, particularly in areas prone to natural disasters like hurricanes and wildfires. Buyers and investors might be hesitant to enter the market, leading to slower sales and potentially lower property values in those affected areas. Therefore, while the market isn’t universally crashing, the impact of rising insurance costs is certainly contributing to localized market challenges.

07/21/2023

We are lending on this flip in Kirkwood!! Call us for your flip financing.

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Atlanta
Atlanta, GA

Telephone

+14044880178

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