A recent article in the Wall Street Journal kind of shocked me when it stated that American incomes remained essentially flat in 2018. Our unemployment rate is at a historically low level, and as employers fight for quality employees, it should make good sense that wages would be going up. B…

GeoffSmith

When pressed, I’m happy to tell how I came through the near economic collapse our country went through in 2008. It’s a story about getting knocked way down only to work a hard row back up. I’m certainly proud, and I certainly had a lot of help from some great people.

GeoffSmith

Hat’s off to my 10th grade economics teacher Coach Gann at Crestwood High School, the theory of “supply and demand and the invisible hand” is playing out in extremes in the metro area’s office market. 

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GeoffSmith

I’m not sure there is really any stronger anticipation than the grueling month of waiting a college football fan goes through before the season kicks off. It’s like that drive home from picking up the family’s pizza on Friday night when you are starving and there are piping-hot pizza’s smell…

GeoffSmith

I was right in the middle of writing an article that would have disappointed you interest rate hawks about how the Federal Reserve’s rate cut did not translate to a direct mortgage interest rate cut. Then the president flew in with an announcement of new tariffs on China, which sent rates sinking. 

GeoffSmith

You want another reason that real estate is interesting to talk about: Since 2010, the housing market comprised about 15 percent of the Gross Domestic Product. 

GeoffSmith

As a native of Metro Atlanta, I’m asked all the time: why didn’t you all plan better for all the people moving here? After stumbling for a good long while over answers, I’ve finally landed on one. The reason we have traffic issues isn’t a planning issue, it’s a funding issue. 

GeoffSmith

As many of you know, I’m a news junkie when it comes to things that are happening here in Georgia. After reading articles in several papers this week, I’m going to ask a question I know most of you have a very passionate answer for: Is it possible that we need MORE people to move to Atlanta? 

GeoffSmith

A couple weeks ago I talked about the housing market being a little Jekyll and Hyde, with lower-priced houses being in a sellers’ market and higher-priced houses being more in a buyers’ market. That article was more me going off articles I’ve been reading and gut-feelings. This one is about …

GeoffSmith

I ran into a friend the other day who was excited to tell me that the area many affectionately refer to as “East Cobb” is looking into becoming its own city. 

GeoffSmith

We are in an interesting time in our housing market right now. It seems higher-priced homes are not moving as fast as they have been, while homes under $400,000 in the metro area seem to be flying off the shelves. 

GeoffSmith

With tariff wars deepening and the Federal Reserve now preparing for rate cuts, mortgage rates have fallen through the floor, and we are now back into the 3 percents for a 30-year fixed-rate mortgage. 

GeoffSmith

I want to warn all of you, this article caters pretty much to community development nerds. But even if you aren’t one, even if you are just someone who lives in a community, you may very well be interested in hearing about something that spends money to improve your community without using y…

GeoffSmith

The Smith family is once again going full-boar Odyssey of the Mind this week at the World Finals on the Michigan State University campus.

GeoffSmith

I first heard of the Goat Farm during our recent Super Bowl when it hosted a number of music acts to help entertain some of the thousands of people that flooded our city. I thought it was just a quirky name for a music venue. Then today I read an article about its “$250 million renovation” a…

GeoffSmith

You probably remember Braselton as the small, quaint country town somewhere northeast of Atlanta that used to be owned by actress Kim Basinger. Well, it ain’t that anymore. 

GeoffSmith

Since GDOT and MARTA’s release of new plans to build two express lanes in each direction up Ga. 400 with bus rapid transit stops along the way, I’ve heard cries from folks as to why they are not extending heavy rail instead. I can’t help but think that this conversation is so, like, five yea…

GeoffSmith

If you think you have a handle on the Perimeter Center area in Dunwoody and how it is growing, you might want to think again. 

GeoffSmith

Dawson County may very well be next in line to become a county with a major mixed-use development. After watching the success of Avalon, and the construction a couple miles up Ga. 400 of Halcyon, a group called Dawson Village Partners is moving forward with its plans to build Dawson County’s…

GeoffSmith

I suppose spring break will mean something different once the boys are grown, but right now it’s a week where the four of us get away from it all and focus on being together as a family. 

GeoffSmith

The development scene in Atlanta has come a long way since back in the 1980s, when we were just blasting off into what many called the era of “suburban sprawl.” Business was booming and people were moving to the metro area from all over the world. 

GeoffSmith

I did not think for one second last November that I would be saying this, but mortgage rates have dropped under 4.5 percent, and if you locked a loan last fall, you should take a look at refinancing. 

GeoffSmith

I did not think for one second last November that I would be saying this, but mortgage rates have dropped under 4.5 percent, and if you locked a loan last fall, you should take a look at refinancing. 

GeoffSmith

On the west side of Atlanta in an area by the old Bellwood Quarry and near the Bankhead MARTA station, planners set in motion a new phase of the Atlanta Beltline, and construction started on two parks. 

GeoffSmith

Following the advice of a few folks I trust, we have decided to take this weekly news article to the next level. Starting a week ago, we will be recording a monthly podcast on all things economic development here in the metro area. 

GeoffSmith

Unlike the Oakland A’s version of moneyball, the Atlanta Braves are actually making money. And judging from their recently released 2018 earnings, they are making a ton of it. 

GeoffSmith

The Rotary Club of Roswell is one of the metro area’s most productive, attended and awarded clubs of its kind. And last week it hosted former Fannie Mae Chairman Egbert Perry as its guest speaker, who took the opportunity to talk directly about helping those in poverty by building developmen…

GeoffSmith

A who’s who of North Fulton developers gathered last week to talk about the mixed-use concept and how it has played out in Alpharetta and Sandy Springs. It was a glimpse into some of the great development minds that have helped to shape one of the most economically successful suburbs in the …

GeoffSmith

I work hard to maintain a positive outlook on things, constantly reminding myself how lucky I am to live not only in the best country on the planet, but also in one of the best parts of the best country on the planet. But every now and again, something comes up that allows me to get perturbe…

GeoffSmith

All right my fellow Atlantans, get on your best behavior. The world is watching. We are the center of the entertainment universe as the Super Bowl has officially rolled into town. 

GeoffSmith

Contrary to my friends who scoff and make fun of them, I’m a big believer in New Year’s resolutions. And it being mid-January, I’m knee-deep in mine. 

GeoffSmith

The tumbling stock market has brought with it one last hurrah to capture low mortgage interest rates. If you were thinking about taking cash out of your home and refinancing — or if you were on the fence about buying, now would be the time. 

GeoffSmith

As most of you know, the stock market has been throwing temper tantrums lately. Historic losses followed by historic gains, followed by historic losses. What you may not know is this volatility is being driven mostly by computers. 

GeoffSmith

“People are better than thoughts, they are just harder to control.” 

GeoffSmith

For the first nine years growing out of the disaster of 2008, we had weak economies but ended each year with experts predicting wild success in the year ahead. We ended last year and started this year with an economy hitting full stride, and yet we are heading into 2019 with investors freaki…

GeoffSmith

I’m not sure humankind has ever witnessed something so impactful to human existence, change so drastically in such a short time, as the computer. 

GeoffSmith

With several large projects under construction, including the State Farm mega-campus near Perimeter Mall, Dunwoody seemed poised to cash in on an influx of demand from developers who are ready to build large-scale, mixed-use projects there. 

GeoffSmith

Thanksgiving is over, and the cages holding Christmas back have come crashing down. The lights will go up, and the credit cards will get worked. 

GeoffSmith

While big news in our state is focused on not getting Amazon and political awkwardness, progress on the ground keeps marching forward. Plans were filed with the state for a massive redevelopment of the 145-acre campus of the Fort McPherson property in downtown Atlanta. 

GeoffSmith

Atlanta officials are not missing a beat after finding out our city will not be the new home of Amazon’s glorified HQ2. Earlier this week, city officials moved forward on a project that will both help land the headquarters of a shipping company that’s been around a little longer, and will tr…

GeoffSmith

Metro Atlantans have been groaning the last few years about the lack of affordable housing. Well folks, at least for the time being, it seems folks in other big cities have more to groan about. 

GeoffSmith

When the Braves announced they were leaving Turner Field and downtown Atlanta, and Cobb County voted to issue more than $376 million in bonds to help build a new stadium, Atlantans sour about the deal decried Cobb officials as fiscal fools, and Cobb voters eventually showed up at the polls t…

GeoffSmith

Sandy Springs has put together a task force charged with coming up with a residential and retail strategy for the north end of its city – namely that stretch of Ga. 9 that runs from Abernathy Road north to Roswell’s southern border on the river. 

GeoffSmith

I know, I know. Football season just kicked off, and I’m writing an article on baseball. But a lot of people don’t pay attention to sports as much except when it’s football season. So I’m using football’s magnetism to advocate for the purity of baseball!

GeoffSmith

If this is the calm before the storm in terms of new companies moving in and new office buildings going up, then it’s going to be some storm. 

GeoffSmith

People often don’t associate nature with revenue. But I just read an op-ed that shows how green can generate green.

GeoffSmith

When you average an annual job growth of nearly 80,000 jobs over five years, you’re going to need a place to put everyone. And developers in Metro Atlanta seem happy to oblige.