State of the City Address, Real Estate in Atlanta Attractive Asset

Mayor Mike Davis

Dunwoody, GA – The City of Dunwoody and the Rotary Club of Dunwoody, with assistance from the Dunwoody Chamber of Commerce, proudly present the third annual State of the City Address on Tuesday, February 21, 2012 at the Crowne Plaza Ravinia, located off Ashford Dunwoody Road.

Dunwoody’s new Mayor Mike Davis will deliver this year’s City address focusing on new goals and opportunities for 2012, smart growth, fiscal responsibility, economic development and the key milestones and projects expected to take shape in the coming year.

“Beginning the year with a new mayor, new and returning council members and a number of critical objectives, 2012 promises exciting opportunities for the City," said Warren Hutmacher, City Manager. “At the State of the City address, we not only celebrate the many accomplishments of the past year but we announce a new set of goals and targets for 2012. It’s a high energy event that has become a tradition for the City."

This year’s festivities kick off with a reception beginning at 6:00 p.m. followed by the State of the City Address scheduled for a 7:00 p.m. start. In addition to Mayor Davis, the Rotary Club and the City are honored to have Chris Cummiskey, Commissioner of the Georgia Department of Economic Development, as a guest speaker. Entry to the State of the City event is free and open to the public. Early arrival is encouraged, as seating and parking will be limited.

The Presenting sponsor for the third annual State of the City Address is the Rotary Club of Dunwoody in conjunction with the City of Dunwoody and Dunwoody Chamber of Commerce. Carbonara restaurant, a new addition to the quality Dunwoody dining landscape is this year’s VIP event sponsor. Additional participating table sponsors for this event include: The Park at Perimeter Center, Bank of North Georgia, Café Intermezzo, Clark Patterson Lee, Community and Southern Bank, Convention and Visitors Bureau of Dunwoody, Costco, Dated Events, LLC, Dentistry With a Difference, Dunwoody Development Authority, Georgia Perimeter College, Hill International, Inc., Hotel Equities, InterDev, LLC, Jacobs Engineering, JAT Consulting Services, Inc., Lowe Engineers, Perimeter Community Improvement Districts, Piedmont Bank, Stout Atwood LLC, Sun Trust Bank, and The Crier Newspapers.
For more information regarding the City of Dunwoody or State of the City Address, please contact Edie Damann, Marketing and PR Manager, at 678-382-6700 or edie.damann@dunwoodyga.gov.

Atlanta Real Estate is Attractive Asset


Dr. Marc Faber

 The housing market in the south of the United States is among the most attractive asset classes in the world, Marc Faber, the editor of the Gloom Boom and Doom Report, told CNBC on Friday, because while homebuilder stocks had rallied, property prices hadn`t moved much.

"If you look at the supply of homes, new construction, and you compare it to immigration into the United States, to the growth of the population, then these (southern) markets are very attractive from a longer term perspective," Faber told Bernie Lo on CNBC`s Straight Talk.
Among the markets he pointed to were Atlanta, Phoenix and Miami. Faber said investors could earn a rental yield of 8% per year and buy homes in the south of the US at a 40 to 50% discount to construction costs.

Click Marc Faber to read full story.