My friends David Israel and Andy Hodes in Chattanooga are two remarkable business people - "win / win" or no deal. Great neighbors in Chattanooga, and certainly the most innovative agents working the Chattanooga market. So why does that matter to Intown Atlanta and Decatur Buyers and Sellers? Well, this post at the Scenic City Scoop should give you pause. Posted June 6, 2008. Usually the monthly Employment report is the main event of the week, but Fed Chief Bernanke stole the show. Following the theme of other Fed officials in recent weeks, Bernanke focused on inflation risks in multiple speeches, and his comments were unexpectedly direct. According to him, inflation expectations are a “significant concern. He explained that the decline in the value of the dollar and the increase in the cost of energy were adding to inflationary pressures. Inflation is negative for mortgage investors, and mortgage rates rose for the fourth straight week due to increased … [Read more...]