I have seen estimates stating Atlanta has a 3 year supply of residential lots, nearly double the historical norm...ouch!

My suggestion is to build a business relationship with a couple of small local banks in your area.

While prices have gone up and down, the historical trend has been inflation.

He said that when all is said and done, prices should return to the mean, or historical trendline of prices.

At their seminar they say they want relationships built with customers in the carolinas (for this seminar) so that they will bring short sales to and through their mitigation department.

According to me, they do that, because they want to build a relationship with the customers..

Would I go with a bank local to me (to perhaps start or continue a relationship) or am I basically required to use a bank close to the property?

Take out a small secured loan or credit card from your local bank.Pay it back on-time / quickly.Take out a larger secured loan/credit card from your local bank.Pay it back on-time / quickly.If your business is an LLC or Corp you need to develop the businesses relationship with lenders and other businesses.

Keep trying to build the relationships with the decision makers at the various lenders.

for one, interest rates are amazing right now (and historically speaking).