GNB Update

Welcome to the mid-week...Here's the news...

There might be some signs of metro Atlanta's housing market moving in the right direction tonight. WXIA reports that there's a "ray of hope", despite the fact that foreclosures have reached record highs in Cobb County. One local realtor says that the foreclosures are factored into low-interest rates. That's creating the "perfect storm" to buy a new home.

A south metro Atlanta library could soon be open less often. The Fayette Daily News reports that officials in Peachtree City last week considered a proposal to close its local library one full day. But city leaders also want to extend hours on other days to meet the needs of individuals using the facility. The Peachtree City council trimmed the hours just a few short months ago to address budget concerns.

And from our blog files, SWGA Politics takes an inside look at the "Good, Bad, and Ugly" concerning Albany's city budget for fiscal year 2010.

That's the news. Remember to bookmark georgianewsbeat.blogspot.com for all of the latest Georgia-related business, political, and other news all day, and all night. Enjoy your Wednesday night.