Latest news with #PeachtreeCorners
Yahoo
19-05-2025
- Business
- Yahoo
Experts say metro Atlanta homebuyers have more options now
A realtor and professional stager helped homeowner Daniella Guzman with getting her Peachtree Corners home ready for buyers. 'We want to sell it as soon as possible, but at a fair price as well,' Guzman told Channel 2 Action News. In metro Atlanta, this April, compared to last year, the number of homes listed for sale is up about 50%, and sales are down 3%. Realtor Stacey Elgin says prices are staying about the same, but Georgia buyers have more choices and room to negotiate. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] 'It's good news for buyers,' Elgin said. 'It doesn't necessarily mean they'll reduce the price of the home, but they may pay your closing, they may pay your HOA dues, or may fix an appliance.' Bankrate's Mark Hamrick told Channel 2's Linda Stouffer that buyers should add up total costs. 'The risk of this tariffs world that we're living in is that it's going to add to the cost of building a new home. It's going to add to the cost of renovation and repair, hardware, appliances,' Hamrick said. And for people selling this year, Elgin suggests making sure your home is in tip-top shape for online listings. 'The best thing you can do is what we're doing today - is having your home completely ready for viewing,' Elgin said. The latest Bankrate average for a 30-year fixed-rate mortgage is just under 7%. There's no telling whether that will go down any time soon. TRENDING STORIES: Johns Creek teen cashes over $545K in fake checks to pay lawyer in separate fraud case, police say 4 identified in apparent murder-suicide in southeast GA 3 men dead, others injured after shooting at GA bar [SIGN UP: WSB-TV Daily Headlines Newsletter]
Yahoo
09-05-2025
- Business
- Yahoo
Peachtree Corners wants its own police department. But what would it cost residents?
Gwinnett County's largest city is considering creating its own police department and breaking away from the Gwinnett County Police Department, but some neighbors are worried about it increasing their taxes. City leaders say there is not a major crime wave and there is not a long list of problems they have with Gwinnett County police, but the city is growing so it may be time for them to have their own department. 'There are even instances where we have zero police officers inside our city limits,' Peachtree Corners City Manager Brian Johnson said. 'We're essentially renting police service from the county instead of owning our own department.' [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] He told Channel 2 Gwinnett County Bureau Chief Matt Johnson that having a city-run department could keep officers in town and improve response times. 'We've gotten to a point where we've had enough citizen complaints about response times and lack of presence in the city,' he said. But a Peachtree Corners Police Department would cost an estimated $12.1 million a year, which would mean a tax increase for homeowners. Johnson says the average homeowner would see an increase of about $70 each year. TRENDING STORIES: Traffic stop lands GA college student in ICE custody 2 weeks after same thing happened to father Former Gwinnett Co. teacher accused of inappropriately touching students at elementary school Buc-ee's announces opening date for new Georgia location On Thursday night, city leaders held a public town hall to explain the plan and hear from residents about possibly cutting ties with Gwinnett County police. 'Is there a problem? There isn't. I don't know why we're here tonight. If anything, it'd be more efficient to pay them a few more bucks to get a couple more officers over here,' resident Paul Lamont said. 'You got the advantages, the cost is only a tiny bit more, and, boy, do you get a better city and you get more safety,' resident John Wright said. A vote by the city council is expected toward the end of year or early next year. If approved, the department would not launch before 2029. [SIGN UP: WSB-TV Daily Headlines Newsletter]
Yahoo
09-05-2025
- Business
- Yahoo
Peachtree Corners Police Department? Community weighs pros and cons
The Brief The City of Peachtree Corners is weighing whether to form its own police department. City leaders kicked off a public feedback and awareness campaign with a Q&A Townhall on Thursday. The City's Mayor, Mike Mason, says they're not dissatisfied with the job Gwinnett County Police are doing patrolling the city now. However, he says it's worth considering forming their own department given the staffing shortages and the large area GCPD covers. Some at Thursday's meeting supported the idea, while others questioned the cost and whether it was even necessary. City leaders estimate it would cost around $12 million a year to operate a police department, which would translate to a slight increase in property taxes. PEACHTREE CORNERS, Ga. - The city of Peachtree Corners is working to decide whether to form its own police force, and some of its residents already have strong opinions on the matter. City leaders kicked off a public feedback and awareness campaign about the proposal to form their own police department with a Q&A Townhall on Thursday. What we know "Is it better one way or the other? There are pros and cons of each," said City Manager for Peachtree Corners, Brian Johnson. Per an intergovernmental agreement (IGA), Gwinnett County Police patrol and police Peachtree Corners. Johnson told gathered residents that while they're not dissatisfied with the job GCPD is doing, they believe they may be able to get better coverage and response times from having their own police force. He pointed to chronic staffing shortages at GCPD. Johnson said the West Precinct is in charge of patrolling and responding in Peachtree Corners, but 75% of crime in that precinct happens outside of the City. So he and Mayor Mike Mason say officers often have to leave Peachtree Corners to respond in other areas. "We don't have a lot of crime. But the attention (GCPD) can pay us with the cars and the guys on the street patrolling is less. And if they get something, they properly go where they should. So the question is, is that in our best interest as a city?" Mason said. By the numbers According to a study the City commissioned, Peachtree Corners estimates they need a staff of 65 people, 52 being sworn officers, to adequately provide enough police services for the City. Johnson said that from their data, they estimate that at any given time there are 3 to 4 GCPD officers patrolling the City, but with their plan, they could have up to 8 patrolling the City at a time. Currently, the City pays around $9 million/year to Gwinnett County for police services, but in order to create a department of that size, they estimate it would cost them about $12 million/year. In order to make up the difference, they would have to raise property taxes. Johnson says they estimate they would need to raise taxes by 0.6 mills, which, for the average homeowner in Peachtree Corners, would be an increase of $70/year. What they're saying Many at Thursday's meeting seemed concerned about the increase in cost and whether that cost would be justified. "This seems like a solution in search of a problem. Because we agree, your numbers and my numbers and everything I've researched shows that the crime rate has stayed pretty much steady since 2017," said one resident. Johnson did present data showing the crime rate in Peachtree Corners has remained the same for the last 7 years. "Why do we need to now spend this kind of money on a problem that's not there?" that resident said. Others worried that losing GCPD would mean losing services like special units such as SWAT and others. But a few people at the meeting were supportive of the idea. "We know we need better policing, we really do…you get all the advantages and the cost is only a tiny bit more," said one resident. Still, several other taxpayers asked city leaders why they couldn't just try to renegotiate the contract they have with Gwinnett County to ensure enough officers are patrolling the city. "We can do it for less than what the city is proposing…we have leverage over the county," one resident said. What's next City leaders say they'll be gathering feedback from residents all summer. "We haven't made up our minds one way or the other yet," Mayor Mason said. They say they'll be holding more townhalls, but they're also encouraging people to send them feedback through a survey on their project page. Johnson says the soonest the City Council would decide anything would be in the Fall. And if they do decide to form their own police department, per the IGA, they would have to give Gwinnett County a four-year heads up. The Source Information for this story was provided by the City of Peachtree Corners and gathered at a public meeting the city held.
Yahoo
17-04-2025
- Business
- Yahoo
NVIDIA (NasdaqGS:NVDA) Accelerates AI Innovations In SMEs And Smart Cities
Recent developments at NVIDIA include Pri0r1ty Ai Ltd. joining the NVIDIA Connect Program, which offers access to AI acceleration tools, and Peachtree Corners integrating NVIDIA technologies for smart city enhancements. Despite these positive strides in AI, NVIDIA's stock saw an 8.61% decline last week, coinciding with broader market volatility and concerns over chip export restrictions to China. The Nasdaq Composite, within the same week, saw modest gains as NVIDIA and other tech stocks faced pressures from U.S.-China trade tensions, exemplifying how external factors can weigh on company-specific positive news. We've identified 2 weaknesses with NVIDIA (at least 1 which is significant) and understanding the impact should be part of your investment process. Trump has pledged to "unleash" American oil and gas and these 20 US stocks have developments that are poised to benefit. The recent developments surrounding NVIDIA's initiatives with Pri0r1ty Ai Ltd. and the smart city integration by Peachtree Corners highlight the company's ongoing efforts to bolster its AI footprint. However, broader market challenges, especially concerning chip export restrictions to China, are influential factors affecting NVIDIA's stock performance. Despite last week's 8.61% decline, investor focus remains on the company's strategic partnerships, such as those with Toyota and Uber, which may drive significant growth in AI and automotive sectors. Over the past five years, NVIDIA has achieved a total return of very large, showcasing its strong market presence and operational success. More recently, the company has also surpassed the 4.6% return of the US market over the past year, demonstrating robust performance relative to its peers. This historical context emphasizes the resilience of NVIDIA's business model amidst fluctuating market dynamics. The recent news may impact revenue and earnings forecasts positively. The expansion in AI, facilitated by partnerships and technological advancements, points toward potential enhancement in NVIDIA's revenue streams, particularly in data centers and gaming segments. Analysts predict an annual revenue growth rate of 20.2%, with earnings projected to grow to US$159.1 billion by April 2028, although there are varying expectations. In terms of valuation, NVIDIA's current share price stands at US$96.3, representing a significant discount to the consensus analyst price target of US$169.47, suggesting potential upside if forecasts materialize as anticipated. As NVIDIA continues to address regulatory challenges and capitalize on AI opportunities, its strategic moves will likely play a crucial role in guiding future performance. Learn about NVIDIA's future growth trajectory here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:NVDA. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
16-04-2025
- Business
- Yahoo
NVIDIA (NasdaqGS:NVDA) Advances AI Solutions and Launches GeForce RTX 5060 Series
NVIDIA experienced a notable 16% price move last week, closely aligning with several strategic events. The company announced the integration of its technologies with Peachtree Corners for smart city enhancements and a new GeForce RTX 5060 series, catering to gamers with advanced features. Additionally, the collaboration with SandboxAQ and the NVIDIA Connect Program entry by Pri0r1ty Ai Ltd. offer further growth avenues. Despite the wider market impacts from the U.S.'s export restrictions to China affecting chipmakers, these developments underscore NVIDIA's commitment to innovation in AI and gaming, potentially influencing its share performance positively. Be aware that NVIDIA is showing 2 risks in our investment analysis and 1 of those is significant. The latest GPUs need a type of rare earth metal called Dysprosium and there are only 22 companies in the world exploring or producing it. Find the list for free. NVIDIA's recent announcements, including integrating its technologies with Peachtree Corners and launching the GeForce RTX 5060 series, could bolster its AI and gaming positions. Over a five-year period ending today, NVIDIA's total shareholder return was very large at 1571.38%. This demonstrates significant growth when placed against the past year's overall semiconductor industry performance, which returned 5.3%. Following the integration announcements, NVIDIA's share price rose 16% last week, presenting a positive signal although remaining below the consensus price target of US$167.69, which foresees a 43.2% rise from its current level. The partnerships with Toyota and Uber are expected to enhance NVIDIA's presence in the automotive AI sector, potentially driving revenue and earnings upward. These initiatives, alongside the Blackwell architecture, position NVIDIA to capitalize on data center growth and AI workloads, with forecasted revenue growth at 30.7% annually for the next three years. While recent news creates optimism for NVIDIA's expansion, the company still faces challenges including U.S. and China trade tensions and higher operational costs associated with advanced manufacturing processes. These factors could influence earnings forecasts and require careful monitoring amid evolving market conditions. Jump into the full analysis health report here for a deeper understanding of NVIDIA. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:NVDA. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
