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This Week in Atlanta Real Estate: Affordable housing and iconic estates

by Peter Thomas Ricci

new-construction-residential-spending-october-2015-dodge-data-analytics-housing-recovery

From affordable housing initiatives to epic estates, this week provided plenty of news for the real estate community.

•A 43-story hotel/condominium in Midtown is inching closer to reality; the building would be the tallest in Midtown since the recession.

•A Georgia Tech professor is urging Atlanta to get a head start on affordable housing development in the city’s west side – before it’s too late.

•Is the Mediterranean home style losing its luster with homebuyers? The Wall Street Journal looks into what has happened to the once-mighty style.

•New construction homes are not only bigger than past residences, but according to a new NAHB analysis, they also have more rooms.

•Villa Juanita, one of Atlanta’s most iconic estates, has sold for $7.2 million; it’s the second-highest sale this year in Buckhead, and the seventh-highest of all time.

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