This Week in Atlanta Real Estate: Druid Hills named a great ‘bang for your buck’ neighborhood

by Rincey Abraham

While plenty of neighborhoods around Atlanta are heating up, there are still pockets of affordable options around the metro area. Trulia picked the Druid Hills neighborhood as one of the “best bang for your buck” options in Atlanta. Although there are a lot of high-price options in the neighborhood, Trulia reports that there are also smaller, more affordable homes. In addition to being the home of Emory University, the neighborhood also boasts other highly ranked schools and local attractions like the Michael C. Carlos Museum.

In other Atlanta real estate news:

  • Taylor Morrison Atlanta is having success with its Berkeley Village community in Duluth, as more than 100 homes have sold within 30 days of opening. The community is meant to have a “village feel” with 62 single-family homes and 89 townhomes. Berkeley Village offers 24 different floorplans in homes ranging from 1,805 to 2,990 square feet located in a neighborhood that is set up to encourage walkability.
  • Atlanta-based Silverton Mortgage Specialists will be joining Berkshire Hathaway as it is acquired by Vanderbilt Mortgage and Finance, according to the Atlanta Business Journal. The company says this will allow Silverton to grow as a national home lender without losing its name, leadership or identity. There are not expected to be any disruption in service for anyone currently working with the company and it will add the ability to retain loans for servicing throughout the life of a loan.
  • Preferred Apartment Communities was recognized as one of Atlanta’s 2018 Top Workplaces by the Atlanta Journal Constitution. This is the first year the company made the list. The AJC compiles the list annually based on employee feedback and surveys that measure things like overall happiness, management performance, environment and opportunities for career progression.
  • The CF Foundation is disappointed that the Atlanta Housing Authority has not yet voted on refinancing the Villages of East Lake community to allow for renovations. The CF Foundation and the Villages of East Lake have been trying to push forward with refinancing since August 2017, according to the Atlanta Business Journal.