This Week in Atlanta Real Estate: Atlanta is one of the best cities to be a real estate agent

by Rincey Abraham

Atlanta-downtown-ferris-wheel

Atlanta is one of the best cities in the U.S. to be a real estate agent. WalletHub compared more than 170 cities and Atlanta came in at No. 30. The website examined 18 key indicators across two main categories: job opportunity and competition, and the health of the local real estate market. While Atlanta was No. 69 in job opportunities and competition, it ranked No. 10 for its extremely healthy real estate market.

In other Atlanta real estate news:

  • Smart Asset released its annual ranking of the best cities for new college graduates and Atlanta placed at No. 25. The website ranked cities based on 10 metrics across three categories: jobs, fun and affordability.
  • Cobb Count has approved the building of a number of new communities, which will add more than 100 new townhomes to the area, according to the Atlanta Business Chronicle. Ashton Atlanta LLC will build 60 townhomes, while Pulte Homes will build 43 townhomes. A new 45-home senior living development by Fortress Builders has also been approved.
  • Atlanta BeltLine announced it will be developing a 91-unit senior housing facility on the Westside Trail. The new development will allocate 85 percent of the units as affordable housing. Located in the Adair Park Historic District, the $15 million development will also have a picnic area, community garden, computer lab and more.
  • Ashton Woods will be building a variety of residences on a 19-acre site near the Chattahoochee River. The new project has been named the Reverie and will include a mix of townhomes, single-family dwellings and for-sale lofts. According to Curbed Atlanta, home won’t be available for sale until later in 2018, and prices will be announced at that time.
  • Invest Atlanta will be selling around eight acres of land in Vine City to the municipal housing authority to create a mixed-income residential complex. The $60 million project will have 239 units, with the majority set aside for affordable housing. The project will take around two years to complete and will include both apartments and single-family houses, the Atlanta Business Chronicle reports.