New Construction News

St. Bourke: Gwinnett County still dominates new-housing activity rankings

The county stood head and shoulders above its neighbors in terms of Atlanta-area housing starts, closings and lot deliveries, with Cherokee County coming in a distant second in all three metrics.    

New-home sales post surprise gain in October as median price hits new high

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.   

Townhome community breaks ground on former Paideia School land

A joint-venture partnership is developing the 239-unit build-to-rent Avondale East community in Stone Mountain.

MBA: New-home mortgage applications fall in October

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

Permits in hand, Parkland Residential set to break ground on Lawrenceville community

The development will be called Sugarloaf Landing and feature 114 build-to-rent townhomes. 

Centennial Yards breaks ground on residential, hotel towers

The buildings are the first ground-up components of the $5 billion sports-and-entertainment district taking shape over the Gulch. 

Housing starts slow in October but remain elevated

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes. 

Blue River closes on two Cobb County housing developments

The future communities will deliver 56 new single-family homes and townhomes to Mableton and Marietta. 

Permitting received for 389-home MPC in Dekalb

Crestwind Township will include 260 build-to-rent townhomes and 129 single-family homes for sale. 

Parkland Residential refinances Lawrenceville BTR community with Fannie Mae loan

The move comes as the company prepares to begin construction of the 37-home second phase of the development, Sweetwater Springs. 

Atlanta Housing picks developer for 74-acre Bowen Homes site

The city’s housing authority chose a joint venture of developers to redevelop the long-vacant site of the former public housing project. 

Developer to bring 348-unit community to McDonough

The Oak Grove Vista project will be developed on 33 recently acquired acres on Jonesboro Road. 

New-home sales resume downward trajectory in September

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

Developer breaks ground on 279-apartment community in LaGrange

The complex is part of a larger master-planned community, which will include single-family homes and restaurant and retail space. 

Dekalb development authority approves tax incentives for massive mixed-use project

Related Development has proposed a mixed-use project that would take advantage of Children’s Healthcare of Atlanta’s nearby billion-dollar expansion. 

Housing starts miss expectations in September

New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

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