The homebuilder, Traton Homes of Marietta, originally sought to build 145 townhomes on a 25-acre parcel at the southern end of South Cobb High School Road.

Last October, the Douglasville City Council approved the rezoning of 83.3 acres near the intersection of Prestley Mill Road and Timber Ridge Road to allow for the subdivision, which will be called Somerset at Timber Ridge.

The median sales price of new homes hit a new high of $416,900.

Atlanta-based ECI Group is developing the class-A community, which will provide the first new apartments in Conyers in 20 years.

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

“While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability.” — NAHB chief economist Robert Dietz

The 1.26-acre property is an assemblage of several parcels on the east side of Howell Mill Road between 9th and 10th streets northwest.

The proposal calls for the construction of a 163-apartment mixed-use development on 6.9 wooded acres at the northeast corner of South Cobb Drive and Oakdale Road in Smyrna.

Floorplans of the rental units, which go for $1,600 for a one-bedroom residence to $2,100 for a two-bedroom apartment, feature high-end designer finishes and features.

Priced from the mid-$400,000s, the properties include three floor plans from Artisan’s Estate Series of single-family homes.

SR Homes recently opened the Rosewood model home at Stonewood, its new Watkinsville single-family home community. Homes are priced from the $500,000s and are available with ranch and traditional two-story design options. Home sizes range from 2,832 to 4,067

The Stone Crest Estate new-construction neighborhood is located in Fairburn and offers one- and two-story homes.

Poplar Place in Dallas is a gated community and will offer 135 home sites priced from the $310,000s to the $400,000s.

November’s reading of 83 was up three points from October, driven by low existing inventories and strong buyer demand, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

RESICAP and Rockpoint Group plan to build on their existing single-family rental and build-to-rent partnerships that have thousands of rental homes in operation or under development throughout the Southeast.

Housing observers noted that demand for housing remains robust despite the lack of new supply.