Real estate news in Chicagoland
The development, to be known as Morrison Park, would be built on an undeveloped 25-acre parcel at the intersection of Haynes Bridge Road and Morrison Parkway.
Homes listed on a Tuesday, Wednesday or Thursday are selling for more than those listed on the weekend, but how much varies by metro area.
Barry Companies Inc. is asking Newnan to annex 42 acres it hopes to turn into a massive mixed-use development that would bring more than 1 million square feet of residential, office and retail space to an undeveloped area east of the city’s downtown.
The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.
The project is being developed by Royal Oak Developers and marketed by SET Real Estate Group, which is affiliated with Compass Georgia LLC.
At the same time, sales activity continues to be strong, with volume rising 33.5% year over year in March.
The new hire has most recently worked as both broker and principal at Capital City Development Group LLC, where he assembled, entitled and developed single-family and multifamily properties.
The project, dubbed Chamblee Park, calls for 417 condominiums, 28 single-family homes, 370 apartment units and 10,000 square feet of retail space.
Rising wages and falling mortgage rates are helping keep homeownership within reach of average wage earners nationwide despite surges in housing prices.
Cottage provides a one-stop shop for setting up or transferring gas, water and electricity services to people recently moved in to new residences.