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Real estate news in Atlanta

Sales down, prices up in February

The Atlanta Realtors Association released its February Market Brief, which showed that 3,464 homes were sold last month, a whopping 16.9 percent increase over January 2019’s figure, which was 2,963. Median sales prices rose 3.5 percent from $264,000 in

Controversial transit vote could derail or spur Gwinnett growth

By all accounts, the March 19 vote on expanding public transportation, including a rail line, into Gwinnett County should be close. And the impact on one of the country’s fastest growing counties will be immense — no matter which

It’s cheaper to buy than rent in Atlanta

If your renter clients are under the impression that it’s too expensive to buy a place in metro Atlanta, LendingTree has some data that may make them rethink that. In fact, based on cost alone, it may not make

Using data to predict the future of business

The tech landscape is experiencing another transition as big data and predictive analytics take on a more significant role in how real estate professionals approach the housing market in their area.

What ‘The Stitch’ needs, according to land use experts

While a bit short on details, the Urban Land Institute (ULI) and several nationally renowned land use experts and urban planners laid out all the reasons for implementing the potential $400 million development known as “The Stitch” at a

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Atlanta housing starts dip, but not for lack of demand

It’s been almost a decade since the Atlanta region experienced a year-over-year decline in quarterly construction starts but that’s exactly what happened last year, according to research released this week by Metrostudy, a provider of primary and secondary marketing

This week in Atlanta real estate: A new Avalon, offices converting to housing and more

News broke this week on a fair number of new developments coming down the pike, hires and promotions in real estate, movement on a housing aesthetics bill at the statehouse and more.

Georgia ranks 9th in assistance for first-time homebuyers

If you work with first-time homebuyers, now might be a good time to brush up on the special programs available to help them afford a home. Georgia has 66 programs from 28 agencies that can assist first-time homeowners with

Atlanta more than doubles the national average in 4th quarter price gains

Prices are up nationally, but it’s tough to hold a candle to the rapid increases in Atlanta. The increase in the median price of a single-family home in metro Atlanta during the fourth quarter of 2018 (as compared to

Real estate industry suits up for ‘weird’ legislative session

The Georgia General Assembly started its 40-day session and already it is “weird,” according to Jeffrey Ledford, senior director of governmental affairs for the Georgia Association of Realtors. “It’s been slow to start … A handful of little things

This week in Atlanta real estate: New downtown Norcross communities, Midtown apartment dilemmas and more

Miller Lowry Developments entered into a strategic partnership with Waterford Homes to develop two subdivisions near historic downtown Norcross. The partnership allows Miller Lowry to focus on larger developments by shifting from a general contractor role to that of

Mercedes-Benz Stadium roof in October 2018
Atlantans score big with Super Bowl Airbnb rentals

As one of the country’s leading convention cities, Atlanta usually has enough hotel rooms at various price points to handle whatever group comes our way. And then there’s the Super Bowl. More than one million folks are headed here

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This week in Atlanta real estate: More Gwinnett County development, Zillow Offers hub and more

  Several developers in Gwinnett County have applied to the county’s department of planning and development to build new multifamily projects.  Hathaway Development proposed building 305 apartment units that will include 148 one-bedroom units, 127 two-bedroom and 30 three-bedroom apartments on 23.9 acres

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This Week in Atlanta Real Estate: New construction, affordable home approval and more

Financing for several affordable housing projects was approved by Mayor Keisha Bottoms and the Invest Board of Directors that will bring rental units to one of the city’s commercial corridors as well as for-sale properties in the Vine City

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Median home sales price increasing at more than twice the national rate

The effects of low inventory caused housing prices to go up over the last year in the Atlanta market while at the same time, there were fewer home sales, according to December housing figures released by RE/MAX Georgia. In

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Prices, inventory continue to rise in Atlanta

Housing sales were down across metro Atlanta in December 2018 over the same period in 2017, according to information compiled by the First Multiple Listing Service. Last month tallied 3,656 residential sales, a decrease of 21.3 percent from December

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