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Real estate news in Atlanta

Two Forsyth County RE/MAX offices merge

  Two RE/MAX offices based in Cumming have announced that they have merged. RE/MAX Traditions will now operate as part of RE/MAX Regency’s luxury-branded office at Vickery Village, and will serve Cumming and Forsyth County, according to a press

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At midyear, Atlanta’s inventory gains fall short of need

  As 2019 breezes past, the June 2019 report from the Atlanta Realtors Association confirms that at midyear, the Atlanta real estate market is steadily shifting into a neutral territory between a market favoring buyers and one that favors

Atlanta ranks among top cities for first-time homebuyers

Personal finance website WalletHub has ranked the Atlanta metro area third on this year’s list of best large cities for first-time homebuyers.  The City of Atlanta ranks No. 25 overall and No. 3 among large cities out of 300

Brock Built Homes purchases 40 acres for West Highlands new phase

Last month, Brock Built Homes paid approximately $5 million for more than 40 acres on the west side of the city. Located near Proctor Creek, the sprawling CSX Corp. train terminal and the planned Westside Reservoir Park, the acquisition

Peachtree Corners may get 153 new townhomes

A new, 153-unit townhome project is coming to one of Atlanta’s oldest neighborhoods, Mechanicsville. The project is proposed for an assemblage of 20 acres along Jones Mill Road at Florida Avenue, according to the Atlanta Journal-Constitution. On July 16,

Taking a look at mayor Bottoms’ affordable housing plan

Just last week, Atlanta Mayor Keisha Lance Bottoms announced that she was putting one of her central campaign promises into action. The document is a citywide affordable housing plan that invests $1 billion in public and private funds to

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Where Atlanta’s world-class traffic congestion ranks nationally

Traffic: It’s everybody’s worst nightmare, especially for those who have a daily commute in or around the metro Atlanta area. A recent story in Business Insider ranked Atlanta as No. 6 on a list of the top 50 worst

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This week in Atlanta real estate: a rare condo stack, $100 million mixed-use project and more

Luxury condo tower near the Beltline features 10 full-floor residences Ten exclusive 3,400 square foot full-floor residences are planned to rise just steps from the Eastside BeltLine and Old Fourth Ward Park. Originally outlined as a 21-story luxury condo

Lennar considering 113 townhomes on former Fort Mac site

Florida-based homebuilder Lennar Corp. intends to buy 133 homesites on the grounds of Fort McPherson, a decommissioned Army base in southwest Atlanta. The builder signed a letter of intent to buy the sites from master developer Macauley Investments earlier in

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This week in Atlanta real estate: new walkable communities, soaring land prices and more

New walkable apartments near SunTrust Park An innovative, walkable, $60 million, 281-unit development will soon rise next to SunTrust Park. Atlanta Business Chronicle reported that Atlanta real estate company Pollack Shores purchased over three acres from an affiliate of

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Midtown condo market strong at high and low ends, weak in the middle

What do donuts and Midtown’s condo market have in common? A whole in the middle. That’s because the area’s seen increased demand in two main areas of the market—affordable and high-end luxury, with a gap in the price range

Dorsey Alston opening first intown office in Virginia Highland

  Dorsey Alston, Realtors will open its first intown office in Virginia Highland later this year, according to a press release reported by the company. On June 10, the brokerage closed a deal to buy a vintage home built

This week in Atlanta real estate: Midtown tower, Project Rocket and more

Plans revealed for a 26-story Midtown tower by Dallas developer On Tuesday, Street Lights Residential revealed a proposal of a design for a 26-story residential tower in Midtown, Atlanta Business Chronicle reported. The Dallas developer presented the 299-unit project

Atlanta’s new housing inventory gets a big boost

May brought more than a temperature boost to Atlanta. Atlanta Realtors announced Thursday the metro area’s housing inventory saw significant gains. New listings climbed to over 6,000, an increase of 17.2 percent year-over-year and a jump of 11.3 percent

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Guaranteed Rate opens new branch in Buckhead

Guaranteed Rate announced Thursday that it will be opening a new branch in Buckhead, naming Dean Mellon as branch manager. Mellon has over 20 years of experience in the mortgage industry. His longest stint as a loan officer was

Real estate’s contribution to Georgia’s economy

The housing market is a major driver of the U.S. economy, but its contribution is different on a state-by-state basis. According to a recent report from the National Association of Realtors, Georgia’s real estate industry contributed $95.2 billion to

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