Local News

Real estate news in Atlanta

Fortress Builders Hosting Grand Opening at West Cobb Communities

On May 6 of this year, new home builder in metro Atlanta, Fortress Builders is hosting a grand opening event at West Cobb communities’ Church Hill and Brookstone Manor. Attendees are invited to enjoy complimentary lunch at Brookstone Manor,

Residential Construction in Atlanta Posts Minor Declines

Residential construction has been making a tepid comeback in recent months; how did March play into that narrative? Let’s put it this way – March was both a rather disappointing month for residential construction in the Atlanta area, according

Atlanta Home Prices Post Double-Digit Hike in Case-Shiller

Home prices offered few surprises in the latest Case-Shiller report. Home prices in the Atlanta area rose 16.1 percent year-over-year in February, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Still, prices in the area continued to struggle

D.R. Horton to Announce Purchase of Crown Communities

D.R. Horton is close to announcing the completion of its plan to purchase Crown Communities, the Atlanta-Sandy Springs-Roswell metro area’s No. 1 builder in unit volume. The purchase of Crown would more than double Horton’s market share to just

Ashton Woods Homes Announces Newest Community in South Forsyth

Ashton Woods Homes has announced that its newest community in South Forsyth, The Grove at Spring Valley, will be opening soon. The community, conveniently located near the area’s biggest attractions, offers 69 single-family homes. “The Grove at Spring Valley

Atlanta’s Housing Market is Not Selling as Fast as You Think

We keep hearing about how time on market continues to fall, but what do the averages tell us about how fast our market really is? Earlier this week, we reported that nationwide, time on market has fallen seven days

New Design Center Manager Joins Windsong Properties

Windsong Properties, an Atlanta-based builder specializing in active adult homes, has hired Amy Ackerstein as its new design center manager. Ackerstein, a Syracuse University graduate, has 20 years of experience in the home building industry and has received several

Atlanta Ranks in the 25 Best Cities and Neighborhoods for Millennials

As recent college graduates set their sites on jobs across the country and former grads weigh the pros and cons of staying put versus moving to a new location for better pay and cheaper rent – these young professionals

Price Per Square Foot Rises in Atlanta

March was a very good month for price per square foot in our housing market, according to Movoto. Those signs of a housing recovery just became a bit brighter. According to the latest State of the Real Estate Market

Rent Takes a Much Bigger Bite Out of Atlantan’s Incomes

We’ve been hearing for some time that rents are increasing, but new numbers from Zillow present the issue in a new light. Rising rents, like falling home prices, have been one of the prevailing narratives of the post-bubble housing

ABR: Sales Price Continues Double-Digit Jumps in March

Atlanta’s median sales price continued its impressive rise, according to new ABR numbers. The median sales price for single-family home transactions in the 11-county Atlanta area rose 13.9 percent from February to March and 16.9 percent from March 2013,

Taxpayer Deductions Quite Level Across Atlanta Area

Deductions are a big part of homeownership; how common are they here in our local marketplace? If you know homeownership, you know the mortgage interest tax deduction, the great grandmaster of tax deductions in the U.S. Indeed, homeownership and

Housing Inventory in Atlanta Continues to Increase

It’s been a verifiable roller coaster ride the last couple years when it comes to housing inventory, but are we finally out of the woods? Housing inventory in the Atlanta housing market rose a very encouraging 14.5 percent year-over-year

Atlanta Nation’s Most Sprawling Urban Area

In the age of new urbanism, where does our metro area rank in terms of density and sprawl? “Density” and “sprawl” have become big buzzwords in housing the last couple of years, and for good reason. With gas prices,

All-Cash Sales in Atlanta Remain Quite Prevalent

The housing market has made considerable strides in the last 18 months, but all-cash sales are still in abundance. We’ll cut to the big stat – in Jan. 2014, the latest month for which data exists, 35.2 percent of

The Relative Rarity of Million-Dollar Listings in Atlanta

Sure, our area has some wonderful luxury housing markets, but in the grander scope of the market, how common are those million-dollar listings? We may hear about luxury real estate on a consistent basis, but luxury listings in the

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