Local News

Real estate news in Atlanta

Atlanta REALTORS® names past president Realtor of the Year 

Karen Hatcher served as president of the organization in 2022. 

Three-home building proposed for tiny lot near Piedmont Park 

The five-story tower would replace an existing bungalow on the south side of 12th Street. 

Study: Real estate, rentals contribute most to Georgia GDP 

The sectors were followed by manufacturing and finance and industry according to a study by the business-credit firm Capital on Tap. 

Nina Lauren Salim

“Be you. Don’t compare. It will happen!” — Nina Lauren Salim, real estate and lifestyle expert, Nina and Associates Real Estate, brokered by eXp Realty

Work begins on 60-home build-to-rent project in Winder 

The developer has started civil construction and lot development and plans to start home construction in June, with final delivery in the fourth quarter. 

Loganville, Cumming and Sewanee named to Opendoor’s 20 hottest ZIP codes 

The exurbs were ranked 12th, 15th and 16th, respectively. 

Two-tower apartment project in Midtown receives $245 million financing package  

The high-end development will bring 487 apartments to a full city block on Juniper Street. 

Gainesville apartments sell for $9.1 million 

The Cielo at Lanier Apartments offer 66 units in a garden-style format. 

Georgia MLS: Home sales drop, but median price rises in December 

The median sales price of homes sold was $370,000, up 2.8% from December 2021 but down 1.1% from November, according to the latest Georgia MLS Housing Market Snapshot. 

Buyer concessions make a comeback in the fourth quarter

A record share of sellers are giving buyers concessions including money for repairs and mortgage-rate buydowns.

More than 20,000 apartments expected to open in Atlanta this year 

That’s almost double the number of deliveries of 2022, according to commercial real estate firm Berkadia. 

Johnathan Crego

“Call your sphere of influence every day.” — Jonathan Crego, Realtor, J.R. Crego Real Estate with Heartland Real Estate

Newmark launches single-family rental group  

The move comes despite a slowdown in the single-family rental market. 

Atlanta Housing Scorecard: Starts, inventory rise as sales fall

The latest Atlanta Housing Scorecard shows days on the market rose to 54 from 50.

How to make today’s sales models work smarter and win buyers in a challenging real estate market

Whether it’s for a downtown condo high-rise or a suburban single-family or town home community, a sales model needs to do much more than simply reflect popular design trends or showcase name-brand furniture and decor.

Survey results: The state of the Atlanta market

In our latest survey, local agents shared their thoughts on the state of the Atlanta real estate market as we enter 2023.

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