Local News

Real estate news in South Florida

Atlanta home prices expected to jump 18% in the next year
Atlanta home prices expected to jump 18% in the next year

Atlanta homebuyers should brace themselves amid expectations the residential real estate market could see double digit growth next year.

Empire Communities proposes 90-home master-planned community in Alpharetta
Empire Communities proposes 90-home master-planned community in Alpharetta

The builder expects the homes to range in size from 1,800 square feet to 2,200 square feet and be priced between $499,000 and $550,000 each.

Toll Brothers, Equity Residential team up for $1.9B multifamily JV
Toll Brothers, Equity Residential team up for $1.9B multifamily JV

The strategic partnership will initially target developments in six metro areas where both companies have a “significant or growing presence”: Atlanta; Austin, Texas; Boston; Denver, Orange County/San Diego, Calif.; and Seattle.

Engel & Völkers Atlanta North Fulton, Buckhead Atlanta hire VP of sales, associate managing broker
Engel & Völkers Atlanta North Fulton, Buckhead Atlanta hire VP of sales, associate managing broker

The new executive previously worked as vice president of sales at Rockhaven Homes.

Mira luxury apartment high-rise tops out in Midtown
Mira luxury apartment high-rise tops out in Midtown

The 355-unit building is a key element of the Midtown Union mixed-use development, which will also include a 26-story, 612,000-square-foot class A office tower, a 23-key Kimpton hotel and 32,000-square-feet of street-level retail.

Kristen Mehr
Kristen Mehr

“Be yourself. There is no one ‘right way’ to succeed.” — Kristen Mehr, Realtor, Truly Fine Homes, RE/MAX Around Atlanta, Sandy Springs 

Atlanta homes sold well over asking prices last quarter
Atlanta homes sold well over asking prices last quarter

In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.

Beverly Hills firm shells out $50.4 million for Lawrenceville multifamily property
Beverly Hills firm shells out $50.4 million for Lawrenceville multifamily property

Besides the Lawrenceville asset, the investor also recently purchased a 316-unit community in Melbourne, Fla., and a 45-unit development that is part of a mixed-use community in downtown Verrado in Phoenix.

Arizona developer acquires 808 acres for two massive Georgia communities
Arizona developer acquires 808 acres for two massive Georgia communities

The larger of two land parcels the company acquired spans 652 acres and is in Atlanta’s northwest suburb of Acworth. The future community, to be called Pinehills Trails, will offer 1,302 homes

Traton Homes sells out phase one of Marietta townhome community, kicks off phase two
Traton Homes sells out phase one of Marietta townhome community, kicks off phase two

The second phase of the community is slated for an early 2022 opening.

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