Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

The Cumming-based developer plans to use the proceeds to fuel its expansion into new markets. 

The acquisition brings the brokerage’s franchise count to 16. 

The Cottages at Southampton offers 250 townhomes. 

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

The purchase of the 188-unit Stewart’s Mill community marks Viking’s 10th Atlanta-area acquisition and 25th purchase overall. 

An undisclosed Atlanta-based homebuilder purchased almost 60 acres of the 184-acre master-planned community in Gwinnett County. 

The pace of sales, however, continued to slow on a yearly as well as a monthly basis. 

“Put fear aside, and get after it!” — Elena Miller, sales agent, Millennial Properties 

At the same time, days on market declined to 49 from 52.

The Gwinnett County developments encompass a combined 210 lots. 

Falling mortgage rates and more inventory could mean an improvement in housing affordability in the new year.

These are the top Atlanta real estate news stories of the year.

Trammell Crow Residential and PGIM Real Estate sold the community to Weinstein Properties for an undisclosed amount. 

The Newnan brokerage serves Coweta, Fayette, Douglas, Henry, Meriwether and Troup counties. 

The company’s newest development, Alta Northerly, brings 310 units to the Atlanta suburb. Meanwhile, vice presidents Kelly Keech and Lynne Churillo are taking on the role of senior vice president of operations.