Local News

Real estate news in Atlanta

New multifamily community in Jefferson changes hands

The 300-unit development, Prose Concord, was acquired with a $45 million loan. 

Former Terwilliger Pappas executives launch apartment firm Imperium Development

Greg Power and Mike Handza served as executive vice president and vice president at Terwilliger Pappas, respectively. 

RE/MAX Around Atlanta adds dual-licensed North Carolina agent Marion Hooker

The new agent joins RE/MAX Around Atlanta’s West Cobb office from Fayetteville, N.C. 

Sales begin at Douglasville community with townhomes priced from $290,000

The Ashton Woods development, Laurelwood, has 185 lots. 

Connor Vinelli

“Continue to meet new people.” — Connor Vinelli, Realtor, Virtual Properties Realty

Parkland Communities opens new Alpharetta headquarters

The developer moved into the former Rudasill Grocery store on South Main Street. 

Sizing up from a condo to a house in Atlanta

Based on Atlanta’s median income, it would take just over a year-and-half’s salary to afford a condo-to-house move.

Ohio-based homebuilder Epcon continues Atlanta expansion with two hires

The new managers join the 55-plus builder’s expanding operations in the Atlanta market. 

Atlanta Housing Scorecard: Starts slide while inventory rises

Sales of existing homes declined while the number of days they spent on the market rose, according to the April edition of the Housing Scorecard.

352-unit community opens on site of Northwood Country Club in Lawrenceville

Celadon on Club has numerous features designed to reflect the history of the Northwood Country Club, which closed in 2019. 

$100 million loan jump-starts work on Stella at Star Metals residential tower

The tower, which will have 327 class AA+ apartments, is the third phase of Star Metals District, the $1.5 billion mixed-use, urban-renewal project on Atlanta’s Westside.

Pace of annual home-price gains slows again in latest Case-Shiller; Atlanta sees 8.4% increase

In Atlanta , home prices rose 8.4% year over year and slid 0.3% month over month.

Parkland Communities hires Sherry Lancaster as head of land operations

In her new role, Lancaster will coordinate all land operations for the developer. 

Atlanta home sales drop 27.7% as prices continue to rise

Total housing inventory rose 39.9% from February 2022 to 9,230 units, while new listings totaled 5,416, Atlanta REALTORS® Association said. 

46 homebuyer-assistance programs available in Atlanta

Assistance amounts range from $2,000 to $25,000, and packages are available for homebuyers earning up to $152,000 per year.

Atlanta firms among top 100 in RealTrends 500 rankings

Keller Williams Realty Pinnacle Partners Group of Duluth was once again the highest-ranking local brokerage by transaction volume and sides. 

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