As rising mortgage rates cool the market, the share of U.S. homes worth at least $1 million has fallen from an all-time high last year.

The luxury apartment community is part of the new Publix-anchored Sam’s Crossing Village on North Arcadia Avenue. 

“Try everything, what works for someone else might not work for you.” — Tony Tran, Realtor, Atlanta Communities Real Estate Brokerage – Brookhaven

At the same time, new and active listings of homes declined, Georgia MLS reported, citing its 12-county Housing Market Snapshot.  

Days on market rose, while existing-home sales fell, according to the March edition of the Housing Scorecard.

The Atlanta-based builder said the 200-plus homes are aimed at “first-time and move-up buyers.” 

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

The office will be led by managing brokers Heather Foresman and Linda Baker.

Boise, Idaho, topped the rankings in a new report by MyEListing. 

The industry veteran, Geoffrey Reid, most recently worked at single-family rental developer American Homes 4 Rent. 

The Atlanta suburb tied for ninth place with the Seattle and Dallas suburbs of Tacoma, Washington, and Irving, Texas, respectively, with 14 coworking facilities. 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

The 114-townhome, build-to-rent community is situated on 10 acres near the intersection of Sugarloaf Parkway and Five Forks Trickum Road. 

Of the 23 area counties analyzed by asset manager and developer St. Bourke, 20 saw new-home construction decline. 

The funding was used to support St. Jude, the Pancreatic Cancer Action Network and Backpack Buddies of Metro Atlanta. 

The 192-unit garden-style community participates in the low-income housing tax credit program.