Local News
Real estate news in Atlanta
Atlanta Land Trust is building 36 two- and three-bedroom townhomes, of which 29 will be affordable in perpetuity.
By unit, home sales fell 14.3% month over month and 40.2% year over year to 4,187 properties in November, while the median sales price of homes sold was $370,000, down 2.6% from October but up 4.2% from November 2021, Georgia MLS reported.
According to our 2023 Predictions Survey, 59% of Atlanta real estate professionals expect their 2023 numbers to top their 2022 numbers, despite rising interest rates.
New-home construction and housing inventory rose while existing-home sales fell in the latest Atlanta Housing Scorecard.
The new chief investment officer was promoted from within the Atlanta-based multifamily developer, while the new regional partner was hired from The NRP Group.
Volunteers from the homelessness organization saved the Calvary Refuge Center in Forest Park more than $60,000 in maintenance and repairs.
The homebuilder closed ahead of schedule on a three-year phased purchase agreement with land developer Walton Global due to high demand.
The Charleston, S.C.-multifamily investor plans to upgrade 119 of the 1989-era community’s 192 units.
The new team members already work in the company’s land-advisory group.
The county stood head and shoulders above its neighbors in terms of Atlanta-area housing starts, closings and lot deliveries, with Cherokee County coming in a distant second in all three metrics.
Annabelle on Main is a 180-unit, 55-plus multifamily complex.
A joint-venture partnership is developing the 239-unit build-to-rent Avondale East community in Stone Mountain.
The independent brokerage provided the funding to a variety of local causes, including ones supporting Alzheimer’s research and providing assistance to families dealing with various hurdles.
Atlanta came in at No. 50 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.
The development will be called Sugarloaf Landing and feature 114 build-to-rent townhomes.
The buildings are the first ground-up components of the $5 billion sports-and-entertainment district taking shape over the Gulch.
