Housing starts and inventory posted year-over-year gains as existing-home sales fell in the latest Atlanta Housing Scorecard.

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

The $140 million development includes The Mabry by Storia, a 156 single-family home community, and The Margot, which will offer 332 apartments. 

The mixed-use tower will bring 460 apartments and 97,500 square feet of commercial space to Midtown when it opens in late 2024. 

The city’s housing authority chose a joint venture of developers to redevelop the long-vacant site of the former public housing project. 

The Oak Grove Vista project will be developed on 33 recently acquired acres on Jonesboro Road. 

“Keep educating yourself in your industry and find a mentor!” — Trelle Collins, Realtor, The Real Estate Gurus

The homebuilder’s volunteers participated in a Care Day arranged by local homelessness nonprofit HomeAid Atlanta. 

The median age of inventory in Atlanta is 49 days, down from 64 before the pandemic began.

Trion Properties said it purchased the Azure at Riverside community for $12 million less than the original purchase price. 

The new executive is The Management Group LLC’s former executive vice president and partner. 

The 149-unit Hardy Springs active-adult community acquisition brings Blaze Capital Partners’ Georgia holdings to six properties. 

The five-story, wrap-style complexes, Scott Crossing and Point on Scott, have been renamed Abberly Skye and Abberly Onyx by the new owner, which is making its first foray into the Atlanta market. 

The awards from the Greater Atlanta Home Builders Association cover all aspects of the building process, from master-planned community to best online ad. 

The city’s plans for the 41-story skyscraper, which it is buying from the state for $39 million, include the creation of “dedicated and deeply affordable housing.” 

In Atlanta, home prices posted a 20.1% year-over-year gain in August, compared to a 22.8% gain in July. Month over month, prices fell 0.4%.