Local News
Real estate news in Atlanta
“Do not wait until the last minute to take your post-licensing course and exam.” — Deidre McDowell, Realtor, Millennial Properties Realty
Middleburg Communities conducted an extensive $6 million renovation of the property after purchasing it as part of a workforce-housing portfolio in May 2019.
Atlanta topped the list with 1,628 iBuyer home sales in the first quarter, accounting for 6% of home sales in the market over that period.
The condominiums and townhouses are in three new developments by Empire Communities.
The “commuter-friendly” homes were sold to undisclosed institutional buyers, according to the firm that brokered the deal.
The homebuilder’s former vice president first came to Avanta Residential in 2020 as a consultant.
The residential community is part of a larger development rising at the intersection of GA 400 and Settingdown Circle.
Together, the garden-apartment communities encompass 444 units.
Those promoted will be tasked with growing the company’s business in Atlanta as well as throughout Georgia and North Carolina.
The list recognizes the top 0.065% of more than 1.6 million licensed Realtors across the country based on 2021 data.
The new executive replaces Collier’s longtime market leader, Bob Mathews, who is transitioning to an advisory role as executive chairman.
It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.
The properties contain a combined 114 apartments.
One of the five communities acquired is in Covington, while the others are in Florida, North Carolina and Tennessee.
Work on the communities stalled when the Great Recession hit in the mid-2000s.
The median sales price of an Atlanta home was up 20.6% from a year earlier, at $409,400, Georgia MLS reported.
