Local News

Real estate news in Atlanta

Newmark merges four Atlanta branches into one Buckhead office

The commercial real estate firm’s new office is on the 18th and 19th floors of Buckhead’s Pinnacle Building. 

Investors purchased one in three Atlanta homes in Q4, the highest in the country

In dollar terms, investors purchased $2.86 billion worth of Atlanta residences during the quarter, placing the city fourth on Redfin’s rankings. 

Atlanta housing inventory falls 15.2% in February

The median sales price of a home in the Atlanta metro area rose 1.3% from January to $380,000, Atlanta REALTORS® Association reported. 

Did your home earn more than you did last year?

Home value appreciation was greater than median annual earnings in most large U.S. metros in 2021, a new Zillow report found, and Atlanta was no exception.

Soraya Joud

“I don’t find that there are difficult aspects of my job. Real estate provides new and wonderful opportunities everyday to help people achieve their dreams of homeownership.” — Soraya Joud, CEO and team leader, Soraya Joud International Real Estate, Keller Williams Realty Atlanta Partners

11-story, 250-unit affordable-housing development coming to BeltLine’s Southside Trail

The Skyline Apartments community is part of a larger, multi-phase public-private partnership in the Peoplestown area that will ultimately bring 1.8 million square feet of development. 

Florida investor acquires new LaGrange community

The 280-unit garden-style multifamily development was acquired for an undisclosed amount by Coral Gables, Fla.-based Beacon Real Estate Group. 

Seven88 West Midtown developer brings in full-time sales staff, increases property tours

McKinley Homes is boosting its efforts to sell homes at the 22-story condo tower at 788 West Marietta St. 

320-unit garden apartment community changes hands in South Fulton

The acquisition represents the Los Angeles-based investor’s entry into the Atlanta market. 

Compass Atlanta opens Luxury Division

The division brings participating brokers access to custom marketing campaigns, property branding, specialized advertising and media outreach campaigns, and sophisticated marketing materials. 

Atlanta Housing breaks ground on $43.6 million affordable-housing community on the BeltLine

The 100%-affordable development will be known as Madison Reynoldstown and comprise two midrise buildings on a 1.2-acre parcel on the corner of Memorial Drive and Chester Avenue. 

Almost 6,000 homes sell for more than $100,000 over asking price this year

In Atlanta, 36 homes sold for at least $100,000 over asking price, up from four in 2021.

Yoana Vasileva

“Be consistent.” — Yoana Vasileva, Realtor, Coldwell Banker Realty

Atlanta First United Methodist releases plan for “God-sized” affordable-housing project

Plans for the downtown development call for 320 residences, 85% of which will be designated affordable, plus new space for the church’s Atlanta First Day School, a new fellowship hall and street-level retail. 

Atlanta firm acquires two affordable-housing communities

Infinity Real Estate Advisors LLC used two loans aggregating $60 million to make the acquisitions. 

Ansley Real Estate rebrands after Christie’s International tie-up

The firm will be known as Ansley Christie’s International Real Estate as part of its recent affiliation with Christie’s International Real Estate. 

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