Local News

Real estate news in Atlanta

David Weekley Homes honored as builder of the year by Greater Atlanta Home Builders Association

Also during a recent awards ceremony, Whit Marshall of Paran Homes was installed as president of GAHBA for 2022.

Christie’s severs ties with Harry Norman, brings in Ansley Atlanta after @properties deal

Christie’s International Real Estate cited its goal of working with independent firms and noted that Harry Norman is owned by HomeServices of America in explaining the moves. 

Atlanta Coldwell Banker Realty awards sponsorships, scholarships to current and future agents

Six Atlanta-area residents will receive scholarships to Barney Fletcher Schools’ pre-license real estate salesperson courses, and four Coldwell Agents will be sponsored to join local diversity groups thanks to awards from the company’s Diversity Equity and Inclusion Council.

Ashley Poole

“Work towards your purpose, and the wealth will come.” — Ashley Poole, Realtor, Coldwell Banker Realty – West Paces Ferry/Buckhead

Record low inventory drives housing prices in Atlanta higher, sales lower in December

Atlanta’s housing inventory fell 22.3% year over year in December to a record low of a one-month supply, Atlanta REALTORS® Association reported.

Atlanta rents, mortgages both on the rise and breaking records

Rising prices and rates are driving up mortgage payments which are pushing up demand for rentals.

Cumberland apartments sell for $54.6 million

The seller purchased the community in 2018 for $38 million, according to Cobb County tax records. 

Blackstone unit acquiring seven Atlanta apartment communities as part of $3.7 billion deal

The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc. 

Inventory falls 40% from pre-pandemic levels, as home values accelerate

Rent growth also slowed in December, posting the lowest monthly increase since February 2020.

22 townhomes slated for development in Almond Park

The new infill development is slated for a 1.57- acre site on Atlanta’s Westside, which has seen a surge of interest since the opening of the WestSide Reservoir Park and plans for a large Microsoft corporate center.

Collette McDonald & Associates brings local real estate vet on board

The new hire tops a year of exponential growth for the eXp Realty brokerage, which added 30 agents over the preceding 12 months.

Developer buys LaGrange land for $5.7 million with plans for massive mixed-use development

One of the two parcels comprising the 340-acre tract is zoned for up to 480 homes. 

Group to refurbish 90-year-old garden apartments in Midtown

When completed, the refurbished property will add almost 50 micro and one-bedroom units with modern amenities to the Midtown market.

Georgia No. 1 state to own a ‘tiny home’

The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.

Single-family rental landlord Quinn Residences picks up three Atlanta communities

The build-to-rent communities are located in Dallas, Decatur and Winder and will be delivered over the next year.

Home supply sees largest decline since pandemic’s start

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

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