Local News
Real estate news in Atlanta
The month also saw a slight shift in inventory, even though shortages continued.
1000 Spring will include 370 residences and 11,000 square feet of retail. Other components of the larger plan include a 525,000-square-foot class-A office building and the historic H.M. Patterson & Son Spring Hill Chapel, which will become a new food-and-beverage-focused venue.
The annual awards, presented by the Greater Atlanta Home Builders Association, cover all aspects of the building process, from master-planned communities to online banner or box ads.
Year over year, sales were down 10.1%, while the median sales price was up 15.8%, Atlanta REALTORS Association reported.
Atlanta wasn’t the only Georgia community on the 2021 list. Savannah also made the rankings.
In his expanded role, the executive will oversee Newmark’s strategic management of commercial real estate services throughout the Southeast, including Florida, North Carolina and Tennessee, as well as Atlanta, according to a press release.
“Learn as much as possible, preview one home every day for 100 days, and keep a journal!” — Moremi Wolcott, Realtor, Maximum One Realty – East Cobb
The first model home is a three-bedroom, 2,352-square-foot residence with a den designed by Michael Morris of M. Crisler Designs.
The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.
Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.
Days on market rose 10% from August, and months supply of inventory jumped 16.7%, according to RE/MAX’s National Housing Report for September.
Two units in the building will not be sold but instead made available to guests of residents for short-term rental.
The neighborhoods are Mulberry at Rice Hope near Savannah, Lovejoy Villages in Lovejoy and the Hayward in Carrollton.
It’s been barely three months since the federal moratorium on foreclosures expired, but it’s starting to prove costly, as nationally, foreclosures are on the rise, having increased 67% from last year.
The new 7,589-square-foot office is in Alpharetta, and the new agent hails from RE/MAX Town & Country in Blue Ridge.
At 37 years old, the new president will be the second-youngest leader of the national nonprofit trade organization, which works to improve the homeownership rate in the Asian-American Pacific Islander community.
