Local News

Real estate news in Atlanta

Housing market starts to balance in September, giving buyers more choices, time

The month also saw a slight shift in inventory, even though shortages continued.

1000 Spring to bring 370 luxury residences to Midtown

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.

OBIE Awards presented at annual Atlanta home builder gala

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.

Atlanta home prices post slight monthly decline in September

Year over year, sales were down 10.1%, while the median sales price was up 15.8%, Atlanta REALTORS Association reported.

Atlanta makes U.S. News & World Report’s Best Places to Retire list

Atlanta wasn’t the only Georgia community on the 2021 list. Savannah also made the rankings.

Newmark Group promotes Atlanta exec to leader of Southeast market

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.

Moremi Wolcott

“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

Closings at 40 West 12th tower begin, model home unveiled

The first model home is a three-bedroom, 2,352-square-foot residence with a den designed by Michael Morris of M. Crisler Designs.

New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

September saw fewer homes sold, another increase in prices

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

RE/MAX: Atlanta housing market takes a pause in September

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. 

56-unit condo development proposed for Peachtree Corners

Two units in the building will not be sold but instead made available to guests of residents for short-term rental.

Single-family rental landlord Quinn Residences acquires three more Georgia communities

The neighborhoods are Mulberry at Rice Hope near Savannah, Lovejoy Villages in Lovejoy and the Hayward in Carrollton.

Foreclosure activity on the rise, yet still far below historic norms

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.

Compass points north in September with new Alpharetta office, North Georgia hire

The new 7,589-square-foot office is in Alpharetta, and the new agent hails from RE/MAX Town & Country in Blue Ridge.

Atlanta Realtor named president of AREAA

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.

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