Local News

Real estate news in Atlanta

LGI Homes opens new community priced from low-$300,000s

The Stone Crest Estate new-construction neighborhood is located in Fairburn and offers one- and two-story homes.

Atlanta home sales slide in October as prices rise

Atlanta’s housing inventory totaled 8,822 units in October, a year-over-year decrease of 28.3%, while new listings slid 2.2% from September and 9% from October 2020 to 7,851, Atlanta REALTORS Association reported.

Lawrenceville apartment community sells for $45.8 million

The 243-unit multifamily community is located at 3345 Fairway Oaks Drive in Lawrenceville and is adjacent to the former Northwood Country Club golf course.

Second-home demand up 70% from pre-pandemic levels

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

Florida investor picks up 354-unit Peachtree Corners apartment community

The class-B complex was built in 1985 and features one-, two- and three-bedroom units. On-site amenities include a pool overlooking a private lake, fitness center, lakeside clubhouse, dog park and playground,

NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

RE/MAX: Signs of Atlanta’s tight housing market persist in October

Among the 51 metro areas surveyed in October, closed transactions were down 6.4% from September, nearly twice the average pre-pandemic decline of 3.3% between 2015 and 2019, RE/MAX said, citing its National Housing Report.

Stockbridge-based Ivy League Realty joins ERA Real Estate

Ivy League Realty was founded in 2019 by Ivy Sears and has a second office in LaGrange.

Kentucky homebuilder kicks off 135-home active-adult community in Paulding County

Poplar Place in Dallas is a gated community and will offer 135 home sites priced from the $310,000s to the $400,000s.

Millionaire German shepherd to sell Miami mansion formerly owned by Madonna

The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German shepherd named Gunther VI recently listed the former Miami estate of Madonna for $31.75 million, according to a press release.

Atlanta’s RESICAP, private equity group expand single-family rental JVs by $4.5 billion

RESICAP and Rockpoint Group plan to build on their existing single-family rental and build-to-rent partnerships that have thousands of rental homes in operation or under development throughout the Southeast.

Massive mixed-use development proposed for 52-acre Alpharetta office campus

The development, Continuum Alpharetta, would add 82 for-sale condominiums, 488 apartments, a 218-room boutique hotel, 77,600 square feet of commercial and retail space and 1,028,500 square feet of office space.

Atlanta real estate investor picks up two local apartment complexes for $74 million

The properties are Grace Chamblee, a 306-unit community in Doraville, which was purchased for $47.7 million, and Retreat at Stone Mountain, a 212-unit complex, which was purchased with Admiral Capital Group affiliate AB Finance for $26.4 million.

Atlanta investor group buys 294-unit suburban apartment community for $31.1 million

The Park at Netherley was built in 1988, and since 2019, more than $1 million in capital improvements have been completed to increase curb appeal, upgrade interiors, improve exteriors and boost common-area amenities, the investment firm said.

GAMLS: Home sales drop 8.2% year over year in October

At the same time, the median sales price of properties sold rose 20.1% to $340,000, Georgia MLS reported.

Virginia investor picks up newly built Acworth apartment community

The class-A property, the Quincy, was acquired by Capital Square 1031, which sponsors Delaware statutory trust offerings for Section 1031 exchange and accredited investors, for an undisclosed amount.

New Subscribe

  • This field is for validation purposes and should be left unchanged.