Developer Mill Creek is seeking to develop a 30-story tower on 10th Street NE, while Property Markets Group is proposing a 33-story building on Peachtree Street.

It could take Atlanta-area renters more than seven years to save for a down payment in today’s market.

Atlanta’s annual rent growth lags the statewide average of 14.8% but is ahead of the national average of 8.4%.

Shirley Gary was also ranked No. 5 nationwide for transactions closed and No. 131 nationwide for sales volume.

Publicly listed apartment landlord Equity Residential has returned to Atlanta with the $115 million acquisition of Skyhouse South, a 320-unit apartment tower in Midtown. Equity Residential, a real estate investment trust headquartered in Chicago, said Atlanta fits nicely with

Atlanta-based Quinn Residences has an existing portfolio of more than 1,000 homes in seven markets in North Carolina, South Carolina, Georgia and Florida.

Rents in Atlanta jumped 13.2% year over year in May.

Sales volume rose 10.8% month over month to $3.46 billion, while the number of units sold rose 8.2% over the same period, to 8,230.

The sale represents the New York-based firm’s almost complete exit of the single-family rental homes it purchased in the wake of the financial crisis.

Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Atlanta was no exception. 

The acquisition of the Smyrna development comes on the heels of the investor’s recent sale of the 312-unit River Crossing at Roswell community.

The median age of construction workers is 41, the same as a typical worker in the national labor force, according to the National Association of Home Builders’ analysis of the most recent 2019 American Community Survey data.

In Atlanta, the index rose 1.7% month over month and 12.3% year over year. The monthly increase was slightly down from the 1.8% rise recorded in March.

Suburban Jungle provides pre-search consultation services to homebuyers to help them find the ideal neighborhood or suburb for their needs and match them with a vetted real estate agent.

The real estate investment and land asset-management company has identified 17 near-term development opportunities and is in advanced negotiations to develop build-to-rent communities with about 2,500 units across the country.

As social activities return to pre-pandemic levels over the summer and beyond, the Atlanta real estate law firm will team up with the Georgia Association of Realtors, the 400 North Association of Realtors, the Cobb Association of Realtors and others in various events.