Local News
Real estate news in Atlanta
The new chief executive, Emily Traxler, is a certified customer success expert for tech startups and will take the company’s reins from founders Bernadine W. Drake and Glenn Drake.
“Don’t let anyone tell you that you can’t do something.” — Gabi Lavelle, on-site agent, The Providence Group, Atlanta
The office, located at 150 Fowler St., is led by managing broker Jill Triola.
With half of all homes in today’s market selling above the asking price, the timing of when to list can have an impact on both time on market and sale price.
The complex sits on approximately 5.6 acres and consists of two five-story, elevator-served buildings with a 514-space parking deck between the buildings.
The Atlanta-area communities are in Alpharetta and Sugar Hill, while the Texas projects are in Frisco, Allen, McKinney, Forney, Princeton, Grand Prairie and Waxahachie.
Home-price growth remained in double digits for the 10th straight month in May, as inventory lows pushed the median listing prices up 15.2% from last year.
Despite the monthly increase, listings stayed near all-time lows, down 59.8% from 15,281 listings in May 2020.
“Calm down and soar. Enjoy the process.” — Linda Spencer, real estate adviser, Engel & Völkers Atlanta – North Fulton
Housing inventory, meanwhile, remained significantly below year-ago levels in May.
Of the 99 million residential properties in the U.S., approximately 1.4 million (or 1.4%) are vacant this quarter, with “zombie” home rates increasing both quarterly (21%) and annually (5.6%).
All open-concept designs will offer three bedrooms, two-and-a-half baths and two-car garages. They will range in size from 1,671 square feet to 2,090 and be priced from the mid-$300,000s.
The amenity-rich community offers one-, two- and three-bedroom apartments, and one-bedroom rents start at $1,147, while two-bedrooms start at $1,504.
Ava uses Roof AI-powered technology to detect customer intent and provide 24/7 support, with the objective of using Ava conversations to create real home-buying opportunities.
“Keep going. You’ll have so many emotions, but keep GOING!” — April Davis, Realtor, Keller Williams Cityside – Smyrna
Nationwide, the seasonally adjusted housing index rose 2% month over month in February and 13.2% year over year, up from a monthly increase of 1.2% in February.
