Local News

Real estate news in Atlanta

RangeWater, ParkProperty launch construction of community in Capitol View

The 325-unit community is located at 1246 Allene Ave. SW and was previously home to the Exide Technologies battery plant.

Florida company picks up historic Roswell apartment community

The class-A multifamily development sits in the heart of Roswell’s entertainment district on Canton Street.

Harry Norman hires assistant sales manager for North Georgia

The new broker plans to highlight Harry Norman’s commitment to providing exceptional service, luxury offerings and first-class experiences for agents and clients, according to a press release.

GAMLS: Price of homes in Atlanta surges year over year as sales volume declines

The median sales price of homes sold in the Atlanta metro area surged by 22.5% on a year-over-year basis in July to $349,000, according to statistics from the Georgia MLS.

Miami landlord expands into Georgia with new metro-Atlanta community

Miami apartment developer, owner and operator AHS Residential is expanding outside of Florida with the development of AHS Tributary, a 433-unit mixed-use multifamily community in Atlanta’s Douglasville suburb. The project represents AHS Residential’s first asset outside Florida. The company

Ohio, San Francisco multifamily investors pick up Tucker community

Columbus, Ohio-based CREC Real Estate LLC and San Francisco-based McDowell Properties intend to make value-add improvements to the property, which was built in 1987 and consists of 28 two-story buildings.

Atlanta Housing Scorecard: Existing-home sales rise, housing inventory falls in July

Meanwhile, housing starts rose to 3,485 from 2,397 a year earlier, according to Atlanta Agent’s July Housing Scorecard.

RentPath names new CEO after Redfin takeover

The new executive joins RentPath from ParkMobile, which provides an app to help drivers pay for metered parking remotely.

How far are Atlanta homeowners willing to commute?

With the increased number of professionals working remotely, today’s homebuyers are putting less of a premium on commute time and more on affordability.

Atlanta metro rent growth among the highest in the nation

More jobs and other factors are driving population and rental prices through the roof.

JV picks up Doraville apartments for $53M

The community is being renovated and rebranded as Haven North East.

On heels of Smyrna acquisition, FCP picks up Westside apartments for $24.5M

The acquisition comes on the heels of FCP’s acquisition of the 380-unit Wyndcliff Apartments in Smyrna and sale of the 312-unit River Crossing at Roswell community.

Homebuying competition lessens in Atlanta. Could the market be losing steam?

The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago. 

Two more residential towers proposed for Midtown

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.

How long would it take a renter to save up for a down payment in today’s market?

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

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Atlanta apartment rents continue to climb

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

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