The deal represents a price of $223,000 per unit, or $157 per square foot.

The Atlanta real estate investment company made the hires as it embarks on the first phase of a southeastern expansion.

Rent rates nationwide have been decreasing since the onset of the pandemic, but new data shows that in some cities, this could be changing in the near future.

Inventory of existing and new single-family homes for sale is at its lowest since 1982, according to recent data from the National Association of Realtors.

The new basement-ready sites will be available this summer.

Atlanta’s supply of homes for sale in March was 7,426 units, representing a 55.8% drop from a year earlier.

The firm ranked No. 5 in the Atlanta Journal-Constitution’s Top Workplaces 2021 survey, and 16 of its agents were recognized with the Phoenix Award by the Atlanta Realtors Association. 

The development, to be known as Morrison Park, would be built on an undeveloped 25-acre parcel at the intersection of Haynes Bridge Road and Morrison Parkway.

Homes listed on a Tuesday, Wednesday or Thursday are selling for more than those listed on the weekend, but how much varies by metro area.

Barry Companies Inc. is asking Newnan to annex 42 acres it hopes to turn into a massive mixed-use development that would bring more than 1 million square feet of residential, office and retail space to an undeveloped area east of the city’s downtown.

The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.

The project is being developed by Royal Oak Developers and marketed by SET Real Estate Group, which is affiliated with Compass Georgia LLC.

At the same time, sales activity continues to be strong, with volume rising 33.5% year over year in March.

The new hire has most recently worked as both broker and principal at Capital City Development Group LLC, where he assembled, entitled and developed single-family and multifamily properties.

The project, dubbed Chamblee Park, calls for 417 condominiums, 28 single-family homes, 370 apartment units and 10,000 square feet of retail space.

Rising wages and falling mortgage rates are helping keep homeownership within reach of average wage earners nationwide despite surges in housing prices.