Local News

Real estate news in Atlanta

Joint venture acquires 284-apartment community in Cumberland/Galleria

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.

Green Brick Partners acquires 6,000 homesites in Atlanta, Dallas-Fort Worth

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.

Atlanta home prices reach new highs in May

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.

GAMLS: Atlanta-area housing inventory rises 3% in May

Despite the monthly increase, listings stayed near all-time lows, down 59.8% from 15,281 listings in May 2020. 

Linda Spencer

“Calm down and soar. Enjoy the process.” — Linda Spencer, real estate adviser, Engel & Völkers Atlanta – North Fulton

Atlanta Housing Scorecard: Housing starts, existing-home sales surge in May

Housing inventory, meanwhile, remained significantly below year-ago levels in May.

Zombie foreclosures up 21% across the country

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%).  

Pulte Homes to open 49-townhome community in Marietta

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.

NY firm scoops up 316-unit Gwinnett County apartment complex

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.

Harry Norman launches virtual assistant, “Ava,” on website

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.

April Davis

“Keep going. You’ll have so many emotions, but keep GOING!” — April Davis, Realtor, Keller Williams Cityside – Smyrna

S&P CoreLogic Case-Shiller: Atlanta home-price gains accelerate yet again

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. 

real-estate-agents-value-buyers-sellers-negotiation-contracts-showings-open-houses
9 ways to win a bidding war

From pizza to pre-approvals, here are some of the tools Atlanta-area real estate agents are using to help their clients land their dream homes. 

LOCAL Realty acquires Red Barn Alpharetta, opens second office

Red Barn Alpharetta founding partner and broker/owner Bekki Shae Smith will join the LOCAL Realty team and oversee the new Alpharetta location as the new broker/partner at LOCAL Realty North Atlanta.

Nivia De Oliveira

“Real estate is pure adrenaline. Be strong and courageous.” — Nivia De Oliveira, agent, Virtual Properties Realty

Home equity grows nationwide in first quarter

Residential property equity continued to grow in the first quarter of 2021, with one in three homes considered equity rich.

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