The communities encompass 243 homesites and are located in Dallas, Winder and Homer. 

The median price of a new home sold during the month was up 5.9%, however, according to figures from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Located at 500 Pleasant Hill Road NW, the development experienced organic rental-rate growth of more than 18% over the last year. 

Nationally, the median sales price slid 2.9% from June but rose 8.1% from July 2021, while closed transactions were down 16.6% on a monthly basis and 26.3% on a yearly one, RE/MAX said in its National Housing Report.

A recent decline in mortgage rates could return some purchasing power to buyers going forward, National Association of REALTORS® chief economist Lawrence Yun said. 

Compass revealed big losses — to the tune of $100 million — in its second-quarter report. And as a result, the firm will no longer offer equity or cash incentives to new agents.

The community, Avenue 33 Apartments, was built in 1999 and is located at 3386 Mount Zion Road. 

Michelle Humes Group, Mark Spain Real Estate, the Justin Landis Group and Atlanta Communities Real Estate Brokerage made the annual revenue-based rankings. 

About 30 of the homes have already been sold, according to the developer, Ashton Woods. 

Off-market real estate app DropOffer is moving into six new markets, including Atlanta, Houston, Phoenix, Dallas, Charlotte and Tampa.

The pace of housing starts for both single-family and multifamily residences was down on a month over month basis, the U.S. Department of Housing and Urban Development reported. 

In Atlanta, 41.6% of offers faced competition last month.

The promotions come on the heels of the promotion of DeAnn Golden to president and CEO. 

The real estate company is also reportedly involved in the $2 billion High Street mixed-use project in Dunwoody. 

The NAHB/Wells Fargo Housing Market Index fell for the eighth straight month in August, as the key measure of builder confidence indicated a pessimistic outlook. 

The brokerage’s new “communities” will provide its agents with specialized training, technology, coaching and referral opportunities.