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. 

The building, proposed by LV Collective, would house 480 units on the top 27 stories. 

The move comes less than six months after the builder, McKinley Homes, brought in a full-time sales staff and boosted property tours. 

The seller, Hudson Capital Properties, acquired the property for $68.2 million in 2016. 

Homebuyers may catch a break this month as rates have come down nearly a point from the recent high on fears of a recession.

Sellers using Zillow may request and view an offer directly from Opendoor and compare it to an open-market sale with a real estate agent. 

The fund will provide up to $2,500 per quarter to members who experience an unexpected financial crisis. 

The acquisition of Avalon Real Estate Partners brings a new specialty product type to Walker & Dunlop’s investment-sales division, the company said. 

The national rental vacancy rate dropped to 5.6% in the second quarter of the year while the homeowner vacancy rate remained at 0.8%.

Jair Lynch Real Estate Partners said the purchase will be the first of many it will make in Atlanta and the Southeast. 

The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.