News / Features

The state of luxury real estate in Atlanta

What is the state of Atlanta luxury real estate? Check out how our readers responded to the Luxury Survey, including recent changes in the market and what amenities buyers are looking for.

Optimist Lofts changes hands

Financial terms of the transaction were not disclosed, but the buyer used a $48 million bridge loan in support of the acquisition. 

Dan Ryan Builders to rebrand

Parent company DRB Group is consolidating its five homebuilding units into two brands, DRB Homes and DRB Elevate.

Atlanta Housing Scorecard: Existing-home sales, housing inventory fall

Days on market dropped to 41 from 51, while housing starts rose from 3,627 to 4,419.

Neel Midha

“Treat it as a job and schedule activities through the day.” — Neel Midha, associate broker, Harry Norman, Realtors

ECI Group opens first Corwyn South Point building to residents

The Corwyn is a new class-A multifamily brand being rolled out by the Atlanta developer, which broke ground on the Corwyn at Conyers in January. 

NewStar purchases Gainesville single-family community

The new build-to-rent neighborhood, University Commons, features two-story detached homes with three bedrooms and three baths in each residence. 

Mortgage applications fall as rates hit 13-year high

Overall mortgage-application volume was at its lowest level since 2018, the Mortgage Bankers Association said.

New-home sales fall again in March

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

Federal judge dismisses counterclaim against REX in ongoing legal dispute with NAR and Zillow

A federal judge dismissed the countersuit brought by the National Association of REALTORS® against Real Estate Exchange Inc.

Atlanta home sales jump 30% in March

New data indicates the Atlanta real estate market remains hot, despite worries about rising interest rates. 

Property taxes across the U.S. rose to $328 billion in 2021

Property taxes across the U.S rose last year, but the hike was much lower than in 2020, according to a new report.  ATTOM found in its 2021 property tax analysis of almost 87 million single-family homes, $328 billion in

Phase two of Pratt Stacks condominiums opens for sales

The popular Beltline community from The Providence Group will add another 72 condominiums to the Atlanta real estate market with units priced from $619,900 to $729,900. 

Norcross apartment community sold to multifamily investor

Financial details of the transaction were not disclosed, but the property was purchased for $24.8 million in 2017 and was appraised at $43 million for the 2022 tax year. 

RE/MAX Around Atlanta adds insurance franchise

The new We Insure franchise will provide insurance services to the brokerage’s clients via its four Atlanta-area locations. 

Rare ‘generational asset’ apartment portfolio sells for $325 million

Atlanta’s JAMCO Properties sold the collection of 12 communities, which were held for an average of 14 years, to an undisclosed buyer. 

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