StorageCafe conducted a study on construction in the 50 largest metros — and among them, Atlanta-Sandy Springs-Alpharetta ranks fifth for growth.

“Given the situation in the market — mortgages, home costs and inventory — it would not be surprising to see a retreat in housing demand.” — NAR chief economist Lawrence Yun 

The New York-based purchaser told a publication last year that his firm was moving its investment focus from its home market to the Sunbelt due to new regulations that made it “impossible to make money.” 

“Builders are entering 2022 with backlogs that they are having a hard time completing due to material and labor shortages, and new-home prices are sitting near a historic high.” — First American Deputy Chief Economist Odeta Kushi

The decline was on a month-over-month basis, while year over year, prices were still up by double digits. 

@properties Christie’s International Real Estate has released the findings of a new survey focused on brokerage technology.

While rising interest rates may lead to more reductions in the housing supply, it may also bring some much-needed balance to the market.

Mortgage applications fell more than 13% in the most-recent week tracked by the Mortgage Bankers Association’s Market Composite Index, while interest rates continued to rise. 

“Treat everyone like family.” — Tori McGee, building biology advocate and holistic real estate expert, Chapman Hall REALTORS®

Would-be homebuyers who have been struggling to purchase a home in Atlanta’s hyper-competitive market are not likely to find much relief any time soon, according to a roundtable discussion of housing experts.

The community, which will be operated by Atlanta owner-operator Zevulon Capital, features a mix of two- and three-bedroom units, as well as a pool, clubhouse and playground.

In Saguache, Colorado, a monument to the Old West is for sale. Dubbed Old Cow Town, the property is a frontier replica, complete with a luxury lodge.

“Production disruptions are so severe that many builders are waiting months to receive cabinets, garage doors, countertops and appliances.” — NAHB Chairman Jerry Konter 

Located at 501 North River Parkway, the Carlyle of Sandy Springs is “primed for an interior value-add program,” said Cushman & Wakefield, which helped broker the sale.

The sales pace of existing homes surged 6.7% in January after falling in December, as buyers got off the fence and went shopping ahead of rising interest rates, the National Association of Realtors reported.

Single-family housing starts fell 5.6% from December’s revised estimate to 1,116,000, while multifamily starts slid 2.1% to 510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.