News / Features

Work begins on $101 million multifamily replacement for former Roswell SuperTarget

The work comes as Roswell officials have cracked down on the construction of new standalone multifamily buildings in an effort to slow population growth and encourage mixed-use development. 

Deidra McDowell

“Do not wait until the last minute to take your post-licensing course and exam.” — Deidre McDowell, Realtor, Millennial Properties Realty

Once “desolate” Atlanta apartment community sells for $42 million

Middleburg Communities conducted an extensive $6 million renovation of the property after purchasing it as part of a workforce-housing portfolio in May 2019. 

Median existing-home price tops $400,000 for first time in May

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Atlanta No. 1 nationally for iBuyer-service home sales

Atlanta topped the list with 1,628 iBuyer home sales in the first quarter, accounting for 6% of home sales in the market over that period.

Atlanta median sales price hits $400,000 for first time in RE/MAX survey

Home prices rose 3.9% month over month and 23.1% year over year to hit that milestone, RE/MAX said.

Sales set to open on 700 new intown homes

The condominiums and townhouses are in three new developments by Empire Communities. 

Housing starts plunge in May amid uncertain economic conditions

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

200-home single-family-rental portfolio sells for $45 million

The “commuter-friendly” homes were sold to undisclosed institutional buyers, according to the firm that brokered the deal. 

Former Brock Built exec joins single-family-rental developer Avanta Residential

The homebuilder’s former vice president first came to Avanta Residential in 2020 as a consultant. 

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Work begins on 310-unit community in Cumming

The residential community is part of a larger development rising at the intersection of GA 400 and Settingdown Circle. 

Virginia company picks up Fulton County, Tucker apartment communities

Together, the garden-apartment communities encompass 444 units. 

Compass of Greater Atlanta makes leadership promotions as firm pursues expansion

Those promoted will be tasked with growing the company’s business in Atlanta as well as throughout Georgia and North Carolina. 

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

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