News / Features
Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand.
Six Atlanta-area residents will receive scholarships to Barney Fletcher Schools’ pre-license real estate salesperson courses, and four Coldwell Agents will be sponsored to join local diversity groups thanks to awards from the company’s Diversity Equity and Inclusion Council.
@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.
“Work towards your purpose, and the wealth will come.” — Ashley Poole, Realtor, Coldwell Banker Realty – West Paces Ferry/Buckhead
Atlanta’s housing inventory fell 22.3% year over year in December to a record low of a one-month supply, Atlanta REALTORS® Association reported.
Rising prices and rates are driving up mortgage payments which are pushing up demand for rentals.
The seller purchased the community in 2018 for $38 million, according to Cobb County tax records.
The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc.
New homes and existing homes are appreciating at similar rates, according to a new report from CoreLogic.
Rent growth also slowed in December, posting the lowest monthly increase since February 2020.
The new infill development is slated for a 1.57- acre site on Atlanta’s Westside, which has seen a surge of interest since the opening of the WestSide Reservoir Park and plans for a large Microsoft corporate center.
The new hire tops a year of exponential growth for the eXp Realty brokerage, which added 30 agents over the preceding 12 months.
One of the two parcels comprising the 340-acre tract is zoned for up to 480 homes.
When completed, the refurbished property will add almost 50 micro and one-bedroom units with modern amenities to the Midtown market.
The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.
“December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing.” — NAR chief economist Lawrence Yun
