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“If I had to choose only one word to describe September 2021’s housing price data, the word would be ‘deceleration. Housing prices continued to show remarkable strength in September, though the pace of price increases declined slightly.” — S&P DJI managing director Craig Lazzara.
Floorplans of the rental units, which go for $1,600 for a one-bedroom residence to $2,100 for a two-bedroom apartment, feature high-end designer finishes and features.
The grant will support the construction of Beltline segments between Pittsburgh Yards and Boulevard, which are estimated at approximately $40 million.
According to Engel & Völkers Atlanta, the residence at 40 West 12th sold for $2.8 million or more than $1,000 per square foot — $200,000 over the asking price.
“Motivated by fast-rising rents and the anticipated increase in mortgage rates, consumers that are on strong financial footing are signing contracts to purchase a home sooner rather than later.” — NAR chief economist Lawrence Yun
While the housing market may be hotter than usual, the shift toward seasonal norms is starting to show and could benefit both buyers and renters.
The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market.
Priced from the mid-$400,000s, the properties include three floor plans from Artisan’s Estate Series of single-family homes.
The seasonally adjusted estimate of new houses for sale at the end of September was 389,000, representing a supply of 6.3 months at the current sales rate, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.
The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.
SR Homes recently opened the Rosewood model home at Stonewood, its new Watkinsville single-family home community. Homes are priced from the $500,000s and are available with ranch and traditional two-story design options. Home sizes range from 2,832 to 4,067
The Marietta-based homebuilder is once again hoping to fill a bus with toys for children in Cobb County.
As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.
The Stone Crest Estate new-construction neighborhood is located in Fairburn and offers one- and two-story homes.
Atlanta’s housing inventory totaled 8,822 units in October, a year-over-year decrease of 28.3%, while new listings slid 2.2% from September and 9% from October 2020 to 7,851, Atlanta REALTORS Association reported.
