Traton Homes will launch its Florida operations in Bay and Walton counties this year and plans to focus on the Panhandle region.

The communities are the Flats at Mt. Zion, a 210-unit apartment community aimed at families with children who attend Mt. Zion elementary and primary schools, and the Villas at Mt. Zion, a 96-unit independent-living property for residents 55 years old and older.

The property is the 11th Atlanta-area asset owned or managed by the purchaser, Bell Partners Inc.

The Justice Department’s original complaint against the National Association of Realtors, filed Nov. 19, 2020, alleges that the association enforced rules and policies that illegally hampered competition in residential real estate services.

“The net result for housing is that these low and stable rates allow consumers more time to find the homes they are looking to purchase,” Freddie Mac Chief Economist Sam Khater said.

For the first time, iBuyers, also known as instant buyers, clinched 1% of the overall market share of homes purchased nationwide.

A decline in new home listings has had little impact on the market as far as demand is concerned, according to a recent Redfin report.

“Keep grinding, it will pay off.” — Nathan Minkwic, Real Estate Agent, RE/MAX Around Atlanta

Shirley Gary, of Engel & Völkers Buckhead Atlanta, increased her production in two years from 266.2 transaction sides and $70.1 million in volume to 621 sides and $121.2 million of volume in 2020.

The company purchased the properties for $116 million with the acquisition of Springdale Glen, Sierra Forest and Hawthorne at Sugarloaf in Clarkston, Mableton and Lawrenceville.

“The potential for spaces to transition, such as 41 Marietta going from office to multifamily, will be a trend we will see in the years to come, post-pandemic closures.” — Troy Reynolds, multifamily advisor for NAI G2 Commercial Real Estate. 

Both existing-home sales and housing inventory fell during August in Atlanta. But housing starts are up.

The real estate law firm Cook & James firm is adding five new attorneys to their team: Kim Miller, Patrick Watts, Robert Whitesides, Bonnie Timms and Sherri Steiner-Stewart.

Over the past year, outer suburbs, or exurbs, have experienced a particularly intense boom. It’s those distant areas which saw the sharpest increase in interested buyers, according to Realtor.com.

RedfinNow, an iBuyer operated by the discount brokerage RedFin, is launching in two new cities: Atlanta, GA and Nashville, TN.

Atlanta homebuyers should brace themselves amid expectations the residential real estate market could see double digit growth next year.