News / Features

1000 Spring to bring 370 luxury residences to Midtown

1000 Spring will include 370 residences and 11,000 square feet of retail. Other components of the larger plan include a 525,000-square-foot class-A office building and the historic H.M. Patterson & Son Spring Hill Chapel, which will become a new food-and-beverage-focused venue.

OBIE Awards presented at annual Atlanta home builder gala

The annual awards, presented by the Greater Atlanta Home Builders Association, cover all aspects of the building process, from master-planned communities to online banner or box ads.

Atlanta home prices post slight monthly decline in September

Year over year, sales were down 10.1%, while the median sales price was up 15.8%, Atlanta REALTORS Association reported.

NAR: Existing-home sales rebound in September

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

Atlanta makes U.S. News & World Report’s Best Places to Retire list

Atlanta wasn’t the only Georgia community on the 2021 list. Savannah also made the rankings.

Newmark Group promotes Atlanta exec to leader of Southeast market

In his expanded role, the executive will oversee Newmark’s strategic management of commercial real estate services throughout the Southeast, including Florida, North Carolina and Tennessee, as well as Atlanta, according to a press release.

Moremi Wolcott

“Learn as much as possible, preview one home every day for 100 days, and keep a journal!” — Moremi Wolcott, Realtor, Maximum One Realty – East Cobb

Closings at 40 West 12th tower begin, model home unveiled

The first model home is a three-bedroom, 2,352-square-foot residence with a den designed by Michael Morris of M. Crisler Designs.

Freddie Mac to offer $3B in affordable housing bonds

Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets, according to a press release. To underscore this effort, the company is offering approximately $285 million

New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

September saw fewer homes sold, another increase in prices

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

Redfin: Climate change will exacerbate U.S. housing shortage

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

RE/MAX: Atlanta housing market takes a pause in September

Days on market rose 10% from August, and months supply of inventory jumped 16.7%, according to RE/MAX’s National Housing Report for September. 

56-unit condo development proposed for Peachtree Corners

Two units in the building will not be sold but instead made available to guests of residents for short-term rental.

Zillow pauses its iBuyer service for the rest of 2021

Zillow announced it will not sign any new contracts to buy homes until the end of the year due to a “backlog in renovations and operational capacity constraints.”

MLS consortium scoops up digital MLS Remine

The acquiring group includes First Multiple Listing Service in Atlanta, MIAMI REALTORS®, ACTRIS MLS in Austin, Texas, and Heartland MLS in Kansas City.

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