News / Features
Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.
Besides Atlanta, the portfolio’s markets include Dallas; Phoenix; Nashville, Tenn.; Charlotte, N.C.; and Tampa, Fla.
Lot values for single-family homes are surging, according to an NAHB report. The current national median is $53,000: a record high.
The 325-unit community is located at 1246 Allene Ave. SW and was previously home to the Exide Technologies battery plant.
The class-A multifamily development sits in the heart of Roswell’s entertainment district on Canton Street.
The new broker plans to highlight Harry Norman’s commitment to providing exceptional service, luxury offerings and first-class experiences for agents and clients, according to a press release.
The median sales price of homes sold in the Atlanta metro area surged by 22.5% on a year-over-year basis in July to $349,000, according to statistics from the Georgia MLS.
This 74-foot “land yacht” in Au Gres, Michigan takes the meaning of “houseboat” to a whole new level.
For the first time since early March, no new records were set for median-home-sale prices last month, ending the five-month streak of record-breaking home prices.
Just 56.6% of homes sold during the quarter were affordable to families earning the U.S. median income of $79,900, according to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index.
Miami apartment developer, owner and operator AHS Residential is expanding outside of Florida with the development of AHS Tributary, a 433-unit mixed-use multifamily community in Atlanta’s Douglasville suburb. The project represents AHS Residential’s first asset outside Florida. The company
Columbus, Ohio-based CREC Real Estate LLC and San Francisco-based McDowell Properties intend to make value-add improvements to the property, which was built in 1987 and consists of 28 two-story buildings.
Meanwhile, housing starts rose to 3,485 from 2,397 a year earlier, according to Atlanta Agent’s July Housing Scorecard.
Looking forward, 37% of the survey’s respondents expect drones to be the most-impactful technology over the next 24 months, followed by cyber security (34%), 5G (31%) and virtual reality (30%).
International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.
Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index.
