News / Features

New listings rose in July as more affordable options hit the market

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

Houston-based REIT spends $560 million on single-family rental portfolio

Besides Atlanta, the portfolio’s markets include Dallas; Phoenix; Nashville, Tenn.; Charlotte, N.C.; and Tampa, Fla.

Lot values are priced at a record high… Will it continue?

Lot values for single-family homes are surging, according to an NAHB report. The current national median is $53,000: a record high.

RangeWater, ParkProperty launch construction of community in Capitol View

The 325-unit community is located at 1246 Allene Ave. SW and was previously home to the Exide Technologies battery plant.

Florida company picks up historic Roswell apartment community

The class-A multifamily development sits in the heart of Roswell’s entertainment district on Canton Street.

Harry Norman hires assistant sales manager for North Georgia

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.

GAMLS: Price of homes in Atlanta surges year over year as sales volume declines

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.

Come sail away… on this land-locked Michigan houseboat

This 74-foot “land yacht” in Au Gres, Michigan takes the meaning of “houseboat” to a whole new level.

No new median-home price records set in July

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.

Housing affordability hits 10-year low

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 landlord expands into Georgia with new metro-Atlanta community

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

Ohio, San Francisco multifamily investors pick up Tucker community

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.

Atlanta Housing Scorecard: Existing-home sales rise, housing inventory falls in July

Meanwhile, housing starts rose to 3,485 from 2,397 a year earlier, according to Atlanta Agent’s July Housing Scorecard.

Realtor survey shows importance of tech in pandemic

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%).

Share of international homebuyers fell last year

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.

Housing affordability falls for a third straight month

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index.

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