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Shirley Gary was also ranked No. 5 nationwide for transactions closed and No. 131 nationwide for sales volume.
The Champlain Towers South collapse emergency is ongoing, and some experts say they expect condo sales, in what was a roaring condo market in Miami, to struggle from the impact. What can agents, sellers and buyers anticipate?
Publicly listed apartment landlord Equity Residential has returned to Atlanta with the $115 million acquisition of Skyhouse South, a 320-unit apartment tower in Midtown. Equity Residential, a real estate investment trust headquartered in Chicago, said Atlanta fits nicely with
Known as “The Bubble House,” this 11-dome residence is a real one-of-a-kind for just 1.5 million Australian dollars ($1.1 million).
Atlanta-based Quinn Residences has an existing portfolio of more than 1,000 homes in seven markets in North Carolina, South Carolina, Georgia and Florida.
Rents in Atlanta jumped 13.2% year over year in May.
The department determined that the settlement would not do enough to protect its ability to investigate other conduct by the association affecting competition in the real estate market.
Sales volume rose 10.8% month over month to $3.46 billion, while the number of units sold rose 8.2% over the same period, to 8,230.
Millennials were once referred to as the “renter generation” because of their preference for apartment living in urban areas over purchasing a home in the suburbs like their Baby Boomer parents.
The sale represents the New York-based firm’s almost complete exit of the single-family rental homes it purchased in the wake of the financial crisis.
Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Atlanta was no exception.
Strong growth of single-family construction spending drove the increase, while spending on multifamily construction was flat, the National Association of Home Builders said.
The acquisition of the Smyrna development comes on the heels of the investor’s recent sale of the 312-unit River Crossing at Roswell community.
The median age of construction workers is 41, the same as a typical worker in the national labor force, according to the National Association of Home Builders’ analysis of the most recent 2019 American Community Survey data.
“May’s strong increase in transactions — following April’s decline, as well as a sudden erosion in home affordability — was indeed a surprise. The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings.” — NAR chief economist Lawrence Yun
In Atlanta, the index rose 1.7% month over month and 12.3% year over year. The monthly increase was slightly down from the 1.8% rise recorded in March.
