News / Features

Atlanta BeltLine buys 31 acres on the Westside from Brock Built Homes

The property is in the Bankhead/Historic Westin Heights neighborhood and is along a planned segment of the Atlanta BeltLine Westside Trail.

April housing market sets records for sales and speed

The housing market hit records last month as home prices reached an all-time high and homes sold faster than ever. 

Major mixed-use development slated for Oaks Golf Course in Newton County

The 19-hole Oaks Golf Course will be replaced with 142 single-family houses, 190 townhomes, 360 apartments and 143,000 square feet of retail space.

Employment growth misses estimates in April with 266k new jobs

The employment numbers for March were revised down as well. The most recent data indicate a 770,000 increase in jobs for the month, compared to the previously reported increase of 916,000.

Lumber prices triple, raising home prices by $36,000

Lumber prices have tripled over the past 12 months, driving up the price of the average new single-family home by $35,872. NAHB hopes to alleviate the situation by meeting with the White House, lawmakers and others.

Atlanta remains a top moving destination in U.S.

Atlanta has been ranked as the fifth moving destination by Penske Truck Rental in its 11th annual Top Moving Destinations list.

Life under the dome

No, this mind-blowing house is not an optical illusion — it’s a geodesic dome home that would make Buckminster Fuller proud.

Berkshire Hathaway HomeServices donates to Newnan-Coweta tornado relief fund

A tornado that was more than one mile wide with wind speeds that reached 170 mph tore through the Newnan-Coweta area.

Marietta luxury apartment complex sells for $87M

The luxury multifamily development is the residential component of the Marketplace at Terrell Mill mixed-use project, which is situated near I-75 and Truist Park.

Mortgage applications dip as rates increase in latest MBA survey

“This is a sign that the competitive purchase market, driven by low housing inventory and high demand, is pushing prices higher and weighing down on activity.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan.

New construction makes up 24% of Q1 residential sales in Atlanta

Low mortgage rates and low inventory levels are making the demand for homebuilding more attractive to buyers in Atlanta.

Private equity-backed firm acquires JP & Associates Realtors

The acquirer is a partnership between Chairman and CEO Rick Davidson, who most recently served as global CEO of Realogy Real Estate Services Corp.’s Century 21 Real Estate unit, and private equity firm Aperion Management.

Crescent Communities launches single-family build-to-rent platform

The single-family segment will be led by Tony Chen, the former vice president, chief of staff and head of office of strategic initiatives at Atlanta’s FirstKey Homes.

JV acquiring almost 2,000 homes throughout the South for single-family rentals

Transcendent Electra, a partnership between Transcendent Investment Management and Electra America, has $496 million of properties in contract process and closing and another $1 billion in the pipeline. 

NAHB: Single-family homes help boost total residential construction spending in March

The NAHB attributed the monthly increase in its construction spending index to single-family construction and single-family improvements, both of which rose by 2% on a monthly basis. Multifamily construction, meanwhile, declined 0.3% after falling 0.9% in February.  

340-unit apartment community coming to West Midtown

The five-story, wood-frame building will be located on the future Westside Beltline Trail and one mile away from the Westside Reservoir Park at Bellwood Quarry.

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