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The founder and CEO of Engel & Völkers Atlanta was the No. 1 Alliance agent for 2023 sales volume and transaction sides.
The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000.
LRE Management and Greybrook purchased the assets, which have a combined 1,234 apartments.
The 81-homesite community is located on 46 acres in Gwinnett County.
The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®.
The new executive previously served as managing partner at Brooks Chadwick Capital.
Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.
The city also ranked No. 5 in the U.S. for active inventory, according to the latest RE/MAX National Housing Report.
The new executive, Stan Baker, previously served as an agent at the Harry Norman, REALTORS® Collection at Forsyth office.
The new project is located on Cascade Palmetto Highway.
The project, Eastwood, will bring 103 units to the revitalized Memorial Drive corridor.
The expectation of a rate cut this week, and the potential for more later in the year, has already moved mortgage rates lower.
At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the opposite.
Hunters Creek will offer 124 homesites with two-story, single-family homes priced from the high-$400,000s.
Rate introduced its Spanish-language mortgage process in 2022.
Specifically, prices rose 4.3% annually after growing by 4.7% in June.
