News / Features

Marcus & Millichap adds managing director to Atlanta office

The new executive, David Johnson, founded Piedmont Highlands Capital. 

FHFA rescinds “unworkable” fee ahead of implementation

The mortgage industry decried the proposed loan-level pricing adjustment for borrowers with higher debt-to-income ratios. 

RangeWater brings in HR veteran for new chief people officer role

The new executive, Franco Minton, will help the multifamily firm as it pursues strategic growth initiatives. 

How far will a $1,500 rent budget go in Atlanta?

A recent Rentcafe study used MLS data from 200 U.S. cities to determine which city offers the most square footage for $1,500 per month. 

Berkadia: Atlanta apartment pipeline swells to 180,542 units in Q1

The number of apartments under some stage of development in the Atlanta metro grew from 147,881 at the end of the fourth quarter of 2022. 

MBA: Mortgage applications rise on lower rates

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

170-unit mixed-use development headed for Peachtree Corners office park

The owner of the 2 Sun Court office building sold off 2.2 acres to a developer who plans to build a mixed-use tower. 

Toll Brothers tops out 36-story Momentum Midtown tower

Toll Brothers Apartment Living and joint-venture partner PGIM Real Estate are developing the luxury high-rise on an 0.83-acre site at 1018 West Peachtree St. NW. 

Artisan Built to open new phase at NatureWalk at Seven Hills

The 23-home phase is in the NorthFarm section of the Paulding County community. 

Why the current market is toughest on first-time buyers

Price hikes are slowing down and inventory is up — generally — but less expensive homes are bucking larger market trends. According to Zillow, the price of bottom-tier homes increased 8% year over year, while bottom-tier inventory increased just 1%.

Wood Partners opens 250-unit community in McDonough

The 250-apartment community is located at 205 Bridges Road near downtown McDonough. 

GAMLS: Atlanta home sales slide in April as median sales price rises

New listings of homes fell 8.7% compared to March and were down 18.4% versus April 2022, Georgia MLS said. 

Redfin Launches ChatGPT plug-in to help buyers find a home

Redfin has launched a ChatGPT plug-in to help buyers find their new home, a potentially powerful tool in their arsenal as today’s homebuyers work to find the perfect home.

Lawrence Yun: Fed rate hike ‘unnecessary and harmful’

NAR Chief Economist Lawrence Yun said the Federal Reserve’s latest increase in its benchmark interest rate is an unnecessary threat to many small regional banks.

Atlanta affordable housing efforts get $200 million commitment

The Robert W. Woodruff Foundation and Joseph B. Whitehead Foundation committed $100 million to affordable housing, and Mayor Andre Dickens pledged to pass a $100 million housing bond. 

Georgia MLS brings Restb.ai artificial intelligence into home listings

The new technology will speed up the home-listing process using Restb.ai’s property image tags. 

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