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Atlanta is in the middle for home prices

A recent report by the Center for Housing Policy ranks nearly 200 metropolitan areas for housing affordability. Their purpose is to draw attention to workers who provide vital services — teachers, firefighters, police officers, retail sales workers, nurses, restaurant workers and others — who cannot afford to live in the communities they serve.

Atlanta real estate landed pretty much in the middle of the pack at number 100. Our median home price was listed at $185,000. That means neither a registered nurse, an elementary school teacher nor a fire fighter could qualify for a mortgage on the median priced home based on their annual income. The income needed was calculated using the average prevailing interest rate and assuming a 10 percent downpayment.

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Atlanta’s Top 10 Commercial Developers

The Atlanta Business Chronicle’s 2006 - 2007 Book of Lists ranks Atlanta’s Top 10 Commercial Developers based on the number of square feet developed in 2006 and 2007. Making the list for office space are:

  1. AIG Global Real Estate (Atlantic Station, including IKEA, Target, 60 other retail stores and 20 restaurants)
  2. Carter (High Tech Institute, Georgia Perimeter College’s Newton campus among others)
  3. Cousins Properties Inc. (Terminus 100, Terminus 200, The Avenue Webb Gin)

(Continued…)

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Brayson Homes Selected for Inclusion in Publication’s ‘Book of Lists’

Brayson Homes is once again ranked among “Atlanta’s Top 25 Home Builders” in the Atlanta Business Chronicle’s special “Book of Lists” publication that was distributed on Dec. 28, 2007. The company is No. 13 on the publication’s list of top home builders, which is based on the number of homes closed. (Continued…)

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Atlanta’s Top 25 Home Builders

The Atlanta Business Chronicle’s 2007 - 2008 Book of Lists Bowen Family Homes Autumnbrookeranks Atlanta’s Top 25 Home Builders by the number of homes closed in 2006. They are as follows:

  1. D.R. Horton, Inc.
  2. Pulte Homes Corp.
  3. Atreus Homes & Communities (formerly Homelife)
  4. Ryland Homes
  5. KB Home

(Continued…)

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Coldwell Banker Bullard in Publication’s Annual ‘Book of Lists’

Coldwell Banker Bullard Realty has once again been included in the Atlanta Business Chronicle’s annual “Book of Lists” publication. Bullard continues to occupy the No. 13 position in the Atlanta Business Chronicle’s annual listing of “Atlanta’s Top 25 Residential Real Estate Companies”. The ranking, which was based on gross residential sales volume in the Atlanta area, appeared in the special publication which was distributed on Dec. 28, 2007. Coldwell Banker Bullard is once again the highest-ranked real estate firm headquartered in the Metro South area. (Continued…)

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Thursday August 21, 2008

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