New home construction prospered last year due to fewer resale home listings. In a news report published this month by Redfin, the real-estate brokerage quotes 32% of single-family home sales in Q4 2023 were new construction homes. The housing market saw a sizeable decrease in new construction following the Great Recession. With fewer new homes being built, the market leaned heavily on resale[...]
The real estate market in Atlanta is sizzling hot with a record low home inventory due to a lack of construction over the past decade. Instead of benefitting buyers, sellers are coming out on top in this crazy and competitive market which is fueled by Millennial homebuyers who are finally buying homes! After the initial lockdown in 2020, many people became[...]
Graydon Buckhead, the 22-floor luxury condo tower rising on Peachtree Road, topped out ahead of schedule in the first quarter of 2021. With the primary vertical construction complete, work now turns to the project’s distinguishing terraces and interior walls and finishes. The first homes will be ready for move in early 2022. “Sales have been moving at a brisk pace, similar[...]