The Residences at The St. Regis Atlanta, a luxury condominium, is 80 percent sold with 11 units remaining. The most recent sales include a 6,824-square-foot unfinished unit for $5,056,584 and a 3,684-square-foot unfinished condo for $2,590,000.
Tag Archives: Real Estate
In a review of cities with affordable housing and a strong employment market, Zillow, a real estate data company, ranks Atlanta as a favorable city offering both advsntages. According to Zillow, Atlanta offers a housing price-to-income ratio of 2.7, compared with 8.8 for San Francisco.
REALTORS are heading to Washington to advance key real estate issues with regulators and members of Congress during the REALTOR Legislative Meetings and Trade Expo.
“To ensure all Americans continue to have affordable access to commercial and residential property ownership and investment, it’s vital for REALTORS to continue the dialogue with regulators and elected officials,” says National Association of REALTORS President Chris Polychron.
REALTORS will work to preserve current real estate-related tax policies, extend the Mortgage Forgiveness Tax Relief Act and to protect commercial real estate related tax provisions, such as like-kind exchange provisions and making permanent the 15-year depreciation period for leasehold improvements.
REALTORS will advocate for legislation that will reform patent demand letters, set nationwide data security standards, and end discrimination against affiliated lenders by passing the Mortgage Choice Act.
Blackstone (NYSE: BX) and Wells Fargo (NYSE: WFC) signed agreements to purchase most of the assets of GE Capital Real Estate in a transaction valued at approximately $23 billion.
The National Association of Realtors (NAR) reports that the number of homes under contract increased in February to its highest level since June 2013.
The Pending Home Sales Index is based on pending sales of existing homes. When the contract has been signed but the transaction has not closed, it is a pending sale.
The Index is 12.0 percent above February 2014.
In the South, home sales climbed 2.7% in the fourth quarter of 2014 and were 5.8% over 2013 levels. Median prices also increased 6.2% to $183,000, according new regional data released by The National Association of Realtors.
Are you observing a trend in your neighborhood?