Real Estate

Dick Clark had his Flintstone's house. John Travolta owns a home along a runway. Why don't you move into a guitar?

What's happening: A five-bedroom, four-bath house in Fayetteville that's shaped like a guitar is on the market for $800,000.

The average monthly rent in Atlanta was $1,946 last month, a 14.9% increase since June 2021, according to Zillow's Observed Rent Index.

The red-hot rental market means that landlords often have the upper hand, but that doesn't mean you should give up on negotiating.

A new development combining affordable housing, business development programs and urban agriculture breaks ground this morning in Sweet Auburn.

Why it matters: Housing costs are rising. Wages are not. And Atlanta remains in an affordable housing crisis.

Rumors and speculation of wrecking balls and mixed-use developments potentially replacing the clubs, tattoo parlors and bars that fill chapters of Atlanta’s nightlife history have sparked a new round of debate over the future of the city.

Why it matters: The block of Ponce de Leon Avenue stretching from the Beltline to Freedom Parkway has been the scene of countless memorable (and forgotten) evenings at MJQ, Bookhouse Pub, The Local and other joints.

Atlantans have to earn 39.3% more than a year ago to afford the region's median-value home, per the latest analysis by real estate company Redfin.

The big picture: The income needed to afford a home has increased as soaring demand and limited inventory continue to push sale prices up.

Fans of cemeteries are teaming up with city planners to give Atlanta's under-appreciated and deeply historic final resting places some support.

Details: City planners are researching ways to preserve, help, and promote Atlanta’s historic and abandoned burial grounds — particularly the final resting places for Black Atlantans or Black communities, including those that no longer exist.

The most expensive property on the market in Georgia is a compound on its own private island in the coastal marsh.

What's happening: Little Hawkins Island is for sale at a cool $17.8 million. It sits within the exclusive Hawkins Island development off of St. Simon's Island.

Downtown Atlanta is expecting a tidal wave of development as the city eases into a post-COVID vaccine world.

By the numbers: The private and public sectors will invest nearly $6.5 billion in over 65 acres in South Downtown alone over the next five years, according to new figures released by Central Atlanta Progress.