Posts from September 2025

57 E Broad St

You may have heard about the development in downtown Newnan at the old Brown Steel location. I have heard many different things regarding this property and its development; a conference center, a hotel, apartments, retail, restaurants etc. In the rest of the article, I will share what is happening there. It is an exciting time for downtown Newnan!

57 E Broad St has attracted significant attention the last several years. The property, formerly the site for the business Caldwell Tanks, is located adjacent to the railroad tracks on E Broad St and directly across from the historic train depot in downtown Newnan. The total size of the property is 5.59 acres. The City of Newnan purchased the property on March 12^th, 2021, from the Broad Street Forum for $3,676,302, per the county tax records. A demolition permit was pulled on December 7^th, 2021. Before the demolition, the property had many large industri...

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A Strong Summer for Real Estate

After a slow start in 2025, the local real estate market really picked up this summer. Many local real estate agents were discouraged after the start of 2025. Spring is typically the strongest time for a real estate market. However, the first half of 2025 was weak, with closed sales down every month, year-over-year, from 2024 (per Georgia Multiple Listing Service, GAMLS). Things started to pick up in May. Pending sales were up over 20% from last year. As a result, closed sales increased 26% and 11% in June and July, respectively. This is an encouraging sign of things to come. August is looking like it will be a strong month as well, with many contracts in the pipeline to close.

Compared to the last few years, it is actually a good time to purchase and many savvy buyers have noticed this. The selection of homes to buy is significantly up. In fact, new listings have increased every month, year-over-year...

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