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Condo Chatter

Combine these ingredients: A shortage of available Midtown condos and three smallish condo projects starting soon; put them in a shaker; the resulting cocktail is called 151 Midtown Condos Were Pending For Sale In May Alone. Those numbers inspire one Atlanta Business Chronicle columnist to write this week: "The jump in pending sales in these new buildings shows that buyers are hungry for new inventory and are eager to buy in updated condo communities … even if this means a higher price point of over $700,000." Sizzle, sizzle. [ABC]