National News
The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month.
Just 13% of respondents expect an increase in buyer traffic in the next three months.
The city moved up one spot from its May ranking, despite a significant drop in sales, according to RE/MAX.
The city moved up two spots in RentCafe’s annual study.
Atlanta ranked No. 7 for the number of coworking locations and No. 8 for coworking square footage, CoworkingCafe said.
The new name conveys a “concise, modern identity,” the company said.
Clever Real Estate ranked Atlanta No. 8 among major U.S. markets, citing home values, commission rates and the relative ease of obtaining a real estate license.
In Atlanta, the 2022 shortage was more than 65,000 homes, a 3.3% increase from 2021.
The city also ranked fifth for year-over-year increases in new listings, RE/MAX said, citing its National Housing Report.
The city dropped from its No. 1 ranking in the most recent annual survey by CoworkingCafe due to a relatively high unemployment rate for 20-somethings.
Pro Tool Reviews analyzed home-renovation spending across the U.S. and determined that Atlantans spent $12.9 billion on home improvements over the last two years, just behind San Franciscans, who spent $13 billion.
The money raised will go to nonprofit organizations that support the U.S. military community.
At the same time, days on market and housing inventory fell.
John Johnson will be replaced by the former president and CEO of telecom-infrastructure provider Crown Castle Inc.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.
VA Deputy Director of Policy Michelle Corrdion announced that the department would temporarily lift its ban.
