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.

At the same time, the median price of a new home sold in April declined as well. 

Horton served as chairman of D.R. Horton Inc. since it was formed in July 1991.

The city saw a 30.9% annual jump in new listings in April, placing it fifth among the top 50 U.S. markets covered in the latest RE/MAX National Housing Report. 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Other settlements are still awaiting final approval, including the $418 million settlement with NAR.

Zillow attributes this trend to a growing sense of nostalgia for easier times.