National News

There aren’t enough affordable homes on the market for middle-income buyers

Homes affordable to middle-income buyers — defined as households earning up to $75,000 — fall in the $256,000-to-$320,000 range. But of the over one million U.S. homes on the market at the end of April, less than a quarter fell within that price range.

Atlanta ranks No. 12 in America’s Best Cities

Resonance Consultancy, which touts its proprietary analysis of a city’s “lovability,” noted Atlanta’s importance to the Civil Rights movement, as well as its growing population and ambitious urban renewal projects

Migration between major brokerages in 2023

The first quarter of 2023 shows some serious agent fluctuation at many of the country’s biggest brokerages.

Most adults support housing densification in their neighborhood

These new homes are envisioned as “missing middle housing,” such as medium and large apartment buildings.

Case-Shiller: Home-price declines ‘may have come to an end’; Atlanta sees 1.1% gain

A second consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index could indicate a reversal of the negative trend that began last year. 

PulteGroup appoints Kevin Henry chief people officer

The incoming executive has held similar roles at BlueLinx Corp. and Extended Stay America. 

NAR: Limited supply keeps pending-home sales flat in April

Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association’s most recent report on pending sales. 

Atlanta ranks high for home affordability in new survey

WalletHub ranked Atlanta No. 15 among the 68 largest U.S. cities by home affordability. 

New-home sales rise for fifth month in a row

A shortage of existing inventory continues to drive buyers to new construction. 

Forest Park apartments sell for $10.3 million

The new owner plans to conduct extensive improvements to turn the class-C asset into a class-B one. 

Study finds it’s better to buy than rent in Atlanta

Only 18 of the 50 largest U.S. cities were found to advantage buying a home over renting by real estate data firm Clever. 

NAR: Existing-home sales and days on market slide in April

Multiple-offer situations have returned with the spring buying season while distressed and forced sales are “virtually nonexistent,” the National Association of REALTORS® said.

PulteGroup hires COO

The hire follows the December 2022 firing of the homebuilder’s senior vice president for field operations, who had been tapped to become COO on Jan. 1. 

Single-family starts rise in April

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

Builder confidence rebounds in May on tight existing inventory

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

NAR adds fair-housing training requirement to Realtor qualifications

Realtors will be required to complete two hours of training every three years beginning in 2025. 

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