Atlanta’s robust residential, industrial and office sectors helped cement the city’s position as one of the busiest in the nation for new construction, according to StorageCafe. 

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row. 

There are nearly 40% fewer homes for sale now than before the pandemic began

At the end of 2022, Atlanta had 1,834 build-to-rent units in operation, a 380% increase from the 382 available five years earlier, RentCafe said. 

The Federal Reserve on Wednesday halted its streak of 10 consecutive rate hikes since March 2022.

The list recognizes the top 0.065% of more than 1.6 million licensed Realtors across the country based on 2022 data. 

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.

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

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

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

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. 

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

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

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

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

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