For mortgage lenders, agents, builders, and investors, weaker pending sales point to slower deal flow and more uncertainty around near-term closings. Supply-chain businesses tied to home sales, such as construction suppliers, movers, and home-improvement services, may see softer demand if fewer buyers are reaching contract stage.
Georgia Real Estate
Pending metro Atlanta home sales drop to new low as buyers remain stymied
Summary
Pending home sales in metro Atlanta have fallen to a new low, according to the headline. Buyers remain unable or unwilling to move forward with purchases.
🍑 Georgia Impact
Source: The Business Journals