Although Demand for Housing Remains Strong, Existing Home Sales Decline in July

Although sales of existing homes in July slowed slightly to the slowest pace in over two years, the majority of homes sold in less than thirty days, indicating that demand remains strong across the country. Many potential homebuyers, however, are being priced out of the market and are delaying their search for a new home.  Home sales across the South, including Georgia and the Atlanta area, decreased slightly to 2.24 million units.

Purchasing a new home in metro Atlanta or anywhere else across the state of Georgia?  Refinancing a home mortgage loan?  Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net.


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.