Analysts See Trends Emerging in Georgia and Atlanta Housing Markets

Although it's impossible to predict the future of the housing market in the Atlanta area and throughout the state of Georgia, based on current market trends, analysts see several trends emerging.

First, although home mortgage interest rates have risen slightly during the past six months, the rise is not historically significant. Analysts expect home mortgage rates to continue to rise slowly during the next two to three years before topping out at under 6.0% for a 30 year mortgage in 2021 then falling due to slower economic growth caused by a rising national debt.

Analysts also expect tight housing inventory to continue as new tariffs on lumber and other home building materials increase construction costs by at least $2,000 per new home.

In addition, housing experts expect to see remodeling activity increasing as existing home continue to appreciate in value.

Peachtree Mortage Services, Inc. offers home mortgage loans--both purchase and refinance home loans-- thoroughout the Atlanta area and the state of Georgia.  Contact us at peachmtg@bellsouth.net.


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