Atlanta Area 5th for New Residential Development in Last Ten Years

A recent report ranks the Atlanta area 5th among the most populous metro areas in the US for new residential development during the past ten years, including single family and multi-family homes. Over 200,000 building permits for new single family home and 88,000 permits for multi-family homes were issued in the area during the last decade, fueled by increasing demand and low home mortgage interest rates. Construction of new homes increased during the pandemic with 2020 and 2021 the strongest years in the period studied.

Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052 for information about new home purchases and our low home mortgage interest rates on home loan refinances.


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