Atlanta Area Home Prices Continue increasing in May

Atlanta area home prices continued increasing in May, with the median list price 16 percent higher than a year earlier.  The pace of price appreciation, however, appears to be slowing, and real estate market indicators may reach a more normal single digit pace by fall.  For now, home mortgage interest rates remain low, and competition for new homes is still strong.

Peachtree Mortgage Services, Inc. offer competitive home mortgage interest rates in the Atlanta area and throughout the state of Georgia.  Contact us at peachmtg@bellsouth.net or 770.481.0052.