Atlanta Area Home Prices Down Slightly in August

Prospective home buyers in greater Atlanta received a rare bit of encouraging news in August as the median home sales price in the area dropped below $400,000.  In June of this year, the median home sales price was over $411,000.  Many buyers hoping to purchase homes in Atlanta and around the state of Georgia have been discouraged by increasing home prices; higher home mortgage interest rates; and a low inventory of available homes on the market.

Peachtree Mortgage Services provides mortgage loan products throughout the Atlanta area and the entire state of Georgia.  Contact us at peachmtg@bellsouth.net or 770.481.0052 to discuss your home purchase or refinance loan.


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