Atlanta Area Home Prices Up; Supply & Affordabilty Down
Housing prices in Atlanta and other areas on the country have continued on an upward trajectory in recent weeks, and home mortgage interest rates also continue to rise. Affordability has continued to decline as a result, and a growing number of potential homebuyers are finding purchasing a home out of reach. A seasonal decline in available homes has also contributed to the decline in affordability. Local Atlanta area real estate experts expect some pricing relief in the coming spring months when the inventory of available homes typically increases.
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