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.

Ready to buy a new home in the Atlanta area or need to refinance an existing home mortgage? Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net to discuss your home mortgage needs and our low home mortgage interest rates.

 

 

 


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