Atlanta Area Home Prices Up Nearly Six Percent

According to a recent national home price index, while many cities across the US experienced declining home prices during the annual period ending in August, home prices in the Atlanta area increased at an annual rate of nearly six percent. While home sales are weakening in many cities across the country as rising home prices and home mortgage interest rates discourage many potential buyers from entering the market, analysts believe that another housing crash is extremely unlikely.

Contact Peachtree Mortgage Services, Inc. at 770.481.0052 if you're considering purchasing or refinancing a home in metro Atlanta or anywhere else in the state of Georgia. Or, visit our website at www.peachtreemortgageservices.net for more information.