Atlanta Area Home Sales Increase in May

Despite rising home prices across the Atlanta area and rising home mortgage interest rates, May home sales were up over 40% by dollar volume when compared to a month earlier. The number of homes sold, however, was down over 10% when compared to a year earlier. The median sale prices rose to $409,400, a 20% increase when compared to a year earlier. 

Contact Peachtree Mortgage Services, Inc. at or 770.481.0052 to discuss your Georgia purchase or mortgage refinance loan needs.

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