Atlanta Area Homebuilders Remain Optomistic- But More Cautious- About Local Housing Market,
Home builders across the Atlanta area remain generally optimistic about the strength of the Atlanta and Georgia housing markets in the coming months. Fewer builders contacted in a recent survey, however, expressed confidence that the housing market will continue to remain as healthy in the longer term. Many Atlanta area builders cited rising home mortgage interest rates, the rising costs of building materials, and overall increases in the price of housing as factors that may slow demand for homes in the local housing market in the coming months.
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