Atlanta Housing Market Expected to Remain Strong During Traditionally Slower Winter Months
Although the housing market in the Atlanta area and other parts of the country traditionally slows during the colder winter months, it has remained strong so far this year. Existing home sales reached a 14 year high in October as low home mortgage interest rates drove demand, which has remained strong since then. Real estate analysts expect the housing market to remain strong into 2021 as mortgage interest rates remain low, Covid 19 vaccines become more readily available, and an inventory shortage continues.
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