Atlanta Real Estate Market Favors Buying Over Renting

A Florida Atlantic University study comparing home mortgage rates, expected inflation, home price appreciation, property taxes, and other factors suggests that it is still better to buy a new home than to rent one in the Atlanta housing market. The study compiled data from 23 US housing markets and found that the Atlanta housing market is still in the 'buy' category due to various factors along with 12 other metropolitan areas. Home mortgage rates are still low but are expected to rise in 2018.

The study suggests that growth in Atlanta area home prices will slow in the coming months while inventory increases, leading to longer marketing times for sellers.

Buying a new home in the Atlanta housing market? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or by email at peachmtg@bellsouth.net.

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