Both Home Prices and Inventory Up in Atlanta Area

Although home prices in the Atlanta area continue to increase--the average sales price last month was $300,000, which is nearly 5% higher than a year earlier--housing inventory in the Atlanta area also increased 5% over the previous year. The increase in inventory is mainly due to fewer home sales and is expected to moderate future home price increases in the area.

Looking for a new home in metro Atlanta? Need to refinance? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.


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