Bucking National Trend, Atlanta Area Has Fewer New Real Estate Listings In December

The number of new homes listed for sale in housing markets across the US grew nearly 5% in December when compared to a year earlier-- the largest increase in over three years-- giving buyers increased negotiating power. In the Atlanta area, however, the number of new homes on the market decreased by nearly 4%, and home prices rose by 5% when compared to a year earlier, an indication that local demand remains high.

Buying or refinancing a home in metro Atlanta or anywhere else in the state of Georgia? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.