Builders Offering More Price Cuts on New Construction in Atlanta Area
With more potential homebuyers being priced out of the market due to increasing prices, home builders in the Atlanta area are starting to lower their prices to attract more buyers. Across the US, builders reduced prices on nearly 22% of new construction homes in the last months of 2018, and the percentage was even higher in the Atlanta area. Experts caution, however, that builder price reductions may be temporary if mortgage interest rates remain low.
Buying a new home in metro Atlanta? Need to refiance a home mortgage loan? Contact Peachtree Mortgage Services, Inc. at 770.481.0052.