Buying Home Still Less Expensive Than Renting One in Atlanta

While area home prices continue to increase, a recent study indicates that it's still less expensive to buy a home in metro Atlanta than to rent one. The average median monthly mortgage in metro Atlanta is $1,110,00, and the average monthly rent is $56.00 higher at $1,166.00. In addition, to lower monthly payments, local homeowners benefit from building equity in their property and are eligible for tax benefits as well.

Considering buying or refinancing a home in metro Atlanta? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtge@bellsouth.net.