Construction Industry Employment Rebounds in Georgia, US

Although a shortage of available homes on the market continues in the Atlanta area and other parts of Georgia, employment in the US construction industry rebounded strongly in September. Real estate analysts hope that increased construction of new homes will help alleviate pent-up demand as low home mortgage interest rates continue to drive interest in new homes. Employment in the in the construction industry, however, is still nearly 400,000 jobs lower than the pre-pandemic period.

Home mortgage interest rates are still low! Planning to buy a new home or refinance an existing home mortgage loan? Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.