Demand Down in Atlanta Area, But Homes Still Selling

Demand for new homes in the Atlanta area and across the state of Georgia has lessened considerably in the past few months, but homes are still selling more quickly than before the Covid pandemic.  Rapidly increasing home prices coupled with rising home mortgage interest rates have made buying a new home unaffordable for many prospective home buyers.  Sellers who maintain their properties and offer competitive pricing can still expect to sell their homes relatively quicky.

 Ready 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.


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