Existing Home Sales in Georgia, US at 14 Year High in December

Existing home sales in Georgia and around the country reached a 14 year high in December, with every region of the country experiencing double digit growth when compared to a year earlier. Although home mortgage interest rates are expected to rise slightly in 2021, demand is expected to continue to remain strong into 2021 as more new home buyers enter the market and Covid 19 vaccinations become more widespread, leading to improving economic conditions.

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.