February Home Builder Confidence Down, But Not Due to Lack of Demand

According to a recent report from a national homebuilder group, home builders in Georgia and around the country in February report less confidence than a month before in the health of the housing market. Local Atlanta area real estate experts say strong demand for housing is expected to continue into the foreseeable future, even with increasing home mortgage interest rates.  Many builders, however, expect supply chain issues to continue. As a result, completion of houses under construction will take even longer and home costs will continue to rise, pricing even more prospective home buyers out of the market.

 Contact Peachtree Mortgage Services, Inc. to discuss our low home mortgage interest rates on home purchases and home mortgage loan refinances.


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