Fewer Home Sales in Atlanta Area, Market Conditions Remain Favorable

Home sales in metro Atlanta in April were down nearly 3% when compared to a year earlier, while the median sales price of a home in the area rose 3.7% during the same time period to $282,000. Conditions remain favorable for buyers, as home mortgage interest rates remain low and the economy remains strong. However, competition for homes, tariff-related price increases, and growing student loan debts continue to keep many potential homebuyers out of the market.

Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net to discuss our low home mortgage interest rates.