Following 8 Year Low in April, Builder Confidence in Housing Market Rebounds in May

Following an 8 year low in April, builder confidence in the single family housing market in Georgia and across the US rebounded significantly in May. Low home mortgage interest rates have helped maintain demand for new housing despite the Covid 19 pandemic, and real estate market experts expect buyer traffic to improve as states around the country reduce pandemic restrictions. Supply chain limitations and higher unemployment rates, however, could limit market improvements in the short term.

 Peachtree Mortgage Services, Inc. is still offering home mortgage loans. Contact us today at peachmtg@bellsouth.net or 770.481.0052 to get started on your mortgage loan application for your new home purchase or home loan refinance