Georgia Homeowners See Large Equity Gains

As home prices continue to increase across Georgia, the equity in the average home in the state grew around $24,000 in the first quarter of 2021 when compared to a year earlier. The increased equity has increased confidence in Georgia's housing market and has given some homeowners the ability to use the equity in their homes to avoid foreclosure.  Average homeowner equity has more than doubled over the past ten years.

Home prices continue to increase across the state of Georgia! Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.