Growth in Home Prices Stabliizes in Atlanta Market

Growth in Home Prices Stabilizes in Atlanta Area

 Home prices are continuing to rise in the Atlanta area, but not as quickly as a year ago. A recent study indicates that home prices in the area rose 4.0% last month when compared to year earlier. This time last year, prices were increasing nearly 6.0% when compared to a year earlier. Real estate market experts say that demand will remain strong as long as consumers remain optimistic about the economy, home mortgage interest rates remain low, and inventory shortages persist.

 

Buying a home in metro Atlanta? Ready to refinance a Georgia home loan? Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net.