Home Prices Still Rising, But More Slowly

While the median price of a home in Georgia and across the country rose to $307,400 last month--an increase of 5.3% from a year earlier--this increase represents the lowest increase in median sales price since September 2016. The number of home sales selling above the asking price also decreased slightly year over year, from 26.5% to 26.2%. Overall , however, home sales still increased over 4% when compared to a year earlier, despite fewer homes on the market.

Buying a new home or refinancing in the Atlanta area?  Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net to discuss our low home mortgage interest rates and easy loan application process.


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.