Home Sales Down, Inventory Up in Metro Atlanta

Housing inventory in metro Atlanta increased sharply in April when compared to a year earlier.  Sales of existing homes declined, which contributed to the increase in inventory, and new housing starts were also down.  Despite fewer home sales and more available inventory, however, the median sales price in the Atlanta area continued to increase when compared to the previous month, reaching $390,000.

Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052 to discuss you home purchase or refinancing needs anywhere in the state of Georgia

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