Home Sales Drop in Metro Atlanta Area, Along with Median Sales Price

The median sales price of homes sold in November in metro Atlanta declined over 2% from the previous month to $370,000.  Higher mortgage rates contributed to the decrease by making buying a home more expensive for buyers taking out home mortgages.  Fewer homes were sold in the region as well.  Home sales by unit fell sharply from the previous month and are down over 40% when compared to a year earlier.

 Planning to buy a new home or refi and existing home mortgage anywhere in the state of Georgia?  Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net to discuss our competitive home mortgage interest rates.


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