Inventory of Homes Down, Prices Up

While lower home mortgage interest rates continue to bring buyers back to the housing market, there isn't enough supply to meet demand. As a result, buyers in Atlanta and other housing markets around the country can expect higher prices and more bidding wars this summer. May home prices were up nearly 1 percent when compared to the previous month and up 3.6 percent when compared to a year earlier.


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