January Pending Home Sales At Lowest Levels in Eight Years In Atlanta, Across US

Pending home sales for the week ending January 1 dropped to their lowest level in eight years, according to a recent report from a nationwide real estate company.  Pending sales were down across the country, including the Atlanta area.  Real estate experts cite rising home prices, higher home mortgage interest rates, and concerns about the economy as reasons for the lower levels of pending sales.

Looking for a new home in the metro Atlanta area or anywhere else in the state of Georgia?  Need to refinance an existing home mortgage loan?  Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.

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