New Home Building Permits Increase Sharply in May in Georgia, US

According to new figures released by HUD, building permits for new single family homes in Georgia and around the US increased nearly 12% in May, an indication that home builders are feeling increasingly optimistic about the future of the housing industry. Housing industry experts say that many economic indicators point to a housing market recovery, including increasing demand, low inventory, and low home mortgage interest rates.

Mortgage interest rates are low! Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net to discuss your new home purchase or home mortgage loan refinance.