New Home Construction Activity Declines for the Third Straight Month But Builders Remain Optimistic

Although new home construction starts declined in July for the third straight month, they were still nearly 1% higher than the same month last year.  Building permits increased by nearly 9% from June to July, however, providing evidence that builders remain optimistic about future home sales.  Homebuilders in Georgia and across the US believe that lower home mortgage interest rates will spur stronger home sales in the months ahead.

 Peachtree Mortgage Services, Inc. offers loan home mortgage interest rates and an easy loan application process.  Contact us today at 770.481.0052 or peachmtg@bellsouth.net if you're considering purchasing or refinancing a home in metro Atlanta or anywhere else in Georgia.

 


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