New Home Construction Costs Rising Quickly in Metro Atlanta

Recent reports indicate that construction costs for new homes are rising more quickly in metro Atlanta than in other areas of the country, a factor increasingly affecting affordability in the local market.  Although local home buyers continue to face shortages of homes on the market along with rising constructions costs, many local real estate experts expect price growth to slow in the coming months as more potential home buyers are priced out of the market and sellers begin to lower asking prices in response.

Buying or refinancing a home in metro Atlanta or anywhere else in the state of Georgia?  Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmg@bellsouth.net