New Home Construction in Georgia at Highest Level Since 2007

Demand for new homes has increased dramatically across Georgia and the rest of the country due to record low home mortgage interest rates and low inventory. As home builders attempt to keep up with demand, construction of new housing units in October reached its highest level since 2007.   Shortages of available building material and available building lots, however, are expected to slow the number of new homes constructed in the coming months.

Contact Peachtree Mortgage Services, Inc. to discuss our low home mortgage interest rates and easy mortgage loan application process for new home purchases and loan refinances. Contact Peachtree at peachmtg@bellsouth.net or 770.481.0052