New Housing Starts Increase Significantly

New housing starts across the country in June were up over 29% when compared to a year earlier, according to the US Census Bureau and HUD. When compared to a month earlier, new home construction activity grew nearly 14% across the South. New activity was strongest in the Northeastern states, where it was nearly 35% higher than in May.

Buying or refinancing in the Atlanta area or anywhere else in the state of Georgia? Contact Peachtree Mortgage Services, Inc. at or 770.481.0052.

* Specific loan program availability and requirements may vary. Please get in touch with the mortgage advisor for more information.