New Single Family Home Construction Up in Suburbs

According to a recent report, suburban areas in Georgia and around the country had the highest construction rates of new homes during the second quarter of 2020. Construction rates in suburban areas were up over 10% when compared to the same time period last year. Real estate experts say that suburban growth is being driven by the Covid 19 epidemic, as more people working from home are looking for larger homes with room for home offices and/or dedicated space for children to take online classes.

Need more space and planning a move to the suburbs? Refinancing your city home mortgage loan? Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.