Pending Home Sales Increase for Second Month in a Row

Pending home sales  increased in June for the second month in a row in the Atlanta area and around the U.S.  Real estate market analysts  believe that lower home mortgage interest rates, combined with increasing home values and a robust stock market, are finally convincing more buyers to enter the market.  The number of potential buyers, however, still exceeds the number of available housing units, especially in the market for entry level homes.

Buying a new home or refinancing a property in metro Atlanta or anywhere else in the state of Georgia?  Contact Peachtree Mortgage Services, Inc. at 770.481.0052 or peachmtg@bellsouth.net to discuss our current low home mortgage interest rates.