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.
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