Supply of Available Homes Remains Tight Around Country

The US Homeowner Vacancy Rate dropped to 1.5 percent in the first quarter of 2018 to its lowest level since 2001, providing more evidence that the supply of available homes in metro Atlanta and around the United States remains extremely tight. The vacancy rate is a measure of the percentage of non-vacation-homes in the US that are vacant and on the market for sale. The new data highlights the need for more affordable housing and raises expectations that housing prices will continue to rise in the coming months.

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


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