Home prices signal a strong selling season  according to PRNewswire.  For the second month in a row, home prices have risen higher than a year ago. Median prices in March were an impressive 5.8 percent higher than March 2011 in the 53 metro areas surveyed for the RE/MAX National Housing Report. For the last 9 months, sales have reached a level higher than the same month in the previous year. Following these trends, the spring and summer months should experience increased activity. With falling inventory and many markets witnessing multiple offers with bidding competitions, prices are likely to continue to rise in many areas.”There is very little inventory, which is driving a lot of activity,” said Richard Smith, president and CEO of Realogy Corp., a global provider of real estate and relocation services. High-end markets are seeing increased activity as well. Even far from the major city centers, real estate watchers have seen luxury markets heat up according to U.S. News & World Report.

Peachtree Residential recently sold several inventory homes and are building more!  All inventory homes have been sold in several neighborhoods including Sterling on the Lake, but pre-sale opportunities remain on stunning homesites.  Tillman Hall is selling quickly in Peachtree Corners, so stop by before it’s too late to build your dream home!  Visit the Peachtree Residential website to view the current new home communities and see available the homes in great North Atlanta locations.