The national housing market continues to recover, indicated by consistent increases in both home sales and prices.  Homes sales this month rose 7.8% from last month according to the real estate report that Keller Williams put out for October.   Inventories in much of the US are primarily balanced, however large pockets of the country are experiencing inventory shortages.  Some buyers are frustrated with mortgage availability and sales would be 10-15% stronger if the financially qualified buyers could obtain financing per NAR President Moe Veissi.  With the housing market coming close to a full recovery and mortgage rates hitting new record lows, the time to buy now.  The month of October shows mortgage rates around 3.49% which means home buyer affordability remains high for home buyers who buy now while rates are low. 

Several builders are low on inventory, but Peachtree Residential recently completed 20 new homes and has several available in great North Atlanta locations.  Peachtree Residential has been building new homes in Atlanta for over 24 years!  Some of those include great locations in Cumming, East Cobb, Johns Creek, Milton, Peachtree Corners, and Roswell. Visit soon to see these high quality homes that are ready for move-in!  Inventory homes are listed on the website by neighborhood.  Several with incredible incentives for closings this year.  See sales agent for details! 

Be sure to “like” us on Facebook in October.  Each new “like”, Peachtree Residential will donate a $1.00 to Breast Cancer.  Each new home sale in October Peachtree Residential will donate $1,000 toward Breast Cancer.