Good news, the Atlanta real estate market is expected to make a full recovery.  As the economy as a whole starts to recover, so has the real estate market. The real estate market has started to reach an equilibrium between a seller’s market and a buyer’s market.  The overall inventory supply is meeting demand and the lack of inventory is leading to some trends.  Home prices are starting to rise and last month 17 percent of sellers sold their home at a price above the listing price.  Also the lack of existing inventory is spurring new construction and in July the Atlanta area saw a 26 percent increase in construction activity.  This information is reported from Atlanta’s Best New Homes from Academy Mortgage. 

New construction homes have recently been completed in several Peachtree Residential neighborhoods in great North Atlanta locations.  Also several neighborhoods have new decorated model homes in the month of August.  So be sure to visit the website for more information on our recently completed new homes and decorated model homes at Peachtree Residential.