Good news prospective Atlanta new homes buyers, the real estate market in the metro area is stabilizing!
For July, we saw a couple of points percentage increase in month-over-month sales and a 10 percent increase from this time last year. With more houses selling, inventory is declining, so prices are finally able to stabilize and even appreciate. Plus, distressed properties now only account for one out of every four sales instead of one out of every three.
If you’re thinking you want to buy before prices get any higher, Academy Mortgage can help! We recently expanded our guidelines to help buyers give even more home for the same amount of money.
If you’re not quite ready to let go of your old home, but still want to move up, there are plenty of options out there including renting your old home. We are able to qualify many buyers for a new home even if they choose to retain their first home.
Unsure if you can afford a new home? Give us a call at 404-574-2600. For more information, visit the Academy Mortgage website.
Equal Housing Lender. (c)2012 Academy Mortgage License #3113. GA Lic. # 20505. This is not a commitment to lend. Academy Mortgage Atlanta: 5565 Glenridge Connector, Suite 400. Atlanta, GA 30342. Georgia Residential Mortgage Licensee.