Spring is in the air and the housing market is expected to set a few trends in 2017 as Bill Rawlings talks about in his article in the Milton Herald. Although the interest rates are expected to rise slightly it’s still a great time to invest in real estate compared to the past. With mortgage rates increasing 4.15%in mid-December 2016 this allows mortgage credit to be more widely available due to lending standards being loosened. In turn this will allow first-time homebuyers lower fees. The wish for a new home is creating a positive impact for new construction, which is expected to rise throughout 2017. Foreign buyers, due to their outstanding budgets have become one of the strongest buying groups. The National Association of Realtors reported buyers purchased over $102 billion in residential real estate in the United States. Peachtree Residential Properties has over 20 new developments to chose from for your housing needs. Visit the Peachtree Residential website to see all the move-in ready homes for this spring. Peachtree has several neighborhoods in the Milton and Alpharetta area. Canton Street Commons in downtown Alpharetta is coming soon as well! Peachtree Residential will be celebrating 29 years of building new homes in Atlanta and Charlotte in May.