Posts Tagged ‘Mortgage Rates’

Peachtree Residential Offers Special Financing

special financing with Peachtree Residential

Peachtree Residential has teamed with several preferred mortgage lenders to provide special financing with below-market interest rates on new contracts written between August 1, 2022, and April 30, 2023.*

“Our special rate lock buydowns mean home shoppers can purchase more home for their money. Most homebuyers will save hundreds to many hundreds of dollars a month on a 30-year fixed mortgage,” commented Dave Borreson, President, Peachtree Residential.

All active Peachtree Residential communities in metro Atlanta and Charlotte, North Carolina are eligible. And both presales and quick move-in homes are included. Best of all, this program is at no cost to the consumer. (more…)

The Housing Market Continues To Recover & New Homes Are Move-in Ready

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. 

Buyers Confidence On The Rise Due To Record-Low Mortgage Rates

With rental rates and buyers confidence on the rise due to record-low mortgage rates, the market is heating up, making now one of the most favorable times in history to buy a home per Keller Williams Research.  Mortgage rates around 3.66% continue to boost home affordability with some of the lowest rates on record since 1971.  These rates may be as close to the bottom as they will get, adding to the urgency to buy a home now while these record lows hold. 

Speaking of buying new homes, Peachtree Residential has been selling several inventory homes, but has been busy building new homes that will be ready for move-in this summer.  Visit the Peachtree Residential website to view our current neighborhoods, July incentives  and available homes that can be yours soon!  We invite you to stop by and visit our decorated model homes/sales centers! 

Why Is Now The Time To Buy a Peachtree Home?

  • Not only are Pending Home Sales are highest since March 2010
  •  Mortgage Rates are under 4%
  • Inventory Homes Supply lowest since March 2005
  • Improving Job Growth…unemployment  8.4%

Don’t wait for the home inventory to decrease more and the home prices to rise.   Now is the time to buy your dream home from Peachtree Residential Properties!  We build in great locations and build innovative designs, quality  craftsmanship and our superior service has resulted in thousands of satisfied homeowners.  All of this makes Peachtree Residential one of the most successful Certified Professional Home Builders constructing Atlanta new home communities!  We are actively building in 15 communities and building numerous pre-sales.  Our top priority is complete customer satisfaction and a home that is unsurpassed in quality. Visit the Peachtree Residential website to view our neighborhoods! 

Also Peachtree Residential is offering fantastic incentives during February!  Buy a new home in February and depending on the neighborhood that works best for you and your family, Peachtree  will give you $ 5,000 – $10,000 in designer options FREE at our Peachtree Design Center!  Also Peachtree will contribute $3,000 in closings costs when using one of our preferred lenders.  Don’t miss out on this sweetheart of a deal! View the website for more information.