Atlanta housing market continues to improve, but at what cost? Interest rates and closing costs!! The Atlanta Journal Constitution ran a article today with more information stating that the Atlanta housing market is continuing a upward movement in home prices, however it comes at a cost.
The median sales price in metro Atlanta was $181,000 in November, up 20.7 percent from the prior year, according to data from the Atlanta Board of Realtors.
Read Full Article here: Atlanta housing market continues to improve
Both the cost of acquiring a loan (closing costs) and interest rates are increasing. Mortgage rates are expected to continue their upward trend into the foreseeable future and along with rising interest rates come higher closing cost fees…