Mortgage Rate increases over the last few months has played a role in our home sales pace. It is important to keep our pulse on this data moving forward as we strategically position our neighborhoods and make the proper assumptions in our absorptions. Metro Atlanta home prices rose in August, but sales declined, according to
Huge Amount of Finished Lots Remain in Atlanta! (but is that the whole story?)
|The Atlanta region has more finished lots than anywhere else in the U.S. Currently there are about 136,000 finished lots spread out across the Atlanta MSA and at today’s absorption pace, it will take about 18 years before these lots are used up. So why are builders having such a difficult time finding lots to