Peachtree Corners Homes Remain Highly Desirable

Over the past few years, the real estate market in the metro Atlanta area has become very strong. A combination of low interest rates and limited available housing have caused home prices

By Kathy Dean

to skyrocket.

While there are signs that things are beginning to taper off, it’s still a very active scene. Interest rates have been bumped up, causing prices to stabilize. However, the tight inventory means that the cost to buy a home remains on the high end, especially in desirable locations like Peachtree Corners.

What’s happening now

“The current trend is a leveling out of the housing market,” said Alan Kaplan, Realtor, Atlanta Fine Homes Sotheby’s International Realty.

“I see the market, overall, being less aggressive and more balanced between buyers and sellers,” he continued. “This shift manifests itself primarily in offers providing less aggressive terms and lower propensity for bidding wars for an average property.”

Laura Hayes Reich, Associate Broker with The Terri Hayes Team reports that homes in the area are selling quickly, if they are updated and priced correctly.

“We are still seeing bidding wars on desirable homes as inventory is low,” she said. “There is a large number of buyers who prefer Peachtree Corners due to many factors, including desirable location, lower taxes, award-winning schools, communities that have a wonderful family feel and upper