Clients seeking mortgage loans in Peachtree City find that the housing supply exceeds demand, allowing them to choose from a large selection of properties.  Even in this market, the property values are only down a little bit, as Peachtree CIty is avoiding the widespread losses that are occuring elsewhere.  While the values are staying relatively safe, what is an issue that most sellers are facing is longer times on the market. 

Mortgage products available include 30-year fixed, 15-year fixed, numerous ARM products, with interest-only options.  Most Peachtree City borrowers choose fixed mortgage loans.  In this time of historic great rates, who could blame them!?

Most people cannot imagine life in the Atlanta suburb of Peachtree City.  I moved here almost 10 years ago and enjoy a somewhat relaxing life amidst the golf carts and families.  Fortunately the mortgage business is great, although I don’t play as much golf as you would imagine.  Let’s see….

90+ miles of golf cart paths around a small town of 35,000.  Virtually every family has a cart.  Kids as young as 12 can drive their carts with an adult in the front seat, and at 15…they are allowed to drive alone.  Home prices range from 100k to 2mm.  The schools are phenomenal, although the restaurant choices are limited.  On most nights, people actually take “golf cart rides” with their families and dogs, either around one of the lakes or golf courses.  While there is not an active nightlife, we do have access to Atlanta 25-30 minutes away!

So…most days I take my golf cart to work!  Yes….Golf Carts and Mortgages.  It could be a lot worse!  I’ve helped close many a mortgage from the seat of the golf cart.