Georgia Memorial Park Funeral Home & Cemetery, serving the metro
area for over fifty years, is devoted to delivering the highest level of
service and satisfaction possible to families.
Georgia Memorial Park
Funeral Home & Cemetery
2000 Cobb Pkwy SE • Marietta, GA 30060
770.432.0771 • 770.952.4478
www.georgiamemorialpark.com
economist Roger Tutterow predicted interest rates will
stay low until at least the third quarter of 2022.
“The crash was caused by lot of people who got
into houses with no down payments and didn’t have
anything to lose by walking away or jumping ship and
allowing the home to foreclose when they got upside
down,” Southerland said. “I don’t see that happening
right now. There’s too much equity at play here, too
much money tied up in it. Buyers are putting real
money into it, so they’re not going to walk away from
real money that they’ve forked over, and definitely not
an incredibly low interest rate.”
“We will never go back to where we were in the
recession,” Bunch added. “Rent has gotten so high,
some people figure they can pay $30,000 over asking
price at 2.5% and their payment will still be cheaper
than renting. I’ve been through it all – short sales,
foreclosures, high rates, low rates – and I tell anyone
who bought a house for under $300,000 to keep it as
long as they can. We’re fortunate that our county is so
strong with great schools and amenities, people will
always be moving into Cobb. But whatever you’re in
right now, you better like! Because you’ll never get an
interest rate like this, ever.”
44 COBB LIFE | JUNE 2021
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