Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?
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Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

ByAmalya Realty Group

Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by next year. In addition to the predictions from the four major reporting agencies…

Why Has Housing Supply Increased as Sales Have Slowed Down?
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Why Has Housing Supply Increased as Sales Have Slowed Down?

ByAmalya Realty Group

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. For over three years leading up to this point, the exact opposite…

5 Tips When Buying a Newly Constructed Home
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5 Tips When Buying a Newly Constructed Home

ByAmalya Realty Group

The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering…

House-Buying Power at Near-Historic Levels
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House-Buying Power at Near-Historic Levels

ByAmalya Realty Group

We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at “near-historic levels.” Their index is based…

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]
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Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]

ByAmalya Realty Group

  Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers. 77% of buyer’s agents…