Richard’s Blog

Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC]

By Richard Wamsat | Mar 17, 2023

Some Highlights Today’s housing market is different than it was in 2008. Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity. If you’re concerned about a crash, meet with a local real estate professional to discuss why this isn’t like last time.

What Buyer Activity Tells Us About the Housing Market

By Richard Wamsat | Mar 16, 2023

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can […]

Balancing Your Wants and Needs as a Homebuyer This Spring

By Richard Wamsat | Mar 15, 2023

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% […]

An Expert Gives You Clarity in Today’s Housing Market

By Richard Wamsat | Mar 14, 2023

The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide clarity […]

Leverage Your Equity When You Sell Your House

By Richard Wamsat | Mar 13, 2023

One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: “Home equity is the portion of your […]

Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

By Richard Wamsat | Mar 10, 2023

Some Highlights If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.

4 Tips for Making Your Best Offer on a Home

By Richard Wamsat | Mar 9, 2023

Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer. 1.Lean on a Real Estate Professional Rely on an agent […]

2 Things Sellers Need To Know This Spring

By Richard Wamsat | Mar 8, 2023

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and […]

Could a Multigenerational Home Be the Right Fit for You?

By Richard Wamsat | Mar 7, 2023

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home where families live in the same home with […]

Richard Wamsat’s Real Estate News & Views

Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC]

What Buyer Activity Tells Us About the Housing Market

Balancing Your Wants and Needs as a Homebuyer This Spring

An Expert Gives You Clarity in Today’s Housing Market

Leverage Your Equity When You Sell Your House

Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

4 Tips for Making Your Best Offer on a Home

2 Things Sellers Need To Know This Spring

Could a Multigenerational Home Be the Right Fit for You?

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