Richard’s Blog

What Experts Say Will Happen with Home Prices Next Year

By Richard Wamsat | Sep 22, 2022

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price […]

Top Reasons Homeowners Are Selling Their Houses Right Now

By Richard Wamsat | Sep 21, 2022

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of […]

Watching the Stock Market? Check the Value of Your Home for Good News.

By Richard Wamsat | Sep 20, 2022

While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in […]

Will My House Still Sell in Today’s Market?

By Richard Wamsat | Sep 19, 2022

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and […]

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

By Richard Wamsat | Sep 17, 2022

Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious. Connect with a trusted […]

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

By Richard Wamsat | Sep 15, 2022

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close. […]

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

By Richard Wamsat | Sep 14, 2022

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To […]

Three Things Buyers Can Do in Today’s Housing Market

By Richard Wamsat | Sep 13, 2022

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re thinking of buying a […]

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

By Richard Wamsat | Sep 12, 2022

In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling […]

Richard Wamsat’s Real Estate News & Views

What Experts Say Will Happen with Home Prices Next Year

Top Reasons Homeowners Are Selling Their Houses Right Now

Watching the Stock Market? Check the Value of Your Home for Good News.

Will My House Still Sell in Today’s Market?

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

Three Things Buyers Can Do in Today’s Housing Market

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

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