Richard’s Blog

A Key Opportunity for Homebuyers

By Richard Wamsat | Jun 28, 2022

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point. […]

Two Reasons Why Today’s Housing Market Isn’t a Bubble

By Richard Wamsat | Jun 27, 2022

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate […]

Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

By Richard Wamsat | Jun 24, 2022

Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your […]

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

By Richard Wamsat | Jun 23, 2022

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% […]

Things To Avoid After Applying for a Home Loan

By Richard Wamsat | Jun 22, 2022

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for […]

The Average Homeowner Gained $64K in Equity over the Past Year

By Richard Wamsat | Jun 21, 2022

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works. Because […]

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

By Richard Wamsat | Jun 20, 2022

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap in Homeownership Rate in America It’s a more challenging […]

More Listings Are Coming onto the Market [INFOGRAPHIC]

By Richard Wamsat | Jun 17, 2022

Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell. If your biggest question […]

Home Price Deceleration Doesn’t Mean Home Price Depreciation

By Richard Wamsat | Jun 16, 2022

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you may […]

Richard Wamsat’s Real Estate News & Views

A Key Opportunity for Homebuyers

Two Reasons Why Today’s Housing Market Isn’t a Bubble

Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Things To Avoid After Applying for a Home Loan

The Average Homeowner Gained $64K in Equity over the Past Year

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

More Listings Are Coming onto the Market [INFOGRAPHIC]

Home Price Deceleration Doesn’t Mean Home Price Depreciation

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