Richard’s Blog

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 […]

A Majority of Consumers Say It’s a Good Time To Sell Your House

By Richard Wamsat | Jun 15, 2022

If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right. According to recent data, that sweet spot could […]

Is the Housing Market Correcting?

By Richard Wamsat | Jun 14, 2022

If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what everyone needs to remember is that […]

Richard Wamsat’s Real Estate News & Views

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

A Majority of Consumers Say It’s a Good Time To Sell Your House

Is the Housing Market Correcting?

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