Richard’s Blog

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 […]

More Americans Choose Real Estate as the Best Investment Than Ever Before

By Richard Wamsat | Jun 13, 2022

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before. The graph below shows the results of the survey since Gallup began asking the […]

The Top Reasons To Own Your Home [INFOGRAPHIC]

By Richard Wamsat | Jun 10, 2022

Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide financial stability and help you grow your net worth. Are you ready to experience all the […]

Luxury Homes Are in High Demand

By Richard Wamsat | Jun 9, 2022

As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It could be a condo at a […]

Richard Wamsat’s Real Estate News & Views

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?

More Americans Choose Real Estate as the Best Investment Than Ever Before

The Top Reasons To Own Your Home [INFOGRAPHIC]

Luxury Homes Are in High Demand

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