Richard’s Blog

Sellers Have an Opportunity with Today’s Home Prices

By Richard Wamsat | May 24, 2022

As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data from CoreLogic, home price appreciation has […]

Work With a Real Estate Professional if You Want the Best Advice

By Richard Wamsat | May 23, 2022

Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation. An Expert Will Give You the Best Advice Possible Let’s say you need […]

Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC]

By Richard Wamsat | May 20, 2022

Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts say owning a home is historically a good hedge […]

The One Thing Every Homeowner Needs To Know About a Recession

By Richard Wamsat | May 19, 2022

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: “A recession is […]

How Homeownership Can Bring You Joy

By Richard Wamsat | May 18, 2022

If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own. If you […]

Why Rising Mortgage Rates Push Buyers off the Fence

By Richard Wamsat | May 17, 2022

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re either making the decision to […]

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

By Richard Wamsat | May 16, 2022

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy before mortgage rates rise more To buy […]

Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]

By Richard Wamsat | May 13, 2022

Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If you’re thinking about selling your house, let’s connect so you have expert advice that’s customized to your home and […]

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

By Richard Wamsat | May 12, 2022

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were […]

Richard Wamsat’s Real Estate News & Views

Sellers Have an Opportunity with Today’s Home Prices

Work With a Real Estate Professional if You Want the Best Advice

Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC]

The One Thing Every Homeowner Needs To Know About a Recession

How Homeownership Can Bring You Joy

Why Rising Mortgage Rates Push Buyers off the Fence

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

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