Richard’s Blog

Are There More Homes Coming to the Market?

By Richard Wamsat | May 11, 2022

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent data […]

Will Home Prices Fall This Year? Here’s What Experts Say.

By Richard Wamsat | May 10, 2022

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices? Home prices have seen 121 consecutive months of year-over-year increases. CoreLogic says: “Price appreciation […]

How Today’s Mortgage Rates Impact Your Home Purchase

By Richard Wamsat | May 9, 2022

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so does […]

2022 Housing Market Forecast [INFOGRAPHIC]

By Richard Wamsat | May 6, 2022

Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs. Let’s connect so you can make your best move this year.

Three Tips for First-Time Homebuyers

By Richard Wamsat | May 5, 2022

Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to save, and where to […]

Your House Could Be Closer to List-Ready Than You Think

By Richard Wamsat | May 4, 2022

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of recent sellers from realtor.com finds that many were able to […]

Things That Could Help You Win a Bidding War on a Home

By Richard Wamsat | May 3, 2022

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how that breaks down state-by-state (see map below): The same report […]

Today’s Home Price Appreciation Is Great News for Existing Homeowners

By Richard Wamsat | May 2, 2022

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations, buyers are willing […]

Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

By Richard Wamsat | Apr 29, 2022

Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house ready to sell, let’s connect to discuss what […]

Richard Wamsat’s Real Estate News & Views

Are There More Homes Coming to the Market?

Will Home Prices Fall This Year? Here’s What Experts Say.

How Today’s Mortgage Rates Impact Your Home Purchase

2022 Housing Market Forecast [INFOGRAPHIC]

Three Tips for First-Time Homebuyers

Your House Could Be Closer to List-Ready Than You Think

Things That Could Help You Win a Bidding War on a Home

Today’s Home Price Appreciation Is Great News for Existing Homeowners

Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

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