Richard’s Blog

Is It Enough To Offer Asking Price in Today’s Housing Market?

By Richard Wamsat | Apr 25, 2022

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would then negotiate […]

Why Pre-Approval Is an Important Step for Today’s Homebuyers

By Richard Wamsat | Apr 22, 2022

Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check out your personal finances […]

Is It Time To Buy a Smaller Home?

By Richard Wamsat | Apr 18, 2022

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that […]

What Is Multigenerational Housing? [INFOGRAPHIC]

By Richard Wamsat | Apr 15, 2022

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes […]

On the Fence of Whether or Not To Move This Spring? Consider This.

By Richard Wamsat | Apr 14, 2022

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data. Today, there are far […]

Where Are Mortgage Rates Headed?

By Richard Wamsat | Apr 13, 2022

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” […]

Why a Real Estate Professional Is Key When Selling Your House

By Richard Wamsat | Apr 12, 2022

With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their […]

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

By Richard Wamsat | Apr 11, 2022

If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either way, any money […]

Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]

By Richard Wamsat | Apr 8, 2022

Some Highlights If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300. Ready to sell? Let’s connect to talk about how you can use that […]

Richard Wamsat’s Real Estate News & Views

Is It Enough To Offer Asking Price in Today’s Housing Market?

Why Pre-Approval Is an Important Step for Today’s Homebuyers

Is It Time To Buy a Smaller Home?

What Is Multigenerational Housing? [INFOGRAPHIC]

On the Fence of Whether or Not To Move This Spring? Consider This.

Where Are Mortgage Rates Headed?

Why a Real Estate Professional Is Key When Selling Your House

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]

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