Richard’s Blog

What You Need To Know About Selling in a Sellers’ Market

By Richard Wamsat | Apr 28, 2022

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in a sellers’ market really […]

The Dream of Homeownership Is Worth the Effort

By Richard Wamsat | Apr 27, 2022

If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful that: “Nearly three in […]

How Homeownership Can Help Shield You from Inflation

By Richard Wamsat | Apr 26, 2022

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to […]

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.” […]

Richard Wamsat’s Real Estate News & Views

What You Need To Know About Selling in a Sellers’ Market

The Dream of Homeownership Is Worth the Effort

How Homeownership Can Help Shield You from Inflation

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?

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