Richard’s Blog

The Future of Home Price Appreciation and What It Means for You

By Richard Wamsat | Apr 7, 2022

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week […]

Remote Work Trends Mean Flexibility for First-Time Homebuyers

By Richard Wamsat | Apr 6, 2022

Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year. In a recent report, Arch Capital Services explains how the ongoing trend of remote […]

What You Need To Budget for When Buying a Home

By Richard Wamsat | Apr 5, 2022

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll need […]

Balancing Your Wants and Needs as a Homebuyer Today

By Richard Wamsat | Apr 4, 2022

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist for realtor.com, explains it like this: […]

It’s Still a Sellers’ Market [INFOGRAPHIC]

By Richard Wamsat | Apr 1, 2022

Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss out on this unique opportunity. Let’s connect so you can take […]

There Are Several Great Reasons To Consider Buying a Condo Today

By Richard Wamsat | Mar 31, 2022

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add Options That Fit Your Budget Supply challenges are a […]

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

By Richard Wamsat | Mar 30, 2022

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was steady compared to […]

A Key To Building Wealth Is Homeownership

By Richard Wamsat | Mar 28, 2022

The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve as a vital component in achieving […]

How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]

By Richard Wamsat | Mar 25, 2022

Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar panels. If you’re planning to buy a home this year, […]

Richard Wamsat’s Real Estate News & Views

The Future of Home Price Appreciation and What It Means for You

Remote Work Trends Mean Flexibility for First-Time Homebuyers

What You Need To Budget for When Buying a Home

Balancing Your Wants and Needs as a Homebuyer Today

It’s Still a Sellers’ Market [INFOGRAPHIC]

There Are Several Great Reasons To Consider Buying a Condo Today

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

A Key To Building Wealth Is Homeownership

How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]

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