Richard’s Blog

Millennials: Do You Need a Home with More Space?

By Richard Wamsat | Feb 28, 2022

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who […]

The Difference Between Renting and Owning [INFOGRAPHIC]

By Richard Wamsat | Feb 25, 2022

Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options, remember that owning a home […]

The #1 Reason To Sell Your House Today

By Richard Wamsat | Feb 24, 2022

Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is very strong right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report which reveals that sales surged in January. Existing home sales rose to […]

How Supply and Demand Can Impact Your Buying and Selling Goals

By Richard Wamsat | Feb 23, 2022

In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that drives […]

The Perks of Owning More Than One Home

By Richard Wamsat | Feb 22, 2022

Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing: “As trends such as remote working and flexi-hours took hold in 2021, so too did the flexibility of relocating as well […]

Real Estate Voted the Best Investment Eight Years in a Row

By Richard Wamsat | Feb 21, 2022

In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a home this year, this […]

What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

By Richard Wamsat | Feb 18, 2022

Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying […]

4 Simple Graphs Showing Why This Is Not a Housing Bubble

By Richard Wamsat | Feb 17, 2022

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the […]

More People Are Planning To Buy a Home Soon

By Richard Wamsat | Feb 16, 2022

While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as […]

Richard Wamsat’s Real Estate News & Views

Millennials: Do You Need a Home with More Space?

The Difference Between Renting and Owning [INFOGRAPHIC]

The #1 Reason To Sell Your House Today

How Supply and Demand Can Impact Your Buying and Selling Goals

The Perks of Owning More Than One Home

Real Estate Voted the Best Investment Eight Years in a Row

What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

4 Simple Graphs Showing Why This Is Not a Housing Bubble

More People Are Planning To Buy a Home Soon

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