Richard’s Blog

Are Home Prices Continuing To Rise?

By Richard Wamsat | Mar 3, 2022

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% S&P Case-Shiller: […]

Down Payment Assistance Programs Can Help You Achieve Homeownership

By Richard Wamsat | Mar 2, 2022

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For first-time home […]

An Expert Advisor Will Give You the Best Advice in Today’s Market

By Richard Wamsat | Mar 1, 2022

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side, they’re essential. Today’s housing market is full of extremes. Experts project mortgage rates will […]

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 […]

Richard Wamsat’s Real Estate News & Views

Are Home Prices Continuing To Rise?

Down Payment Assistance Programs Can Help You Achieve Homeownership

An Expert Advisor Will Give You the Best Advice in Today’s Market

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

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