Richard’s Blog

The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

By Richard Wamsat | Feb 2, 2022

Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates […]

Why a Move Could Bring You More Happiness This Year

By Richard Wamsat | Feb 1, 2022

Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a safe space. If you’ve […]

Owning Is More Affordable than Renting in the Majority of the Country

By Richard Wamsat | Jan 31, 2022

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says: “. . . Owning a median-priced home […]

Why Your Home Inspection Matters [INFOGRAPHIC]

By Richard Wamsat | Jan 28, 2022

Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road. Let’s connect so you have expert advice and a trusted professional […]

Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers

By Richard Wamsat | Jan 27, 2022

If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why. Demand Is Very Strong According […]

Are You a Homeowner Thinking About Climate Change?

By Richard Wamsat | Jan 26, 2022

Americans are more aware than ever of the effects climate change and natural disasters can have on their homes. According to a report from realtor.com: “More than 3 in 4 recent buyers, 78%, took [natural disasters] into account when choosing the locations of their homes, . . .” The study also found that many existing homeowners (34%) have already considered […]

The Next Generation of Homebuyers Is Here

By Richard Wamsat | Jan 25, 2022

Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, the sooner you can move on from renting. As you set off […]

Why Pre-Approval Is Key for Homebuyers in 2022

By Richard Wamsat | Jan 24, 2022

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making an offer. Here’s why. Being intentional and competitive are […]

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

By Richard Wamsat | Jan 21, 2022

Some Highlights According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row. Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can grow in value over time. Let’s […]

Richard Wamsat’s Real Estate News & Views

The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

Why a Move Could Bring You More Happiness This Year

Owning Is More Affordable than Renting in the Majority of the Country

Why Your Home Inspection Matters [INFOGRAPHIC]

Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers

Are You a Homeowner Thinking About Climate Change?

The Next Generation of Homebuyers Is Here

Why Pre-Approval Is Key for Homebuyers in 2022

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

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