Richard Wamsat

Broker Associate | REALTOR®

Richard Wamsat, Broker Associate, Realtor® (DRE#01345167) has been representing clients for over 20 years in all price ranges, from condos to mansions, and from first-time homebuyers to seasoned investors. In 2013, Richard sought out RENI, a member of the Harvard Program on negotiation, to enhance his negotiation skills on behalf of his clients. As a result, he earned the prestigious designation of Master Certified Negotiation Expert (MCNE). Only a fraction of real estate agents nationwide have attained this distinction. While Richard cannot guarantee a deal that's too good to be true, his MCNE designation signifies that he has the knowledge and skills to safeguard your interests during the negotiation process.

Father and son lying on the floor at home arm wrestling

How Much Leverage Do Today’s House Sellers Have?

By Richard Wamsat | February 24, 2021

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory of homes available for […]

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The Reason Mortgage Rates Are Projected to Increase and What It Means for You

By Richard Wamsat | February 23, 2021

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there are no guarantee rates will remain this low much longer. Whenever we […]

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Where Have All the Houses Gone?

By Richard Wamsat | February 22, 2021

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage […]

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Home Mortgage Rates by Decade [INFOGRAPHIC]

By Richard Wamsat | February 19, 2021

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever. […]

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Contact Me

Phone: 949-864-6933
Email: richard@wamsat.com
Website: www.ocLUXEhomes.com
CalRE #: 01345167

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