Richard Wamsat’s Real Estate News & Views

Local market updates, buyer and seller tips, and homeowner resources for Orange County and Irvine.

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Homebuyers Are Still More Active Than Usual

By Richard Wamsat | Jul 27, 2023

Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today. The ShowingTime Showing Index is a measure of how much buyers are touring homes. The graph below uses that index […]

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Perfect Neighbourhood

Tips for Making Your Best Offer on a Home

By Richard Wamsat | Jul 26, 2023

While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may still come up against […]

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Tips for Making Your Best Offer on a Home

By Richard Wamsat | Jul 26, 2023

While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may still come up against […]

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Young Woman Using Smartphone While Working With Laptop At Home In The Dark

Don’t Fall for the Next Shocking Headlines About Home Prices

By Richard Wamsat | Jul 25, 2023

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re basing their negative news by comparing current stats to the last few […]

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Don’t Fall for the Next Shocking Headlines About Home Prices

By Richard Wamsat | Jul 25, 2023

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re basing their negative news by comparing current stats to the last few […]

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Model house on leaves

Foreclosure Numbers Today Aren’t Like 2008

By Richard Wamsat | Jul 24, 2023

If you’ve been keeping up with the news lately, you’ve probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you’re considering buying a home. It’s important to understand the context of these reports to know the truth about what’s happening today. […]

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Foreclosure Numbers Today Aren’t Like 2008

By Richard Wamsat | Jul 24, 2023

If you’ve been keeping up with the news lately, you’ve probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you’re considering buying a home. It’s important to understand the context of these reports to know the truth about what’s happening today. […]

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Real Estate Continues To Be the Best Investment [INFOGRAPHIC]

By Richard Wamsat | Jul 21, 2023

  Some Highlights According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more. Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on. Let’s connect […]

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Real Estate Continues To Be the Best Investment [INFOGRAPHIC]

By Richard Wamsat | Jul 21, 2023

  Some Highlights According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more. Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on. Let’s connect […]

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