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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7 Strategies for a 2020 Open House [INFOGRAPHIC]

By Richard Wamsat | Jun 19, 2020

Some Highlights Buyer interest is high right now, so this summer is a great time to sell your house. Here are 7 strategies to help make your house showing a safe and effective one. Let’s connect today to get your house on the market while buying is hot. Content previously posted on Keeping Current Matters […]

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Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

By Richard Wamsat | Jun 18, 2020

One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain. The report notes: “CoreLogic […]

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Clouds in the sky

Is the Economic Recovery Already Underway?

By Richard Wamsat | Jun 17, 2020

The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of […]

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Three Reasons Homebuyers Are Ready to Purchase This Year

By Richard Wamsat | Jun 16, 2020

A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see […]

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Real Estate Tops Best Investment Poll for 7th Year Running

By Richard Wamsat | Jun 15, 2020

Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains […]

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Summer is the New Spring for Real Estate [INFOGRAPHIC]

By Richard Wamsat | Jun 12, 2020

Some Highlights The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer. Check these 10 items off your to-do list so your house is ready to sell while buying is hot! Let’s connect today to prepare your house for the sizzling summer market. […]

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Richard Will Protect You During The Home Buying Process

By Richard Wamsat | Jun 11, 2020

Richard’s experience, handy knowledge and critical thinking helped to solve problems identified during inspection and saved significant amount of money for us.
~The Zagreba Family

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Keys

Are You Ready for the Summer Housing Market?

By Richard Wamsat | Jun 11, 2020

As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly impacted the number of homes for sale and slowed the […]

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Umbrella

Is a Recession Here? Yes. Does that Mean a Housing Crash? No.

By Richard Wamsat | Jun 10, 2020

On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and […]

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