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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Three Things to Understand About Unemployment Statistics

By Richard Wamsat | Jun 4, 2020

Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they will return to […]

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Houses

Is it Time to Sell Your Vacation Home?

By Richard Wamsat | Jun 3, 2020

The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who rent their secondary properties on their own or through programs […]

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Coins with toy model house sitting on top

Home Prices: It’s All About Supply and Demand

By Richard Wamsat | Jun 2, 2020

As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come. Making our way through the month of […]

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The Benefits of Homeownership May Reach Further Than You Think

By Richard Wamsat | Jun 1, 2020

More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are […]

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Zagreba Family Drawing

We are loving the new house.

By Richard Wamsat | May 29, 2020

Dear Richard,
We are loving the new house. Thank you for helping find it!
Best Regards,
~The Zagreba Family

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Top Reasons to Own Your Home

Top Reasons to Own Your Home [INFOGRAPHIC]

By Richard Wamsat | May 29, 2020

Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a position to buy, homeownership might help you find the stability, community, and comfort you’ve been searching for this year. Let’s connect today to determine if homeownership is the right next […]

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Economists Forecast Recovery to Begin in the Second Half of 2020

By Richard Wamsat | May 28, 2020

With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are […]

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Why This Summer Is the 2020 Real Estate Season

By Richard Wamsat | May 27, 2020

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new […]

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Buying or Selling a Home? You Need an Expert Kind of Guide

By Richard Wamsat | May 26, 2020

In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to […]

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