Richard Wamsat’s Real Estate News & Views

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

Subscribe

* indicates required

Intuit Mailchimp

""

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 […]

Read More

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 […]

Read More
Woman relaxing with coffee and a book on veranda.

Owning Your Home Helps You Build Wealth

By Richard Wamsat | Jul 20, 2023

You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time. Homeownership Builds Wealth Regardless of Income Level You may […]

Read More

Owning Your Home Helps You Build Wealth

By Richard Wamsat | Jul 20, 2023

You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time. Homeownership Builds Wealth Regardless of Income Level You may […]

Read More
A housing subdivision in the San Francisco Bay Area.

Explaining Today’s Mortgage Rates

By Richard Wamsat | Jul 19, 2023

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between […]

Read More

Back to School in Irvine: A Real Estate Perspective and a Special Giveaway!

By Richard Wamsat | Jul 19, 2023

As the summer sun begins to wane, the anticipation of a new school year is palpable in the air. Families in Irvine are gearing up for another exciting academic year, and as a real estate expert in the area, I’m here to provide some insights on how this impacts our local real estate market. But […]

Read More

Explaining Today’s Mortgage Rates

By Richard Wamsat | Jul 19, 2023

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between […]

Read More

Homebuyers Are Getting Used to the New Normal

By Richard Wamsat | Jul 18, 2023

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal. To better understand what’s been happening with mortgage rates lately, the graph below shows the […]

Read More
Figures of residential buildings and an easel with real estate market recovery trend chart. Value and cost. Increased interest and demand for housing after price reduction. Investment revitalization

Home Prices Are Rebounding

By Richard Wamsat | Jul 17, 2023

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, but that’s because we’re comparing to a ‘unicorn’ year when prices peaked well […]

Read More