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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Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]

By Richard Wamsat | Dec 6, 2019

Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong. More and more “old millennials” (ages 25-36) are […]

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Piggy bank with a house print

What is the Best Investment for Americans?

By Richard Wamsat | Dec 5, 2019

Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans: “What do you believe is the safest investment over the next 10 years?” U.S. housing […]

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Family with their toddlers

Is A Bigger House Within Your Budget?

By Richard Wamsat | Dec 4, 2019

At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call home? You may have enough […]

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Family with their toddlers

Is A Bigger House Within Your Budget?

By Richard Wamsat | Dec 4, 2019

At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call home? You may have enough […]

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Kid playing on his small house

It’s ‘National Roof Over Your Head’ Day!

By Richard Wamsat | Dec 3, 2019

Did you know that each year in the United States, we celebrate “National Roof Over Your Head Day” on December 3rd? As noted on the National Calendar, it was “created as a day to be thankful for what you have, starting with the roof over your head. There are many things that we have that […]

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Kid playing on his small house

It’s ‘National Roof Over Your Head’ Day!

By Richard Wamsat | Dec 3, 2019

Did you know that each year in the United States, we celebrate “National Roof Over Your Head Day” on December 3rd? As noted on the National Calendar, it was “created as a day to be thankful for what you have, starting with the roof over your head. There are many things that we have that […]

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Holding wants while holding cup of coffee

5 Reasons to Sell This Winter

By Richard Wamsat | Dec 2, 2019

Below are five compelling reasons to list your house this winter. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right […]

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Holding wants while holding cup of coffee

5 Reasons to Sell This Winter

By Richard Wamsat | Dec 2, 2019

Below are five compelling reasons to list your house this winter. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right […]

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Buyers Are Looking For Your Home [INFOGRAPHIC]

By Richard Wamsat | Nov 29, 2019

Some Highlights: Existing Home Sales are currently at an annual pace of 5.46 million. The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply. Inventory remains low due to high demand from buyers who are still looking for a house to […]

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