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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Thank You for Your Support

By Richard Wamsat | Nov 28, 2019

Content previously posted on Keeping Current Matters

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Tips to Sell Your Home Faster

By Richard Wamsat | Nov 27, 2019

When selling your house, there are a few key things you can prioritize to have the greatest impact for a faster sale: 1. Make Buyers Feel at Home Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make buyers feel like they belong in the house. According to the 2019 Profile […]

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The True Cost of Not Owning Your Home

By Richard Wamsat | Nov 26, 2019

There are great advantages to owning a home, yet many people continue to rent. The financial benefits are just some of the reasons why homeownership has been a part of the long-standing American dream. Realtor.com reported that: “Buying remains the more attractive option in the long term – that remains the American dream, and it’s […]

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Gift

7 Reasons to List Your House This Holiday Season

By Richard Wamsat | Nov 25, 2019

Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the […]

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Today

The Cost Across Time [INFOGRAPHIC]

By Richard Wamsat | Nov 22, 2019

Some Highlights: With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low! According to Freddie Mac, rates are projected to increase to 3.9% by this time next year. The impact your interest rate has on your monthly mortgage payment […]

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Today

The Cost Across Time [INFOGRAPHIC]

By Richard Wamsat | Nov 22, 2019

Some Highlights: With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low! According to Freddie Mac, rates are projected to increase to 3.9% by this time next year. The impact your interest rate has on your monthly mortgage payment […]

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How Long Can This Economic Recovery Last?

By Richard Wamsat | Nov 21, 2019

The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to reaccelerate. This begs the question: How long can this economic recovery last? The Wall Street Journal (WSJ) Survey of Economists recently called for […]

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Buyers Are Looking Now. Are You Ready to List Your Home?

By Richard Wamsat | Nov 20, 2019

Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:With inventory being one of the biggest housing market challenges today, finding a starter home […]

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Expert Advice: 3 Benefits to Owning a Home

By Richard Wamsat | Nov 19, 2019

Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your income “While it is […]

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