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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Evaluating Your Wants and Needs as a Homebuyer Matters More Today

By Richard Wamsat | Jul 3, 2023

When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. Mortgage rates impact how much it costs to borrow money for your home loan. And, to help offset the higher borrowing costs today, some homebuyers are taking a close look at their wish list and re-evaluating what features […]

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Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC]

By Richard Wamsat | Jun 30, 2023

  Some Highlights An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed in the contracts […]

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Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC]

By Richard Wamsat | Jun 30, 2023

  Some Highlights An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed in the contracts […]

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Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.

By Richard Wamsat | Jun 29, 2023

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory. That means […]

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Hispanic carpenter with a circular saw on rafter at a house under construction

Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.

By Richard Wamsat | Jun 29, 2023

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory. That means […]

Read More
Front porch of house with brown rocking chairs and nobody in traditional american house

Lending Standards Are Not Like They Were Leading Up to the Crash

By Richard Wamsat | Jun 28, 2023

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association (MBA) releases […]

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Front porch of house with brown rocking chairs and nobody in traditional american house

Lending Standards Are Not Like They Were Leading Up to the Crash

By Richard Wamsat | Jun 28, 2023

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association (MBA) releases […]

Read More

Lending Standards Are Not Like They Were Leading Up to the Crash

By Richard Wamsat | Jun 28, 2023

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association (MBA) releases […]

Read More
Young woman jogging in neighborhood with houses in the background.

Why Homeownership Wins in the Long Run

By Richard Wamsat | Jun 27, 2023

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who […]

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