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

Young couple in front of their new home

The Feeling You Get from Owning Your Home

By Richard Wamsat | Jun 5, 2019

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain […]

Read More
20190604-Share-KCM-549×300

How Homeownership Delivers Unsurpassed Family Wealth

By Richard Wamsat | Jun 4, 2019

There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and information on how homeownership contributes to individual and community success. Their article, […]

Read More
Couple sitting in front of their home

4 Reasons to Buy A Home This Summer

By Richard Wamsat | Jun 3, 2019

Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year. […]

Read More
Young woman and senior woman hugging each other

The Top Reasons to Own Your Home [INFOGRAPHIC]

By Richard Wamsat | May 31, 2019

Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home? Content previously posted on Keeping Current Matters

Read More
""

The Ultimate Truth about Housing Affordability

By Richard Wamsat | May 30, 2019

There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces […]

Read More
Grand father hugging his grand daughter and grand son

Multigenerational Homes Are on the Rise

By Richard Wamsat | May 29, 2019

As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in the U.S. is 78 years old!  As […]

Read More
Light bulb and coins

2 Things You Need to Know to Properly Price Your Home

By Richard Wamsat | May 28, 2019

In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly. In the mind of the homeowner, annual home price […]

Read More
American flag

All Gave Some. Some Gave All.

By Richard Wamsat | May 27, 2019

We remember, today and always. Content previously posted on Keeping Current Matters

Read More
Sofa set

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]

By Richard Wamsat | May 24, 2019

Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers. 77% of […]

Read More