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

Senior couple happy together while opening a box

Homeowners: Now Is A Good Time To Sell Your House

By Richard Wamsat | Apr 16, 2019

Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared […]

Read More
Question mark symbol

3 Questions You Need To Ask Before Buying A Home

By Richard Wamsat | Apr 15, 2019

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following three questions to help […]

Read More
Paper animals

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]

By Richard Wamsat | Apr 12, 2019

Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit score on approved loans continues to fall across many […]

Read More
House model

Home Value Appreciation Stops Falling, Begins to Stabilize

By Richard Wamsat | Apr 11, 2019

The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National Association of Realtors’ Economists’ Outlook Blog, it was revealed that Realtors are starting […]

Read More
Arrow pointing up

Home Buyer Demand Will Be Strong for Years to Come

By Richard Wamsat | Apr 10, 2019

There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true for some millennials, more and more research has surfaced that shows for the vast […]

Read More
Sleeping woman while dog leaning on her

Why Pet-Friendly Homes Are in High Demand

By Richard Wamsat | Apr 9, 2019

One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that have a pet! If you are one of the […]

Read More
Senior couple with their grandchildren

What to Consider When Choosing Your Home To Retire In

By Richard Wamsat | Apr 8, 2019

As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in […]

Read More
20190405-Share-KCM-549×300

Your Home’s Spring Maintenance Checklist [INFOGRAPHIC]

By Richard Wamsat | Apr 5, 2019

Some Highlights: Every spring, your home needs some extra TLC! Whether you plan on selling your home this spring or not, conducting this maintenance will help ensure your home functions well for the rest of the year. If you need help finding professionals who can assist you with this checklist, we can provide you with […]

Read More
Kid showing 3 fingers

3 Graphs that Show What You Need to Know About Today’s Real Estate Market

By Richard Wamsat | Apr 4, 2019

The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what’s really going on with interest rates and home prices! The best way to show what’s really going on in today’s real estate market is to go […]

Read More