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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Feeling Stuck in Your Low Mortgage Rate?

By Richard Wamsat | Dec 4, 2025

Orange County home sellers with ultra-low mortgage rates often feel stuck, even when their homes no longer fit their lives. This post walks through local data, equity, and lifestyle questions to help you decide whether moving up in OC makes sense.

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Single story home with grass front yard

How To Find A Great Deal On A Home In Orange County Right Now

By Richard Wamsat | Dec 3, 2025

Want to find the best deal on a home right now? The secret is targeting listings that have been sitting on the market, where sellers are often more flexible and open to negotiation. Learn how to work with your agent to spot price cuts, identify motivated sellers, and use smart tactics to save thousands while still getting the home you love.

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Why Buying a Home Still Pays Off in the Long Run

By Richard Wamsat | Nov 26, 2025

Homeownership builds equity and compounds appreciation over time. Renting may look cheaper month-to-month, but it creates no wealth. Historically, long-term owners grow net worth faster than renters, even after taxes, insurance, and maintenance.

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The Housing Market Is Turning a Corner Going into 2026

By Richard Wamsat | Nov 17, 2025

The housing market is turning a corner for 2026. Rates are easing, more sellers are listing, and buyer demand is rebounding, laying groundwork for 2026 growth.

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Home Prices Aren’t Declining, But Headlines Might Make You Think They Are

By Richard Wamsat | Jun 12, 2024

Wondering why headlines about home price drops are misleading? Discover the truth behind recent real estate trends. While more homes are reducing their asking prices, overall home values continue to rise. Learn the difference between asking prices and sold prices, and understand how market adjustments are benefiting both buyers and sellers. Stay informed about the current housing market and make confident real estate decisions.

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The Spring Market Is a Sweet Spot if You’re Looking To Sell [INFOGRAPHIC]

By Richard Wamsat | Mar 8, 2024

Some Highlights Wondering if now’s a good time to sell your house? Based on how many homes are on the market, there are two big reasons why this spring is looking so good for sellers. Thanks to an uptick in inventory over last year, you’ve got more options for your next home. But there are still fewer homes for sale […]

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Will a Silver Tsunami Change the 2024 Housing Market in Orange County?

By Richard Wamsat | Jan 29, 2024

Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market. What Does Silver Tsunami Mean? A recent article from HousingWire calls it: “. . . […]

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Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

By Richard Wamsat | Jan 26, 2024

  Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting better.

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The Top Benefits of Buying a Multi-Generational Home

By Richard Wamsat | Jan 25, 2024

Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to see if a home like this […]

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