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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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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Are More Homeowners Selling as Mortgage Rates Come Down?

By Richard Wamsat | Jan 24, 2024

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really limited the options […]

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Experts Project Home Prices Will Increase in 2024

By Richard Wamsat | Jan 23, 2024

Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are dealing with that fear, and you might be, […]

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3 Must-Do’s When Selling Your House in 2024

By Richard Wamsat | Jan 20, 2024

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices […]

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