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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Why Today’s Foreclosure Numbers Are Nothing Like 2008

By Richard Wamsat | Apr 27, 2023

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, […]

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Why Today’s Foreclosure Numbers Are Nothing Like 2008

By Richard Wamsat | Apr 27, 2023

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, […]

Read More
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The Three Factors Affecting Home Affordability Today

By Richard Wamsat | Apr 26, 2023

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, […]

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The Three Factors Affecting Home Affordability Today

By Richard Wamsat | Apr 26, 2023

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, […]

Read More

What Are the Experts Saying About the Spring Housing Market?

By Richard Wamsat | Apr 25, 2023

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now. Here’s […]

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What Are the Experts Saying About the Spring Housing Market?

By Richard Wamsat | Apr 25, 2023

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now. Here’s […]

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The Power of Pre-Approval

By Richard Wamsat | Apr 24, 2023

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when […]

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The Power of Pre-Approval

By Richard Wamsat | Apr 24, 2023

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when […]

Read More
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Why You May Want an Energy-Efficient Home [INFOGRAPHIC]

By Richard Wamsat | Apr 21, 2023

  Some Highlights Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home. Energy prices have increased over the last year, so look for energy-efficient features in your home search. If you’re looking to buy a home this year, let’s connect so you have a […]

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