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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Leverage Your Equity When You Sell Your House

By Richard Wamsat | Mar 13, 2023

One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: “Home equity is the portion of your […]

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Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

By Richard Wamsat | Mar 10, 2023

Some Highlights If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.

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4 Tips for Making Your Best Offer on a Home

By Richard Wamsat | Mar 9, 2023

Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer. 1.Lean on a Real Estate Professional Rely on an agent […]

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2 Things Sellers Need To Know This Spring

By Richard Wamsat | Mar 8, 2023

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and […]

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Could a Multigenerational Home Be the Right Fit for You?

By Richard Wamsat | Mar 7, 2023

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home where families live in the same home with […]

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Is It Really Better To Rent Than To Own a Home Right Now?

By Richard Wamsat | Mar 6, 2023

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. A lot of the time, these reports are assuming things that aren’t realistic for the average […]

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Where Will You Go After You Sell Your House? [INFOGRAPHIC]

By Richard Wamsat | Mar 3, 2023

Some Highlights If you’re thinking of selling your house, be sure to explore all the options you have for your next home. Both newly built homes and existing homes offer plenty of unique benefits. If you have questions about the options in our area, let’s discuss what’s available and what’s right for you.

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Equity Gains for Today’s Homeowners

By Richard Wamsat | Mar 2, 2023

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How Equity Has Grown in Recent Years  Because of the imbalance […]

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An Expert Makes All the Difference When You Sell Your House

By Richard Wamsat | Mar 1, 2023

If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. They’re Experts on Market Trends With today’s housing market defined by change, […]

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