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 Truth About Negative Home Equity Headlines

By Richard Wamsat | Jan 10, 2023

Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening and at what scale. […]

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What Experts Are Saying About the 2023 Housing Market

By Richard Wamsat | Jan 9, 2023

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? An article from HousingWire offers this […]

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Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC]

By Richard Wamsat | Jan 6, 2023

Some Highlights If you’re planning to buy a home in 2023, here are a few things to focus on. Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them. Let’s connect so you have expert advice on how to reach your homebuying goals this year.

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3 Best Practices for Selling Your House This Year

By Richard Wamsat | Jan 5, 2023

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and ensure you’re feeling confident […]

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Avoid the Rental Trap in 2023

By Richard Wamsat | Jan 4, 2023

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both current […]

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Wondering How Much You Need To Save for a Down Payment?

By Richard Wamsat | Jan 3, 2023

If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process harder than it could be. Understand 20% Isn’t […]

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What Are Your Goals in the Housing Market This Year?

By Richard Wamsat | Jan 2, 2023

If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation had a big impact on the economy, the housing market, […]

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Here’s to a Wonderful 2023!

By Richard Wamsat | Jan 1, 2023
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Planning To Sell Your House? It’s Critical To Hire a Pro.

By Richard Wamsat | Dec 29, 2022

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market […]

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