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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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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Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

By Richard Wamsat | Dec 28, 2022

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and […]

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Confused About What’s Going on in the Housing Market? Lean on a Professional.

By Richard Wamsat | Dec 27, 2022

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for […]

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Financial Fundamentals for First-Time Homebuyers

By Richard Wamsat | Dec 26, 2022

Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home. Build Your Credit Your credit is one […]

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Thank You for All of Your Support

By Richard Wamsat | Dec 23, 2022
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What Makes a House a Home?

By Richard Wamsat | Dec 22, 2022

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories with loved ones at the […]

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What To Expect From the Housing Market in 2023

By Richard Wamsat | Dec 21, 2022

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This […]

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