Richard’s Blog

What Lower Mortgage Rates Mean for Your Purchasing Power

By Richard Wamsat | Jan 8, 2024

If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below): This recent trend is great news for buyers. As […]

Achieving Your Homebuying Dreams in 2024 [INFOGRAPHIC]

By Richard Wamsat | Jan 5, 2024

Some Highlights Planning to buy a home in 2024? Here’s what to focus on. Improve your credit score, plan for your down payment, get pre-approved, and decide what’s most important to you. Let’s connect so you have expert advice on how to achieve your homebuying goals this year.

Why Pre-Approval Is Your Homebuying Game Changer

By Richard Wamsat | Jan 4, 2024

If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this essential step. Here’s why. While home […]

Thinking About Buying a Home? Ask Yourself These Questions

By Richard Wamsat | Jan 3, 2024

If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, the list goes on and on. Most likely, home prices and mortgage rates are coming up […]

Things To Consider If Your House Didn’t Sell

By Richard Wamsat | Jan 2, 2024

If your listing has expired and your house didn’t sell, it’s completely normal to feel a mix of frustration and disappointment. Understandably, you’re probably wondering what may have gone wrong. Here are three questions to think about as you figure out what to do next. Did You Limit Access to Your House? One of the biggest […]

3 Keys To Hitting Your Homeownership Goals in 2024

By Richard Wamsat | Jan 1, 2024

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why […]

Your Home Equity Can Offset Affordability Challenges

By Richard Wamsat | Sep 19, 2023

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates are high right now, so is home equity. Here’s […]

Are More Homes Coming onto the Market?

By Richard Wamsat | Sep 18, 2023

An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But there are some early signs that more listings […]

The Disneyland of Sporting Goods Stores: Bass Pro Shops’ Construction is Underway in Irvine

By Richard Wamsat | Sep 15, 2023

As a seasoned real estate agent in Irvine, I’ve witnessed our city’s dynamic evolution and growth firsthand. Today, I’m thrilled to share the latest development that’s creating a buzz in our community: the construction of Bass Pro Shops right here in Irvine! Construction crews have been hard at work converting the old Walmart box store […]

Richard Wamsat’s Real Estate News & Views

What Lower Mortgage Rates Mean for Your Purchasing Power

Achieving Your Homebuying Dreams in 2024 [INFOGRAPHIC]

Why Pre-Approval Is Your Homebuying Game Changer

Thinking About Buying a Home? Ask Yourself These Questions

Things To Consider If Your House Didn’t Sell

3 Keys To Hitting Your Homeownership Goals in 2024

Your Home Equity Can Offset Affordability Challenges

Are More Homes Coming onto the Market?

The Disneyland of Sporting Goods Stores: Bass Pro Shops’ Construction is Underway in Irvine

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