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 Long-Term Benefit of Homeownership

By Richard Wamsat | Oct 5, 2022

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought a home 5, […]

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The Cost of Waiting for Mortgage Rates To Go Down

By Richard Wamsat | Oct 4, 2022

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact […]

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How To Prep Your House for Sale This Fall

By Richard Wamsat | Oct 3, 2022

Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return […]

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

By Richard Wamsat | Sep 30, 2022

Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your […]

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If You’re Thinking of Selling Your House This Fall, Hire a Pro

By Richard Wamsat | Sep 29, 2022

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here […]

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Why You Should Consider Condos as Part of Your Home Search

By Richard Wamsat | Sep 28, 2022

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The […]

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How an Expert Can Help You Understand Inflation & Mortgage Rates

By Richard Wamsat | Sep 27, 2022

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the […]

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The True Strength of Homeowners Today

By Richard Wamsat | Sep 26, 2022

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called […]

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Fall Home Selling Checklist [INFOGRAPHIC]

By Richard Wamsat | Sep 23, 2022

Some Highlights When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. […]

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