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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3 Graphs To Show This Isn’t a Housing Bubble

By Richard Wamsat | Aug 2, 2022

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, there’s concrete […]

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Why Are People Moving Today?

By Richard Wamsat | Aug 1, 2022

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than they were at the start of […]

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Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC]

By Richard Wamsat | Jul 29, 2022

Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes selling above asking price. If you’re ready to […]

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A Real Estate Professional Helps You Separate Fact from Fiction

By Richard Wamsat | Jul 28, 2022

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk […]

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Want To Buy a Home? Now May Be the Time.

By Richard Wamsat | Jul 27, 2022

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw […]

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A Window of Opportunity for Homebuyers

By Richard Wamsat | Jul 26, 2022

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t a […]

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What’s Causing Ongoing Home Price Appreciation?

By Richard Wamsat | Jul 25, 2022

If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t fall. Here’s a look at two key reasons experts forecast continued price growth: supply […]

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Great News About Housing Inventory [INFOGRAPHIC]

By Richard Wamsat | Jul 22, 2022

Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams. Let’s connect so you have the latest information on […]

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Think Home Prices Are Going To Fall? Think Again

By Richard Wamsat | Jul 21, 2022

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported by strong market fundamentals. […]

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