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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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 […]

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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 […]

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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 […]

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Plenty of Buyers Are Still Active Today [INFOGRAPHIC]

By Richard Wamsat | Sep 15, 2023

  Some Highlights Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now. Don’t delay your plan to sell for fear no one is buying. The opposite is true and buyer traffic is […]

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Why Is Housing Inventory So Low?

By Richard Wamsat | Sep 14, 2023

One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why. There aren’t enough homes available for sale, but that shortage isn’t just a […]

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Should Baby Boomers Buy or Rent After Selling Their Houses?

By Richard Wamsat | Sep 13, 2023

Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more space to accommodate your […]

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What Experts Project for Home Prices Over the Next 5 Years

By Richard Wamsat | Sep 12, 2023

If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than expected and are rising across the country. And data shows, experts forecast […]

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Planning to Retire? Your Equity Can Help You Make a Move

By Richard Wamsat | Sep 11, 2023

Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs. Fortunately, you may be in a better position to make a move […]

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The 2023 Fall Guides for Buying or Selling a Home Have Arrived

By Richard Wamsat | Sep 8, 2023

  Are You Thinking About Buying a Home? The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. You may be wondering if now is a good time to buy a home…or if interest rates are projected to rise or fall. The free eGuide  will […]

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