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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Happy Independence Day

By Richard Wamsat | Jul 4, 2022
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Real Estate Consistently Voted Best Investment [INFOGRAPHIC]

By Richard Wamsat | Jul 1, 2022

Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable and secure asset that can grow in value over time. If you’re ready to buy […]

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If You’re Selling Your House This Summer, Hiring a Pro Is Critical

By Richard Wamsat | Jun 30, 2022

It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But 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 […]

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Homeownership Could Be in Reach with Down Payment Assistance Programs

By Richard Wamsat | Jun 29, 2022

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment assistance programs available that […]

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A Key Opportunity for Homebuyers

By Richard Wamsat | Jun 28, 2022

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point. […]

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Two Reasons Why Today’s Housing Market Isn’t a Bubble

By Richard Wamsat | Jun 27, 2022

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate […]

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Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

By Richard Wamsat | Jun 24, 2022

Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your […]

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Homeownership Is a Great Hedge Against the Impact of Rising Inflation

By Richard Wamsat | Jun 23, 2022

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% […]

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Things To Avoid After Applying for a Home Loan

By Richard Wamsat | Jun 22, 2022

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for […]

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