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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2022 Housing Market Forecast [INFOGRAPHIC]

By Richard Wamsat | May 6, 2022

Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs. Let’s connect so you can make your best move this year.

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Three Tips for First-Time Homebuyers

By Richard Wamsat | May 5, 2022

Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to save, and where to […]

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Your House Could Be Closer to List-Ready Than You Think

By Richard Wamsat | May 4, 2022

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of recent sellers from realtor.com finds that many were able to […]

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Things That Could Help You Win a Bidding War on a Home

By Richard Wamsat | May 3, 2022

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how that breaks down state-by-state (see map below): The same report […]

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Today’s Home Price Appreciation Is Great News for Existing Homeowners

By Richard Wamsat | May 2, 2022

  If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations, buyers are willing […]

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Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

By Richard Wamsat | Apr 29, 2022

Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house ready to sell, let’s connect to discuss what […]

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What You Need To Know About Selling in a Sellers’ Market

By Richard Wamsat | Apr 28, 2022

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in a sellers’ market really […]

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The Dream of Homeownership Is Worth the Effort

By Richard Wamsat | Apr 27, 2022

If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful that: “Nearly three in […]

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How Homeownership Can Help Shield You from Inflation

By Richard Wamsat | Apr 26, 2022

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to […]

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