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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What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

By Richard Wamsat | Feb 18, 2022

Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying […]

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4 Simple Graphs Showing Why This Is Not a Housing Bubble

By Richard Wamsat | Feb 17, 2022

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the […]

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More People Are Planning To Buy a Home Soon

By Richard Wamsat | Feb 16, 2022

While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as […]

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What Every Seller Needs To Know About Renovating This Year

By Richard Wamsat | Feb 15, 2022

If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things […]

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Are You Ready To Fall in Love with Homeownership?

By Richard Wamsat | Feb 14, 2022

Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes. When you own your home, you likely feel a sense of emotional attachment because of the comfort it provides, but also because it’s a […]

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How To Win as a Buyer in a Sellers’ Market [INFOGRAPHIC]

By Richard Wamsat | Feb 11, 2022

Some Highlights Even in today’s sellers’ market, there are still ways for buyers to win big. Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by getting a pre-approval letter and leaning on your expert advisors to draft a winning offer. In a sellers’ market, […]

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Want Top Dollar for Your House? Now’s the Time To List It.

By Richard Wamsat | Feb 10, 2022

When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s […]

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The Path To Homeownership Can Be Steeper for Some Americans

By Richard Wamsat | Feb 9, 2022

As we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans. A significant part of this experience is investing in a home of their own. While equitable access to housing has come a long way, the path to homeownership is still steeper for households of color. It’s an important experience […]

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Don’t Let Student Loans Delay Your Homeownership Dreams

By Richard Wamsat | Feb 8, 2022

If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you the answers you’re […]

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