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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Key Things To Avoid After Applying for a Mortgage

By Richard Wamsat | Dec 27, 2021

Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close. It’s exciting to start thinking about moving in and decorating your new place, but before you make any large purchases, move your money around, or make any major life changes, be sure […]

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Thank You for All of Your Support

By Richard Wamsat | Dec 24, 2021
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When a House Becomes a Home

By Richard Wamsat | Dec 23, 2021

It’s clear that owning a home makes financial sense. But lately, the emotional side of what drives homeownership is becoming increasingly important. No matter the living space, the feeling of a home means different things to different people. Whether it’s a familiar scent or a favorite chair, the feel-good connections to our own homes can be more important to […]

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The Perks of Putting 20% Down on a Home

By Richard Wamsat | Dec 22, 2021

If you’re thinking of buying a home, you’re probably wondering what you need to save for your down payment. Is it 20% of the purchase price, or could you put down less? While there are lower down payment programs available that allow qualified buyers to put down as little as 3.5%, it’s important to understand the many […]

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The Average Homeowner Gained $56,700 in Equity over the Past Year

By Richard Wamsat | Dec 21, 2021

When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is and […]

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Homebuyers: Be Ready To Act This Winter

By Richard Wamsat | Dec 20, 2021

To succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at realtor.com, says there are two factors every buyer should keep their eyes on: “Going forward, the conditions buyers face are primarily dependent on two things: mortgage rates and housing supply.” […]

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2022 Housing Market Forecast [INFOGRAPHIC]

By Richard Wamsat | Dec 17, 2021

Some Highlights What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home sales. Let’s connect so you can make […]

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Homebuyers Are Going on a Shopping Spree This Winter

By Richard Wamsat | Dec 16, 2021

Black Friday and Cyber Monday are over, which means some shoppers have wrapped up their holiday buying. But there’s still a group of buyers that are very active this holiday season – homebuyers. Experts anticipate the real estate market will see a flurry of activity this winter, and that’s great news for today’s sellers. If you’re planning […]

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What Everyone Wants To Know: Will Home Prices Decline in 2022?

By Richard Wamsat | Dec 15, 2021

If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, home prices are […]

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