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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5 Reasons to Sell Your House This Spring

By Richard Wamsat | Mar 8, 2021

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to […]

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How to prepare your house for sale this spring

How to Prepare Your House for a Winning Sale This Spring  [INFOGRAPHIC]

By Richard Wamsat | Mar 5, 2021

  Some Highlights With so few homes available to buy today, houses are in high demand, and they’re selling fast. That means it’s a great time to sell if you’re ready to make a move. Let’s connect to make sure your house is ready for a top-dollar sale this spring. It may be closer than you think!

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Is It a Good Time to Sell My House?

By Richard Wamsat | Mar 4, 2021

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time to sell. Doug Duncan, Vice President and […]

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Little boy walking in the forest with suitcase in his hands

How Smart Is It to Buy a Home Today?

By Richard Wamsat | Mar 3, 2021

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move. […]

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Home Prices: What Happened in 2020? What Will Happen This Year?

By Richard Wamsat | Mar 2, 2021

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division […]

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What Are the Benefits of a 20% Down Payment?

By Richard Wamsat | Mar 1, 2021

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want to put […]

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It’s a Sellers’ Market [INFOGRAPHIC]

By Richard Wamsat | Feb 26, 2021

Some Highlights Over the past year homeowners in Orange County, CA have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes nationally selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, home sellers are in the driver’s seat. Let’s connect today if […]

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A Young girl and a black dog looking out a window onto houses.

Are There Going to Be More Homes to Buy This Year?

By Richard Wamsat | Feb 25, 2021

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale […]

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How Much Leverage Do Today’s House Sellers Have?

By Richard Wamsat | Feb 24, 2021

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory of homes available for […]

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