Richard Wamsat’s Real Estate News & Views
Local market updates, buyer and seller tips, and homeowner resources for Orange County and Irvine.
What Does 2021 Have in Store for Home Values?
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained consistently elevated throughout 2020. Home sales […]
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Reasons to Hire a Real Estate Professional [INFOGRAPHIC]
Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process. The right agent can explain current market conditions and break down exactly what they mean for you. If you’re considering buying or selling a home this year, let’s […]
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Is This the Year to Sell My House?
If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why. According to the latest Home Purchase Sentiment […]
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Irvine PD’s e-Commerce Exchange Zone
Like many, I entered the fray as zoom meeting, dog interrupting, dishwasher beeping, work from home business person in 2020. Last year at the beginning of the lockdown orders I met a man in the parking lot of a corner gas station to buy two used computer monitors for my makeshift home office since the State […]
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The Importance of Home Equity in Building Wealth
Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is built, in large part, through the creation of […]
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Why Not to Wait Until Spring to Make a Move
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some […]
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3 Must-Do’s When Selling Your Irvine Home in 2021
If you are like most people who are thinking about selling your home it is easy to start daydreaming about your new life in your new space. However, it is also common to have deep sentimental feelings about the home that you are leaving behind. These emotions can either help or hurt your home sale […]
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Here’s to a Wonderful 2021!
From my family to yours, we wish you happiness, health, and success in the new year. Happy 2021! ~The Wamsat’s
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What Do The Experts Say About The 2021 Housing Market?
For all of 2020’s challenges, the housing market provided a shining star helping to fuel the economic recovery across the nation. California took the lead; Orange County, CA issued “Stay-At-Home” orders on March 17, 2020, followed by the entire state being ordered into lockdown two days later. Initially, real estate was not classified as an […]
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