Richard Wamsat’s Real Estate News & Views

Local market updates, buyer and seller tips, and homeowner resources for Orange County and Irvine.

Subscribe

* indicates required

Intuit Mailchimp

""

Why It’s Important to Price Your House Right Today

By Richard Wamsat | Dec 28, 2020

Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year. Danielle Hale, Chief Economist for realtor.com, notes: […]

Read More
""

Happy Holidays 2020

By Richard Wamsat | Dec 25, 2020

This year has been especially difficult for everybody because of the coronavirus. Friends and family have needed to remain socially distant, although technology has made it a little easier to remain in touch – it is not the same. Many people’s real estate goals shifted this year. After working from home and being cooped up […]

Read More
Family sitting by fireplace in winter cabin

Turning a House into a Happy Home

By Richard Wamsat | Dec 24, 2020

We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership. No matter the living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite chair, the feel-good connections to our […]

Read More
Father using laptop watching son and daughter play video game

Did You Outgrow Your Home in 2020?

By Richard Wamsat | Dec 23, 2020

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle. […]

Read More
House toy model

The Difference a Year Makes for Homeownership

By Richard Wamsat | Dec 22, 2020

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize:  One option is to consider moving into a […]

Read More
Thumbs up and thumbs down

The Do’s and Don’ts after Applying for a Mortgage

By Richard Wamsat | Dec 21, 2020

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender – […]

Read More
""

2021 Housing Forecast [INFOGRAPHIC]

By Richard Wamsat | Dec 18, 2020

Some Highlights Experts project an optimistic year for the 2021 housing market. With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices. Let’s connect today to determine how to make your best move in the new year.

Read More
""

Homeowner Equity Increases an Astonishing $1 Trillion

By Richard Wamsat | Dec 17, 2020

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: U.S. homeowners with mortgages have seen their equity increase by a total of $1 […]

Read More
Aerial view of residential quarters at early sunrise. Beautiful Town Urban landscape at dawn

3 Reasons to Be Optimistic about Real Estate in 2021

By Richard Wamsat | Dec 16, 2020

This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced many homeowners to reevaluate their […]

Read More