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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Today’s Buyers Are Serious about Purchasing a Home

By Richard Wamsat | Aug 4, 2020

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply […]

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Experts Weigh-In on the Remarkable Strength of the Housing Market

By Richard Wamsat | Aug 3, 2020

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential […]

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Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]

By Richard Wamsat | Jul 31, 2020

Some Highlights: The housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. If you’re thinking of buying or selling a home this year, let’s connect to maximize your opportunity today. Content previously posted on Keeping Current […]

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Will We See a Surge of Homebuyers Moving to the Suburbs?

By Richard Wamsat | Jul 30, 2020

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend […]

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Homeownership Rate Continues to Rise in 2020

By Richard Wamsat | Jul 29, 2020

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […]

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Guidance and Support Are Key When Buying Your First Home

By Richard Wamsat | Jul 28, 2020

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is […]

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It Was A Pleasure To Have Richard As Our Agent

By Richard Wamsat | Jul 28, 2020

Richard understands the home market value and knows what needed to make the home attracts buyers.

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Three of the Latest Reports Show Housing Market Is Strong

By Richard Wamsat | Jul 27, 2020

The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall […]

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Jumping For Joy After Selling My First Home!

By Richard Wamsat | Jul 24, 2020

Richard goes above and beyond! He isn’t just your average Real Estate Agent. He takes time with his clients. I would highly recommend [him] to anyone.

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