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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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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A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]

By Richard Wamsat | Jul 24, 2020

Some Highlights A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis. Expertise and professionalism are highly valued and can save buyers and sellers time and effort along the way. If you’re thinking of buying or selling a home this […]

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Home Sales Hit a Record-Setting Rebound

By Richard Wamsat | Jul 23, 2020

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that […]

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Richard Took Care of Everything and Then Some

By Richard Wamsat | Jul 23, 2020

[Richard] marketed our house on every platform where marketing can be done. The staging was so good, it made me want to buy back my own place!

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