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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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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Two Reasons We Won’t See a Rush of Foreclosures This Fall

By Richard Wamsat | Jul 22, 2020

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a […]

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A Remarkable Recovery for the Housing Market

By Richard Wamsat | Jul 21, 2020

For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, […]

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Thinking of Selling Your House? Now May be the Right Time

By Richard Wamsat | Jul 20, 2020

Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total […]

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Mortgage Rates Fall Below 3% [INFOGRAPHIC]

By Richard Wamsat | Jul 17, 2020

Mortgage Rates Fell BELOW 3% for the first time in 50 YEARS!

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