Is a Recession Here? Yes. Does that Mean a Housing Crash? No.
On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a…
Author: Richard Wamsat
Richard Wamsat is an author, a deep thinker, and master of home sales. He lives in Irvine, California with his wife Brandy and a fluffy white dog named Murphy. His knowledge of real estate spans two decades having purchased his first home at the age of 19. He has worked in both Northern California and Southern California markets and has fought with banks to save client's homes or get relief from underwater mortgages during the Great Recession. Richard is a licensed real estate agent with Coldwell Banker Residential Brokerage - CalRE#01345167. He has earned the designation of Master Certified Negotiation Expert from The Real Estate Negotiation Institute, a member of the Harvard Program on Negotiation. Connect with Richard on Twitter @rwamsat, or on his website https://ocluxehomes.com
The Shocking News in the Unemployment Report
Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate…
Three Things to Understand About Unemployment Statistics
Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be…
Home Prices: It’s All About Supply and Demand
As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown…
Top Reasons to Own Your Home [INFOGRAPHIC]
Some Highlights June is National Homeownership Month, and its a great time to consider the benefits of owning your own home. If youre in a…
Real Estate Will Lead the Economic Recovery
With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving.…
National Homeownership Month [INFOGRAPHIC]
Some Highlights National Homeownership Month is a great time to reflect on how we can each promote stronger community growth. Homeownership helps families build financial…
Is it Time to Sell Your Vacation Home?
The travel industry is one of the major sectors thats been hit extremely hard by the COVID-19 pandemic. Today, its hard to know how long…
The Benefits of Homeownership May Reach Further Than You Think
More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. Theyre…
Economists Forecast Recovery to Begin in the Second Half of 2020
With the U.S. economy on everyones minds right now, questions about the countrys financial outlook continue to come up daily. The one that seems to…
