Meet Donna Padula, Your Chico Area Realtor for 30 + years

Hi, I’m Donna Padula with the Donna Padula Real Estate Team at eXp Realty. Welcome to Chico, Paradise, Butte and Glen Counties. We live in a wonderful area here with lots of recreation, three large lakes, boating, hiking, fishing and snow skiing close by. The Donna Padula Real Estate Team has been helping home buyers…

Read More

Escrow Transaction Checklist for Home Buyers and Sellers

Donna Padula a Realtor serving Chico and surrounding areas to discuss her escrow transaction checklist. When you are in escrow on a property it is smart to know who is responsible for what, so the transaction can move smoothly. 1. Title & Escrow – Escrow is a neutral third-party that handles all funds that come…

Read More

Why Have Interest Rates Jumped to a 7-Year High?

Why Have Interest Rates Jumped to a 7-Year High? | Simplifying The MarketInterest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to say: “Healthy consumer […]

Read More

How Current Interest Rates Can Have a High Impact on Your Purchasing Power

How Current Interest Rates Can Have a High Impact on Your Purchasing Power | Simplifying The MarketAccording to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is […]

Read More

Don’t Wait to Sell Your House! Buyers Are Out Now

Don’t Wait to Sell Your House! Buyers Are Out Now | Simplifying The MarketRecently released data from the National Association of Realtors (NAR) suggests that a now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see […]

Read More

Moving Up to Your Dream Home? Don’t Wait!

Moving Up to Your Dream Home? Don’t Wait! | Simplifying The MarketMortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have been […]

Read More