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What Are Experts Saying about Home Prices?
Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by May 2021, which would be the first […]
Buyers: Are You Ready for a Bidding War?
With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a […]
Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC]
![Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2020/07/07173224/20200710-KCM-Share-549x300.jpg)
Some Highlights
- Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years.
- The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today.
- Of the four listed, real estate is also the only investment you can also live in. That’s a big win!
Not All Agents Are Created Equal
In today’s fast-paced world where answers are just a Google search away, there are some who may question the benefits of hiring a real estate professional when selling a house. The reality is, the addition of more information can lead to more confusion. A real estate agent can be your essential guide, but truth be […]
Best Time to Sell? When Competition Is at an All-Time Low
In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the economy. The data, however, is showing that home […]
Taking Advantage of Homebuying Affordability in Today’s Market
Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purchase. […]
Latest Unemployment Report: Great News…for the Most Part
The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were added. The unemployment rate fell to 11.1% from 13.3% last month. Again, excellent […]
Free For Sale By Owner Guide
If anyone’s looking to sell their home and looking for the most amount of money, I have a book the on that, let me know if you would like a free copy. Call/text me, Donna Padula 530-517-0513
Read MoreVA Home Loans by the Numbers [INFOGRAPHIC]
Some Highlights:
The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership.
In 2018, $161 billion was loaned t…
The Difference an Hour Will Make This Fall [INFOGRAPHIC]
Every Hour in the U.S. Housing Market:
614 Homes Are Sold
95 Homes Regain Positive Equity
Median Home Values Go Up $1.38
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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…
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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 MoreWhy Have Interest Rates Jumped to a 7-Year High?
Interest 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 […]