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The 2020 Homebuyer Wish List [INFOGRAPHIC]
Some Highlights
The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible.
From more outdoor space to virtual classrooms for their children, bu…
Homebuyer Demand Is Far Above Last Year’s Pace
Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, […]
How Will the Presidential Election Impact Real Estate?
The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects […]
It’s Not Just About the Price of the Home
When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low […]
Three Ways to Win in a Bidding War
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy […]
The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]
Some Highlights
The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.
This is making buying a home an increasingly attractive option for many people, especially with low mortgage ra…
Why Is It so Important to Be Pre-Approved in the Homebuying Process?
You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, […]
Should You Buy an Existing Home or New Construction?
Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at […]
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 […]