October 2022 Arizona Housing Market Trends

October 2022 Arizona Housing Market Trends

Arizona has one of the hottest real estate markets in the nation and has for the past few years. You may wonder if you should invest in Arizona real estate in the current seller’s environment. Here is an overview of what the market will look like in October 2022...
How Much Are Closing Costs in AZ

How Much Are Closing Costs in AZ

When you buy a home in Arizona, it’s essential to budget for closing costs and factor that into your buying decision. Closing costs include things like paying for appraisals and credit checks. However, these costs vary significantly from lender to lender....
Tim Potempa Tackles Common Home Buying Myths

Tim Potempa Tackles Common Home Buying Myths

Want to buy a home, but need to know if you can afford it?  In today’s housing market, many prospective homebuyers still wonder if they need to make a 20 percent down payment. Tim Potempa, President, and Founder of the Potempa Team, recently sat down with Terri...
September Mortgage Market Review 2022

September Mortgage Market Review 2022

Mortgage rates remain volatile at the end of the third quarter. With 30-year fixed rates falling to 4.99% on Aug. 4 and rising to 6.02% on Sept. 15, homebuyers may wonder when they should make an offer. Interest rates rose 2.48% in the first six months of 2022,...
How Much Is Needed for a Down Payment on a Home?

How Much Is Needed for a Down Payment on a Home?

With a hot residential real estate market and US homes averaging under $440,000, you may wonder how you can afford a down payment on your dream home. In this article, you’ll learn the importance of offering a down payment to remain competitive in the current...