October 2022 California Housing Market Trends
Current California home prices are hovering around $775,000, an 11% decrease over the same period last year. The California Association of Realtors predicted the following trends for 2022: Existing single-family home sales are forecast to total 416,800 units in 2022....
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
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
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,...
