Unemployment statistics are promising but it may not be what you think. So far this year, job growth has actually been slower than anticipated, yet employment numbers continue to drop… more on the reason for that below. So what does this mean for our Real Estate market? Higher unemployment was one of the main factors… Read More
About the Author
Bill Salvatore- Realtor
Home Sellers, Time to Get Off the Fence as Mortgage Rates Ease Off
With the recent rise in mortgage rates beginning to level off, and Real Estate’s busy season fast approaching, conditions are ripe for Home Sellers to get off the fence. Properties in first-time-buyer range are flying off the shelf, as are more expensive homes… priced right. If that weren’t enough good news for Home Sellers, more… Read More
Property Taxes 101 for Home Buyers or New Home Owners.
When you sign your closing documents as either a home seller or a home buyer, there will be a notation on the Settlement Statement regarding property taxes. There’s always a bit of a kerfuffle over property taxes so it helps to understand how they work. If you’re a homeowner here in Arizona you’ve probably just… Read More
Are Higher Rental Costs Prompting More Millennials to Buy Homes?
Rental markets in the Phoenix Metro Area have exploded in recent months. As a matter of fact this article from AZ Central states that Phoenix ranks 9th for the most unaffordable cities for renters. And Millennials seem to be bearing the greatest rent-to-income liability. Great for investors. Not so much for Renters. Saving for a… Read More
Video: Breathe Easier at Home
Arizona doesn’t have many of the moisture and mold issues that plague the rest of the country, but in and around our three major cities, we most definitely experience dangerous air-quality concerns. Of the three major metro areas in Arizona, Phoenix is by far the most prone to problematic air quality- notably car exhaust and… Read More
Teachers are at Ground Level of Housing Affordability Stats
We are all for the sentiment behind the “Red for Ed” movement. Not only is compensation for Arizona teachers near the bottom of the barrel, but student test scores for the state are among the lowest in the country. Admittedly not every problem is solved by throwing money at it, but there is irrefutable evidence… Read More
Chandler, Arizona’s on the Short-List for Single Home Buyers
According to SmartAsset, Chandler, Arizona is one of the cities chosen most often by Single Home Buyers, and I’m not surprised. Chandler has an animated vibe and a progressive philosophy. The downtown area has grown from one sleepy laid-back main street to a whirlwind of eclectic activity in just the past few years. Chandler’s relative… Read More
Zillow Real Estate Report: First Quarter 2018 is Outpacing 2017
Already our 2018 Real Estate market is blowing away last year’s stats, and the Phoenix area is not alone in its home shopping free-for-all. Zillow reports that most of the country is feeling the squeeze of the abundance of eager home buyers versus a shortfall of available listings. I tend to accept that the Real… Read More
Think Safety First When Selling Your Home
The Importance of a Home Safety Check Both Realtors and Homeowners need to be aware of what is included in the Home Seller’s listing disclosures, as what is not disclosed may come back to bite you. The first step in identifying items that might need to be disclosed is by doing a thorough safety check… Read More
House Shopping for Your Dog? Why Not Get a Luxury Home?
For most, our pets are our family. We indulge them with pricey foods, blingy collars and cushy beds. In addition to seeking out pet-friendly communities, most pet owners shopping for a home will even concede a few of their own preferences to accommodate fido. During all my years in Real Estate, I’ve seen a few… Read More