Real Estate Market Statistics graphic, Arizona Real Estate Market Recovery - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Week Ending February 22, 2016 – Gilbert / Chandler Real Estate Market Update

Gilbert, Arizona – The most expensive home sold in Gilbert this week had a sales price of $2,290,000. See complete Real Estate market stats in our City Overview for Gilbert, AZ. Chandler, Arizona – The median list price in Chandler this past week was $339,950. For complete Real Estate market stats check out our City… Read More

Strong Economy, Job Growth, Money Markets, Financial - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

Consumers More Confident in January

The Conference Board Consumer Confidence Index®, which had increased in December, improved moderately in January. The Index now stands at 98.1 (1985=100), up from 96.3 in December. The Present Situation Index was unchanged at 116.4, while the Expectations Index increased from 83.0 to 85.9 in January. “Consumer confidence improved slightly in January, following an increase in… Read More

House outline with dollar sign and upward arrow - Strong Real Estate Market, Home Prices up - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952 - Arizona Real Estate

2016 Outlook Mirroring Previous Year as Home Prices Increase 6.3 Percent Year over Year

The predicted positive outlook for 2016’s Real Estate Market is already proving accurate. Both resale housing inventory and builder confidence are up, and home-buyer activity is significantly above average for the first month of 2016. A “normal” price increase for the market nationwide has historically been 5-7%. Home prices nationwide, including distressed sales, increased year… Read More

Real Estate closing, Who pays for what? - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Who’s gonna pay for that? Real Estate closing costs demystified.

It’s wise to be thinking about your closing costs long before you get involved in a Real Estate transaction. It’s part of your agent’s job to review the HUD1 (a complete accounting of all closing costs) and determine if everything is explained and charges are correct before you sign and close. Of course there are… Read More