Chinese and American money, Chinese real estate investors, welcome home key

Chinese Residential Purchasing Power Pushes over $150 Billion into U.S. Real Estate

Chinese Residential Purchasing Power Pushes over $150 Billion into U.S. Real Estate Foreign Nationals who are investing in Real Estate in the US should be aware of government regulations such as FIRPTA. There is a link to the IRS.gov here. In addition to the government web site, an excellent source of information is a local… Read More

young home buyers going over paperwork with their Realtor - Millennials buying homes - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Millennials Look beyond Urban Areas When Putting Down Roots

The lives of the Millennial generation are mellowing, and so is their taste in housing. Though the data below indicates that Millennials are moving to more suburban areas, I think you’ll agree that close proximity to the city experience and amenities still has significant value. Community pools and sports courts, entertainment and fitness venues, access… Read More

Housing Finance, Mortgage Balance, Rising Market - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Foreclosure Activity Plummets Below Pre-Recession Levels

Foreclosure activity is back to “normal” across much of the nation. Low mortgage interest rates, which were ironically a result of the market crash, likely also play a part in the good health of today’s Real Estate market. First quarter foreclosure activity was below pre-recession levels in 78 out of 216 U.S. metropolitan statistical areas… Read More