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

Consumer Confidence Up: As Goes Arizona, So Goes the Nation

Consumer Confidence Up: As Goes Arizona, So Goes the Nation. Consumer confidence kept improving in August, posting a 122.9 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 104.0, while the Present Situation reading rose to 151.2. July’s reading was 120.0. As of September 1,… Read More

Home buyers, Family with Kids, Moving Children, Happy Family - Bill Salvatore, Arizona Real Estate - Arizona Elite Properties 602-999-0952

This is the Age of Diversity in Home Buying

This is the Age of Diversity in Home Buying. 2015 and 2016 saw a noticeable influx of Baby Boomers re-entering the Real Estate Market. An estimated fifty-nine million Americans are considering buying a home in 2017. So which demographics are at the front of the pack this time? Generation X (ages approximately 33-50) and Minority… Read More

military money home - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Congress Considers the Bipartisan ‘New Markets Tax Credit’ Worthy of Permanent Status

Congress Considers the Bipartisan ‘New Markets Tax Credit’ Worthy of Permanent Status. There’s very little to create controversy over in the New Markets Tax Credit. What it aims to do is to shore up the economy and housing markets in financially depressed and outlying rural communities. Positive reports are coming out of Alabama, New Mexico, Florida,… Read More

Strong Housing Market Arizona - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Why Are Existing Home Sales Tanking?

Why Are Existing Home Sales Tanking? *check in tomorrow, for How to Buy a Home in a Seller’s Market. I wouldn’t exactly call it a plummet, but there’s been a definite, noticeable decrease in existing home sales. This is not to say that home buyers are disappearing, not even close, it’s to replay my mantra… Read More

Real Estate Market, Report, Update, Statistics - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Housing Industry Growth Unclear as the Nation Awaits Policy Decisions

Housing Industry Growth Unclear as the Nation Awaits Policy Decisions. Housing affordability, as in any market, is controlled by supply and demand. Currently, at least in the affordable housing sector, demand is exceeding supply. This news isn’t all bad however. Home Sellers are experiencing the advantage known as ‘Seller’s Market’ for the first time in… Read More

Big key and Dollar Sign - The key your home price, pricing your home

Did an Unseasonably Warm Winter Cause Spring Home Prices to Escalate?

Did an Unseasonably Warm Winter Cause Spring Home Prices to Escalate? We experienced an unseasonably warm winter, at the same time housing prices pushed higher, according to Clear Capital’s recently released Home Data Index (HDI) report, showing national quarterly home price growth at 0.9 percent. The Spring market boom started early this year and stronger… 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

WooHoo! Homes Values are Rising at a ‘Normal’ Pace

WooHoo! Homes Values are Rising at a ‘Normal’ Pace Homeowners were thrilled in 2005 and early 2006 when prices skyrocketed and sales were faster than the speed of light. By mid 2006 it was evident that the rapid increase in home prices and the pace of home sales was wickedly unnatural and would most definitely… Read More

Ahwatukee neighborhood - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Urban Land Institute Report: The Suburbs Are the New City

Urban Land Institute Report: The Suburbs Are the New City. Metropolitan areas were, for a long stretch, the ‘place to be’ for convenience, accessibility, and amenities. But suburban communities are growing at a remarkable rate. Does this indicate a shift in priorities? It could be that public transportation is spreading further from the city, and… Read More

Hand with pen writing on a mortgage application - Video: Reverse Mortgages

20 Percent Down is Nice, but NOT Mandatory

20 Percent Down is Nice, but NOT Mandatory Due to misunderstood government regulations instituted in the past two or three years that were meant to stabilize the housing market, many folks are under the impression that they must have 20% down to buy a home. This is categorically untrue. Not only do 3.5% down FHA… Read More

efinance, Selling a Home, Real Estate, Mortgages - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Interactive Infographic: How Much House will $300,000 get you, and Where?

Interactive Infographic: How Much House will $300,000 get you, and Where? Of course, as in the case of any price range, how much house you can buy for $300,000 will depend on location and condition. There are suburbs of each of the featured cities that are far more affordable, and within the cities, popular districts… Read More