Basics Principles for Buying Investment Property

Investment home buyers have dropped off noticeably compared to years past, due in large part to the perception that home prices are artificially inflated and interest rates are high. But home prices seem to have stabilized at least for the time being, indicating that the surge in home prices may not be ‘artificial’ after all…. Read More

house with dollar sign inside and crossed arrows around percent sign - Home Prices down Interest Rates up - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

City vs Suburbs – Rent vs Buy – New vs Resale

We’ve been teetering on the edge of an uncertain housing market for some time now. The Rent vs Buy decision has become even more debatable than ever. Wondering about the stability of home prices in certain areas has caused buyers to question their choice of locations, and erratic mortgage rates certainly don’t help in determining… Read More

framed two story home with construction materials along side - Sanctuary at Desert Ridge, five spacious floor plans, North Phoenix New Construction Homes for Sale - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

New Construction Homes in Short Supply as Resale Inventory Remains Low

The battle over resale properties is still raging among home buyers. Once-upon-a-time the New Construction industry would have easily picked up the slack but that isn’t the case in our current Real Estate market. Contractors are encountering a widespread shortage of construction and utility workers, in addition to the infamous supply chain issues that are… Read More

Pandemic? What Pandemic? The U.S. Luxury Real Estate Market is Determined to Push Ahead

Coast to coast, luxury home sales look to be bouncing back faster and stronger than any other segment of the market. According to Mansion Global, median luxury home prices are up nationwide with 35 of the 49 major metro areas reporting significant gains. The high-end market in the Phoenix Valley Metro region of central Arizona,… Read More