Children walking on decorative stone wall = Gilbert Arizona, Best Cities, Best Places to Live - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Kudos Gilbert, AZ – Most Prosperous City AND the 15th Best Housing Market!

Kudos Gilbert, AZ – Most Prosperous City AND the 15th Best Housing Market! azCentral reports that in a recent study by the Economic Innovation Group, Gilbert, Arizona ranked #1 in the U.S. for Most Prosperous City or Town of its size. Gilbert beat out San Francisco, Seattle and even Austin TX for the coveted distinction…. Read More

Framed house in background, hand holding key in foreground with New Construction Discount text - New Construction Discount - Discount on the Purchase of a New Home - Help with Closing Costs - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Housing Starts Take a Nose-Dive After Months of Promising Development

Housing Starts Take a Nose-Dive After Months of Promising Development. Activity in the Residential New Construction arena has been disappointing of late. With residential resale inventory down and rental prices up, the real estate industry relies heavily on new construction to fill housing gaps. New construction completions are slow, due in part to a lack… 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

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Western Home Buyers Leading the Nation, Taking Advantage of a Healthy Real Estate Market

Western Home Buyers Leading the Nation, Taking Advantage of a Healthy Real Estate Market. I can attest to the fact that this has been a remarkably dynamic home buying season. The Spring market is historically busy but this year’s activity seems to have been given a little extra boost. Hard to say why, although I… Read More

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And the Winner is… The Number 1 Influence on 2017’s Real Estate Market

And the Winner is… The Number 1 Influence on 2017’s Real Estate Market The facts of financing are undeniably influential but the nuances are really what shape the Real Estate Market. Mortgage interest rates rise and fall regularly, and though we’ve had several interest rate drops in recent weeks, all the news is about rising… 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

Man in suit holding a model of a two story home - Investing, in Real Estate, Real Estate Investments, Building Equity, Buying or Selling a Home - Bill Salvatore, Arizona Elite Properties 602-999-0952

Do You Live in an Equity Rich State?

Do You Live in an Equity Rich State? Foreclosures are no longer common, short sales are almost non-existent, and in most areas of the country homeowners have regained, if not exceeded, the equity in their homes that they enjoyed before the ‘bust’. In the mainstream market in most American cities and towns, home prices are… 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

Anticipate a Promising Outlook for Home Sellers in 2017

Anticipate a Promising Outlook for Home Sellers in 2017. Home prices continued their climb in September, up 6.3 percent year-over-year and 1.1 percent month-to-month, according to CoreLogic®’s recently released Home Price Index (HPI™) and HPI Forecast. The Forecast projected a 5.2 percent price increase from September 2016 to September 2017, generating $1 trillion in homeowner… Read More

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What will Home Buying Look Like in 2017? Check the Realtor.com(R) Consumer Survey

What will Home Buying Look Like in 2017? Check the Realtor.com(R) Consumer Survey The 2017 home buying season will be characterized by a large increase in first time home buyers, increasing affordability issues among buyers, and high demand for suburban homes, according to realtor.com®’s Active Home Shopper Report released today. The study, based on September survey data… Read More

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Wondering what’s going on in our unpredictable Real Estate Market?

Gilbert, Chandler, Mesa Arizona Real Estate Market Statistics. Days-on-Market for homes for sale in the East Valley, have been slowly increasing for the past few weeks. Chandler and Mesa find themselves at nearly 3 months for median days-on-market at 84 and 89 respectively, while Gilbert comes in at 78. Median List Prices are stagnant even… Read More