hand placing wooden house cutout next to small jar of money - Consumer Confidence, Strong Economy, money,-house-graphic-Designed by Freepic - Bill Salvatore, Arizona Elite Properties 602-999-0952- Arizona Real Estate

Real Estate as Investment Part I: Finding it Hard to Save a Downpayment?

Rising rents are making it more and more difficult for hopeful home buyers to save enough money for a downpayment and closing costs. Home ownership has a mountain of advantages, not the least of which is the ability to build equity while establishing stability for you and your family. While your investment appreciates, homeowners can… Read More

three women and one man looking at houses on a computer screen - home buyers, home shopping, buyng a home - photo: mimi-thian-vdXMSiX-n6M-unsplash - Bill Salvatore, Your Valley Property Team - Arizona Elite Properties 602-999-0952

Great News! Affordable Homeownership Just Got Even More Affordable

A Big Break for Home Buyers In light of current real estate market conditions and FHA’s recent announcement, this is one of those rare occasions when the question is “do you want the good news… or the great news?” I’ll make your choice really easy, the great news first- if you’re considering applying for an… Read More

This is Your Ideal Vacation Home in Phoenix!

Gated Neighborhood HOA Maintained Front Yard             Low-Maintenance Back Yard Association Pools and Play Areas Short drive to downtown Phoenix Minutes to South Mountain Preserve Close to Golf, Hiking & Biking, Museums, Pro Sports Venues, Casinos, Restaurants, Shopping and Services Convenient to Phoenix Sky Harbor International Airport Nearby Major Medical… Read More

Beautiful Upgraded Home in a Gated Phoenix Community

Thoughtfully designed to make the most of every inch, this beautiful home in a gated, Phoenix neighborhood, feels far more spacious than its 1,350 square feet. The greatroom is open and light-filled with a beautifully appointed kitchen, high ceiling and wall of sliding doors that extend your living space to care-free outdoor entertaining areas; covered… Read More

New Construction, Discount, New Homes in Arizona - Bill Salvatore, Realty Excellence East Valley - Ariozna Elite Properties - 602-999-0952

Why Long-Time Renters are Buying New Construction

As a long-time renter you often spend years trying to determine whether or not to buy a home and take on a mortgage. In the meantime you are already paying a mortgage… just someone else’s. Worried about the upkeep and repairs that come with homeownership? You’re already paying for those things too, as well as… Read More

Two women in a business office looking at a laptop and paperwork - Single Home Buyers, Milennial Investors, Best Cities, Investing in Real Estate - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Single Home Buyers

Market Conditions Motivate Home-Buying Millennials

Who are the Home Buyers? A large percentage are Millennials. What’s motivating the current Millennial home-buying frenzy? First and foremost, interest rates! Rates have remained at historical lows, partly in an effort to maintain the strength of the housing market, but that’s not the only force driving home buyers. As the RIS media post below… Read More

sketch-style, distant view of condominium building across the pool - 5303 N 7th St, Phoenix AZ - Popular Carlyle Condominiums, minutes to shopping, restaurant, city services - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Good News from FHA for Condominium Home Buyers, and Sellers

At implementation of the Dodd-Frank Act in 2010, shortly after the collapse of the Real Estate market, condominium owners watched the value of their investment plummet. FHA financing would no longer be available for vast numbers of condominium complexes, severely limiting a condo owners opportunity to sell their home. Home Buyers looking for affordable choices… Read More

Mortgage rates, mortgage regulation, money, house - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Could You Own a Home? For Many Home Buyers FHA is the Way!

I might venture a guess that better than half of all home buyers, and a great majority of first-time buyers, choose an FHA mortgage. Home loans come in a variety of flavors but the FHA loan, insured by the Federal Housing Administration, offers benefits not found in most other options, not the least of which… Read More

Children playing at Gilbert's Water Ranch Riparian Preserve

First-Time Home Buyers, Where is Your Sweet Spot?

Gilbert, Arizona recently earned a spot on WalletHub’s list of the Top 10 best places for first-time home buyers. I’m not exactly sure how this happened. Gilbert has been experiencing the same shortage of inventory as the the rest of the country and though it has been easing up a bit, availability is still not… Read More

Mortgage rates, mortgage regulation, money, house - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Is This Why You’re Not Buying a Home? No.1 Hurdle and How to Conquer It.

In a Zillow report (below), research revealed that coming up with a down payment is the number one hurdle for home buyers. I have found that it’s a common misconception among potential buyers, that you must have a 20% down payment to buy a home. I’m here today to let you know that is CATEGORICALLY… Read More