new construction homes, new homes in Mesa, Eastmark - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

Arizona, the State of New Construction

Why Buy a New Construction Home in Arizona? According to the Arizona Republic, Maricopa County, the largest county in Arizona by both area and population and commonly known as ‘The Valley’, led the nation in new home construction in 2024. The article stated that the county added 38,310 new housing units last year, outpacing both… Read More

silhouettes of several people walking hand-in-hand in front of a sunset

What’s New in Homebuying: Multi-Generational Living

Real Estate markets fluctuate daily but one industry trend has persisted for years- the most common expression is ‘lack of inventory’. It has been the motivation behind most of our ongoing problems with the real estate market. Home prices soared because of low inventory and current home buyers are in limbo for the same reason…. 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

Real Estate Crash or Simply Gridlock?

Right off the bat I want to set your mind at ease. The Real Estate market does not appear to be in crash mode, at least not of the 2008 variety with which we are all painfully familiar. This is an adjustment, admittedly an unusual one. I know… I too roll my eyes at the… Read More

Exhausted Couple sitting among moving boxes - Packing boxes, Moving Tips for Home Sellers, Moving Advice for Home Buyers, - Bill Salvatore, Arizona Elite Properties 602-999-0952

Get Moving! How Home Sellers Are Making the Most of The Market

IT WAS FUN WHILE IT LASTED This is clearly the only way for home sellers to look at it. In the world of Real Estate, change is good. Just imagine what would happen to the market if our recent upsurge in home prices and extreme seller’s market had continued unchecked. Fantastic for home sellers you… Read More

Real Estate Market Statistics graphic, Arizona Real Estate Market Recovery - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Real Estate Market is Correcting Itself, So What Can You Do?

Beyond a shadow of a doubt, the Housing Market has begun to shift. Most of us have seen this coming, and I have to say it’s about time. Price increases in an average year sit around 6-7%. Nearly every market in the country has exploded way above average, exceeding that percentage by double, triple, quadruple…… Read More

Are Privacy and Space the New ‘Open Floorplan’?

The face of home design is changing. In 2022, one of the most sought after features for home buyers is office space. While most children have returned to school full time, many families are still dealing with at least one adult working from home, oftentimes two, with the possibility of permanent remote employment. Combine that… Read More

laptop, smartphone and water bottle on desk in front of open window - Work from home, Home School - photo- Mikey Harris via Unsplash - Bill Salvatore, Your Valley Property Team - Arizona Elite Properties 602-999-0952

Recent Home Buying Trends Influenced by Remote Workers

Increased acceptance of working remotely has had an undeniable influence on home buying trends, here in Arizona and nationwide. Extra bedrooms or enclosed offices have replaced the open-air office spaces that decades ago gained favor with home buyer’s. People are moving farther out in the suburbs in order to afford additional space and more privacy…. Read More

Hands holding a stack of money with house in the background - home prices, bidding wars, Sellers Market, property taxes, cost of owning a home - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

A Cash Offer Might Look Good, But Here’s Why You Should Look Again

If you’re financially savvy at all, you’re well aware that buying a home is one of the most significant investments you’ll ever make. Initial outlay aside, you have maintenance costs, improvements and upgrade expenses to take into account. Depending on the price you paid, your expenditures and current market conditions, you may not be able… 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

One Property, One Agent, One Listing… and All Those Home Buyers

In case you haven’t heard, this is a Sellers Market! (that was a joke-of course you’ve heard 🙂 ) More than just an inventory of basic amenities like number of bedrooms and baths, your listing description should pique the imagination of potential home buyers. Of course every home has a kitchen, but is yours sleek… Read More

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

Home Prices Rising While Interest Rates Fall

I’ve never seen anything like it… incredibly low, almost ridiculously low mortgage interest rates, in the high 2’s !! If you’ve been putting off that home purchase, now is probably the time to get off the fence. I could be mistaken, but I can’t imagine you’re going to find better (read LOWER) mortgage interest rates… Read More