A 2015 Rent vs Buy Story

Buying Real Estate may not always make sense, but in 2015 the reasons for buying a home rather than renting, are multiplying fast, even faster than rental rates. Lots of people rent a place to live because they think they can’t buy. Maybe a financial event (for example bankruptcy, foreclosure, short sale) has dinged their… Read More

young home buyers going over paperwork with their Realtor - Millennials buying homes - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Who are the dominant players among today’s home buyers?

Despite the economic and financial challenges young adults braved since the recession, Millennials want to become homeowners, according to the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent homebuyers and sellers. Rents are rising at an unprecedented rate making home ownership the smarter, more financially… Read More

Mortgage, Finance, Low Interest Rates - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Tip #7, from “A Heads-Up for Home Buyers, 11 Things You Might Not Have Thought About”

7. Only if The Price is Right. Possibly one of the most critical considerations will be your offering price. Your agent can provide not only the selling prices of similar homes in the area, but terms (foreclosure, short sale, estate sale, contingencies, etc.) under which they were sold and the condition of the sold property… Read More

Helpful Tips for Home Buyers - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Tip #1 from “A Heads-Up for Home Buyers, 11 Things You Might Not Have Thought About”

You can find the complete article “A Heads-Up for Home Buyers, 11 Things Your Might Not Have Thought About”  here, and additional home-buying hacks on my.  www.yourValleyProperty.com      ~Bill #1. Look Left, Look Right, Then Look Again. Your contract contains a clause granting you a certain number of days for an inspection period. Do not just… Read More

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

If you’ve been on the fence about refinancing it might be time to jump!

How To Tell If It’s Time To Refinance Your Home Loan To determine whether you should consider refinancing your home loan, you can compare the costs of getting a new mortgage with the savings you would get from a reduced interest rate. You may also want to consider refinancing to a different type of mortgage,… Read More

Mortgage, Finance, Low Interest Rates - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Stronger US Housing Market Expected in 2015

The CorLogic website has published a detailed commentary reinforcing the movement toward recovery for our Real Estate market this year. Citing economic growth strengthened by a drop in energy prices, rising consumer confidence index and improvement in state and local government budgets, the article explains how these favorable factors will contribute to a boost in… Read More

Mortgage Financing and Subprime Mortgages - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Is Subprime Just Semantics?

What do you think of when someone dares to utter the words Subprime Mortgage? According to this article in the New York Times, so-called subprime mortgages are inching their way back into the market. But this may not be what you assume. A huge percentage of folks were adversely affected (and let me point out,… Read More