Housing Finance, Mortgage Balance, Rising Market - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Great News for Home Buyers… The Market is Cooling.

- Gilbert Arizona Real Estate Market Update Report -
- Chandler Arizona Real Estate Market Update Report -

Real Estate inventory in the Greater Phoenix Valley is notably low right now which would normally prompt home sellers to feel that it’s seller’s market. However market activity in general has also been moderate which indicates some consumer uncertainty, longer days-on-market, and a noticeable price plateau.

Great news for home buyers? I would say so. Ridiculously low interest rates coupled with lateral or even downward migration of home prices, factor in less competition, and the result is ‘The Perfect Storm’ for Home Buyers!

Historically there is a slight flurry of activity in the Real Estate market from end of Summer to the holiday season. We haven’t seen this yet but expect to within the next 45-60 days.

We’ll keep you posted. In the mean time you can find the complete Real Estate Market Update Reports for week ending August 15, 2016, for Gilbert, Arizona here, and for Chandler, Arizona here.

  • Real Estate Market Updates courtesy of Greystone Title Agency

No Down Payment? We’d be happy to help you with that!

There are still down payment assistance programs available in Maricopa and Pinal Counties. These are grants, NO repayment necessary. Call us for details: 602-999-0952

Need help with closing costs? Check the links below.

Both Buyers and Sellers have options to help with your closing costs. See the links below or feel free to call or email for additional information: 602-999-0952   /   golfarizona@cox.net

Learn more about the AZVHV Heroes Home Advantage cash-back program. NO cost, NO pre-registration, NO obligation.

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Other Valuable Resources
AZVHV – Arizona Veterans Helping Veterans

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