White 2-story Southwest style home with SOLD sign out front - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Spring Buying Season Starts Early. Check the chart, is your city in the top 20?

Note from Bill: Wondering what the median list price is for homes in your area? Average days on market? Which price ranges are moving fast due to low inventory? If you’re looking for specifics on anywhere in the Greater Phoenix area I’d be happy to get you those numbers. I have complete Real Estate market… Read More

Being Prepared, for Home Buyers - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Video: Home Buying and Maintenance Advice

I totally agree with the tips in this video. In fact I would take the first bit of advice one step further. ‘Scope out the neighborhood’ is something I tell all of my buyers but my opinion is that you should WALK the neighborhood, at least twice, once in the evening and once during the… Read More

Puzzle pieces forming a house - Home Sellers, Home Buyers, Mortgage Regulation, Title and Escrow - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Average Time to Close a Loan Increases to 49 Days

This past fall marked the dreaded TRID start date. Promises by lenders that closing schedules would not be affected proved to be, not surprisingly, empty. TRID has indeed had an impact on closing dates. However, home sellers seem to be accepting of the changes and I believe education is the key. Walking through a timeline… Read More

window, leaky, condensation, energy efficient, insulation

Surprise! Tell-Tale Signs That Your Home May be Less Energy Efficient than You Think

Believe it or not, keeping a home warm in Arizona can be almost as much of an issue as keeping it cool. Air Conditioning has gotten so efficient that our scorching summers are not nearly as much of a challenge for A/C units as they used to be. But in spite of the mild winter… Read More

Hand with pen writing on a mortgage application - refinance, mortgage, interest rate, home loans, reverse mortgage, credit - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Further Easing of Mortgage Credit Standards on the Horizon, According to Lenders

Home prices are rising slowly and interest rates have remained incredibly buyer-friendly so far in 2016, yet there is still some hesitation in the market. A bit of mortgage credit reform is long overdue. I’m thinking that government over-regulation and a recent history of tight mortgage credit standards is scaring the affordable-price and entry level… Read More

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

Gilbert passes Chandler as average home prices inch upward

After remaining fairly stable for several weeks in a row, home prices in Chandler, Arizona saw a slight increase. Not surprising as this is the beginning of our busy season. See the complete Chandler Real Estate Market Update Report for the week ending March 21, 2016. Until this past week, the average home price in… Read More

girl with flag - THANK YOU - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Thank You Thursday honors Operation Welcome Home… and Katie

Our next door neighbor Katie was about 5 when we moved in and we watched her grow into a remarkable young lady. Katie’s family has always had good reason to be proud of her, but this week the entire city of Gilbert can be proud as well. Katie has been working with Operation Welcome Home… Read More

Flipped, remodeled, upgraded, repair, house - Bill Salvatore, Realty Excellence East Valey - 602-999-0952

2016 is the Year of the Remodel

Through the economic downturn, appraisers were not considering the worth of many remodeling projects. Updated roofs, structural components and systems still carried weight but improvements in kitchens, bath, flooring and the like were largely ignored. Lately it’s been noticeable that most upgrades including cosmetics, are again being factored in, as was the case before the… Read More

two people riding bikes at sunset in front of a home - Vacation Home, Second Home, Recreation, Active Adult - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Video: Vacation Home Investments

Arizona is a highly desirable vacation spot and second homes are popular here. Of course the weather is the primary factor but golf, baseball spring training, State and National parks, outdoor recreation, Active Adult communities and luxury resorts all play a major roll.  Check out the video below for some great thoughts on buying a… Read More

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

5 Things You Can Do to Improve Your Financial Position in 2016

If you’ve been thinking about buying a home in 2016, there may be no better time than right now. Mortgage interest rates are incredibly low, and though our Real Estate Market has certainly recovered, it’s still not out of reach of the average home buyer or first-time buyers.  If home buying is not in the… Read More