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

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

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

upscale modern living, family room - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Video: Designer Tips to Make Your Home Look Expensive

Many of the more upscale homes on the market today are minimalist – no frills, sleet surfaces, soft natural pallets with pops of color, and nearly bare walls. If you’re looking to stage your home for sale, keep these things in mind as well as the tips in this video.      ~Bill ==   ==   == Shopping… Read More

Home Gone Green? You May Be Eligible for Tax Credits

Homeowners who have invested in energy-efficient upgrades, such as fuel cells, geothermal heat pumps, small wind turbines, solar panels and solar-powered water heaters, may be eligible for the first credit. Homeowners who have invested in energy-efficient improvements like insulated roofing, windows and doors may be eligible for the latter. Did you make your home more… Read More

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

East Valley Real Estate Market continues its upward trend.

Real Estate Market Update for Gilbert and Chandler AZ – week ending March 14, 2016 Gilbert AZ – Average price per square foot is $141 this week, up slightly from this same period last month. See the complete Gilbert Real Estate Market Report for week ending 3/14/16 here. Chandler AZ – Average Days-on-Market (90) has… Read More

natural cleaning, home made cleaning, vinegar - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

20 Ways to Spring Clean the Natural Way

(Family Features)—Spring cleaning on the agenda? Don’t break out the bleach—reach for vinegar, a non-toxic cleaning solution, instead. It’s less expensive than commercial products, and has much more use value. “Cleaning with vinegar has always been an effective way to banish dirt and grime in kitchens, bathrooms, the garage and the outdoors,” says Mike Smith,… Read More