red hued woman looking at a computer screen with hands holding each side of her head - Foreclosure, Forbearance, Mortgage forgiveness - Bill Salvatore, Your Valley Property Team - Arizona Elite Properties 602-999-0952

Mortgage Forbearance Does Not Mean Forgiveness, Don’t Let it Mean Foreclosure

Covid 19’s wide-ranging impact sadly involved much more than our health. Just over 10 Million homeowners struggling to pay their mortgage, were forced to enlist forbearance (a temporary interruption in monthly payments) to tide them over until the employment market and their financial position improved. Forbearance however does not mean forgiveness. Those deferred payments are… Read More

Two women sitting at a desk filling out paperwork - Veteran Realtor, Home Buyer, Home Seller - Bill Salvatore, Arizona Elite Properties

Do Veterans make the best Realtors?

Do Veterans make the best Realtors? I’ve always thought so. In a recent article written by Forbes leadership and management contributor Kate Cooper, it was noted that Military Veterans develop valuable skills while serving, and in spite of their extensive training in areas such as project management, teamwork and leadership, many Veterans struggle to find… Read More

Four people standing in the dark making the letters COOL out of sparklers - Cool, Summer Heat, Weather - Bill Salvatore, Arizona Elite Properties

Video: 5 Money Saving Tips for Cooling Down Your Home

Though Summer temps in the Phoenix area routinely register in triple digits, there are ways to survive the heat. The Phoenix.org website cautions that we all should know the signs of heat illness, and take some basic precautions when Summer sizzles. Suggestions range from staying hydrated to, believe it or not, covering your head, arms… 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

Static Mortgage Rates Fit the Pattern

Early, alarming predictions for a dramatic surge in mortgage rates in 2018, have so far fallen flat. True, home buyers have seen incremental increases in rates for home loans since January, but in more of a one-step-forward-and-two-steps-back pattern. I’m cautiously optimistic that this might continue for three significant reasons. First, the country’s economy appears to… Read More

Strong Economy, Job Growth, Money Markets, Financial - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

Unemployemnt Lowest in Nearly 2 Decades

Unemployment statistics are promising but it may not be what you think. So far this year, job growth has actually been slower than anticipated, yet employment numbers continue to drop… more on the reason for that below. So what does this mean for our Real Estate market? Higher unemployment was one of the main factors… Read More

a young couple sitting on a white rail fence - Sellers Market, Market Conditions, Mortgage Interest Rates - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Home Sellers, Time to Get Off the Fence as Mortgage Rates Ease Off

With the recent rise in mortgage rates beginning to level off, and Real Estate’s busy season fast approaching, conditions are ripe for Home Sellers to get off the fence. Properties in first-time-buyer range are flying off the shelf, as are more expensive homes… priced right. If that weren’t enough good news for Home Sellers, more… Read More

hand placing wooden house cutout next to small jar of money - Consumer Confidence, Strong Economy, money,-house-graphic-Designed by Freepic - Bill Salvatore, Arizona Elite Properties 602-999-0952- Arizona Real Estate

Property Taxes 101 for Home Buyers or New Home Owners.

When you sign your closing documents as either a home seller or a home buyer, there will be a notation on the Settlement Statement regarding property taxes. There’s always a bit of a kerfuffle over property taxes so it helps to understand how they work. If you’re a homeowner here in Arizona you’ve probably just… Read More

HVAC - AC - air conditioning - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

Video: Breathe Easier at Home

Arizona doesn’t have many of the moisture and mold issues that plague the rest of the country, but in and around our three major cities, we most definitely experience dangerous air-quality concerns. Of the three major metro areas in Arizona, Phoenix is by far the most prone to problematic air quality- notably car exhaust and… Read More

spacious room with wood floors, columns, walls and ceiling accents - luxury home, wood floors, wood accents - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate Luxury Homes

Style, Species, Surface and Selection, Wood Flooring Trends to Watch

Real wood flooring is gaining popularity in every room of the house for New Construction or remodeling. Hardwood adds style as well as value, is easy to care for and eco-friendly. Both inside and outside your home, the environmental benefits are undeniable. According to the nwfa, “Wood flooring is the most abundantly renewable flooring material available…. Read More

man holding tablet with colorful graphs - saving energy, saving money-Photo by Olu Eletu on Unsplash - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Video: Easy Energy Efficiency Hacks for Your Home

There are loads of simple, inexpensive ways to save money on energy bills. I think we’re all looking to save a little something around the house, whether it be energy or cash or both. There are tons of simple, inexpensive updates you can do yourself, that will greatly affect both. It might seem obvious, but… Read More