Britney Does It Again: Pop Icon’s Thousand Oaks Home Up for Sale

By Suzanne De Vita Don’t hold it against her. Britney Spears has placed her Thousand Oaks, Calif. home on the market —seven months after purchasing a nearby property—for $8,995,000. The Mediterranean-style, single-story home is located in the Lake Sherwood enclave, neighboring a who’s-who in music that includes Paul Anka and Tom Petty. She’s so lucky! Built in… 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

Q: What is seller financing?

A: Also known as a purchase money mortgage or carry-back, it is when the seller agrees to “lend” money to the buyer to purchase and close on the seller’s home. Usually sellers do this when money is tight, interest rates are high or when a buyer has difficulty qualifying for a conventional loan or meeting… Read More

Landscaping, garden, yard - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Planning an Outdoor Makeover? 15 Popular Upgrades

Signs of spring (and summer!) are cropping up everywhere, and for homeowners, that means readying outdoor spaces for the season. Some, according to a Houzz.com report, are planning to renovate, as well. “Nearly half of outdoor renovators spend six or more hours a week in their yards, motivating them to invest in major features that… Read More

Regulation Stamp, TRID, mortgage regulations - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Home Loans Hampered by Regulatory Burden

Eighty-six percent of the typical bank’s mortgage loans made last year were “qualified mortgages,” according to the American Bankers Association’s 23rd annual Real Estate Lending Survey. Despite an increase in non-QM lending, the survey results revealed that 72 percent of respondents expect the Consumer Financial Protection Bureau’s mortgage lending rules will continue to cause a… Read More

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

Thursday Stats: and the Trending, In-Demand Home Size is…

In the Phoenix area’s East Valley, four bedrooms, two and a half baths seems to be the most in-demand stat for home buyers right now. You can find other Real Estate market statistics for Chandler, Arizona here. And Gilbert, Arizona Real Estate market statistics for the past week are here. We have market reports available… Read More