Spacious 3-car garage with storage - Beautiful 4 Bedroom home - 3989 Santa Clara, Santan Valley, Arizona

Simple Tips to Unclutter the Garage and Set the Stage for a Successful Sale

By Keith Loria When selling a home, staging is an important piece of the puzzle that can’t be overlooked. From the kitchen to the bedrooms and bathrooms, staging is a great way to make sure your home appeals to the masses. While staging spaces within your home is crucial, many sellers often neglect one important… Read More

Outline of home with smart technology, tablet, phone, thermostat and upward arrow indicating increasing value - Bill Salvatore, Arizona Real Estate - Arizona Elite Properties 602-999-0952

Video: 3 Ultra Modern Fixtures for a Futuristic Bathroom

We’re big fans of smart home technology. Not only is it a lot of fun but there are tons of practical, energy conserving and money saving features that are easy to incorporate into your day-to-day life. As home technology matures it’s getting less expensive as well. In addition to the awesome ideas in the video… Read More

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

Housing Market to Retain Forward Motion, Freddie Mac Says

While recent data darkened the growth outlook for the first quarter, April data has experts predicting housing will maintain its momentum in 2016 and be an economic engine of growth. This insight comes from data recently released by Freddie Mac. The report shows that recent declines in mortgage rates have also boosted refinance potential. “We’ve… Read More

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

Employment - Jobs - Working People - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Video: Marketing Your Home to Millennials

The millennial home-buyer market is huge and you can’t go wrong with updates that will appeal to this 24-32 age group, after all, this kind of modernization can only get more valuable in the future and will make your life easier while you’re still living in your home. The video below contains a few tips… 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

Exhausted Couple sitting among moving boxes - Packing boxes, Moving Tips for Home Sellers, Moving Advice for Home Buyers, - Bill Salvatore, Arizona Elite Properties 602-999-0952

Moving? Here’s Your Checklist!

I like the tips in the article below but I might add that for a Seller, sorting and purging personal possessions is best done BEFORE you put your house on the market. As you try to put your home’s best foot forward it’s difficult to be tearing closets, attics and storage spaces apart. In addition,… Read More

House outline with dollar sign and upward arrow - Strong Real Estate Market, Home Prices up - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Highest Gains in Home Prices since 2007

In March, U.S. home sellers sold their properties for an average of $30,500 more than their purchase price, a 17 percent average gain—the highest average price gain for home sellers in any month since December 2007 at the onset of the Great Recession. These data are from RealtyTrac®’s March and Q1 2016 U.S. Home Sales… Read More