Blue report book and graph with upward arrow next to a house for sale. Real Estate Market, Report, Update, Statistics - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Low Inventory Dictates Direction of Real Estate Market in the Phoenix Valley

The inventory of homes for sale in the Greater Phoenix Valley is paralleling a similarly reduced demand, resulting in a static resale market. Not really surprising considering the beginning of the new school year. If history is a predictor, the real estate market will pick up briefly before the holidays and resume ‘normal’ activity sometime… Read More

Senior Neighborhood, Active Adult Community, Elderly Housing - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

America’s Seniors Hold More Home Equity than Pre-Recession Peak

America’s Seniors Hold More Home Equity than Pre-Recession Peak An estimated $140.2 billion increase in the aggregate value of homes owned by seniors drove their share of home equity to $5.83 trillion and fueled the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) to an all-time high in Q4 2015 of 203.20 from 198.53 in Q3. This information comes from data… Read More