Family playing with Baby in front yard of home - Happy-Family,-Home-Buyers, Home Sellers, House and Family - Bill Salvatore, Arizona Elite Properties - Arizona Real Estate

Are Higher Rental Costs Prompting More Millennials to Buy Homes?

Rental markets in the Phoenix Metro Area have exploded in recent months. As a matter of fact this article from AZ Central states that Phoenix ranks 9th for the most unaffordable cities for renters. And Millennials seem to be bearing the greatest rent-to-income liability. Great for investors. Not so much for Renters. Saving for a… Read More

Arizona Cities, Phoenix Arizona, Skyline Of Midtown Phoenix - Bill salvatore, Realty Executives East Valley - 602-999-0952

Are Americans on the Move? Migration Projection 2017

Are Americans on the Move? Migration Projection 2017. The Phoenix Valley is projected by Realtor.com to be the top real estate market in the country for 2017.  According to the Phoenix Business Journal census data “… Arizona, Maricopa County and metro Phoenix were all top 10 in growth.” But the Phoenix area has always enjoyed… 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