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

Consumer Confidence Up: As Goes Arizona, So Goes the Nation

Consumer Confidence Up: As Goes Arizona, So Goes the Nation. Consumer confidence kept improving in August, posting a 122.9 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 104.0, while the Present Situation reading rose to 151.2. July’s reading was 120.0. As of September 1,… Read More

military money home - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Congress Considers the Bipartisan ‘New Markets Tax Credit’ Worthy of Permanent Status

Congress Considers the Bipartisan ‘New Markets Tax Credit’ Worthy of Permanent Status. There’s very little to create controversy over in the New Markets Tax Credit. What it aims to do is to shore up the economy and housing markets in financially depressed and outlying rural communities. Positive reports are coming out of Alabama, New Mexico, Florida,… 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