young home buyers going over paperwork with their Realtor - Millennials buying homes - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Infographic: The Millennial First Time Home Buyer Looks Like This

The closing was earlier this morning. The location is an in-demand community in Chandler, Arizona. The sales price was in the upper $200s, and the first-time home buyers and excited new homeowners, Chris & Tiffany, are Millennials. The above is a common scenario in Arizona’s busy 2018 Spring real estate market, indeed throughout the country… Read More

downward red arrow on top of house silhouette with dollar bill in background - Low Mortgage Interest Rates - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

Rising Interest Rates: Who’s Afraid of the Big Bad Fed? You Probably Shouldn’t Be.

Rising Interest Rates: Who’s Afraid of the Big Bad Fed? You Probably Shouldn’t Be. According to RISMedia, mortgage rates actually dropped this week after several rounds of rises. But even prior to this moderate dip interest rates still stood very firmly in favorable territory for Home Buyers. Read on to see how the Fed’s decisions… 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

Trulia Report: Homes in the First Time Buyer Range in Short Supply.

Trulia Report: Homes in the First Time Buyer Range in Short Supply. As a rule I’m not impressed with Trulia. Their home values are skewed by incomplete and vague information, and often the availability of a specific property is inaccurate i.e. not corresponding to the MLS data from which it is borrowed. Having said that,… Read More

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

Price Check: Housing Affordability Still Positive

Price Check: Housing Affordability Still Positive All of the cities on the ‘least affordable list below’ are located in California. This is not news, California as a whole has always lead the pack in rising home prices. The report and complete Index Listings are available here.  In Arizona, Siera Vista and Tucson rank fairly high… Read More

Woman studying credit on a computer screen, Credit Repair, Understanding Credit

Video: News About Credit, It’s Not all Bad – 5 Things That Won’t Ding your Credit

Most of us try to keep tabs on our credit score. Seems we’re always talking about credit, I guess because our credit scores affect practically everything we do from getting a low interest rate when we buy a home, to finding insurance or getting a job. There are a few things however, that you might… 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

Video: How to Buy a House, the k.i.s.s. method

Contrary to popular belief, buying a home should never be complicated, confusing, stressful, or frustrating, and if your Realtor is doing their job, it won’t be. With the proper systems in place your transaction can be smooth, exciting and even fun. There really are lenders who won’t lecture you, home inspectors who won’t alarm you,… 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

Video: 3 Home Buying Tips for Today’s Market

3 Home Buying Tips To Keep in Mind Interest rates remaining at historical lows is may be one of the few factors still favoring home buyers. With real estate inventory numbers flat and home sellers still in a ‘seller’s market’ mindset, an efficient and well-informed home buying strategy is crucial to your success. It’s important… Read More