Equity Loans, Rising Home Prices in Phoenix Market - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

CoreLogic: Static Interest Rates Contribute to Rising Home Prices

For the third year running, Maricopa County is the fastest growing county in the U.S. For those of you who are not residents (yet), Maricopa County is commonly referred to as “The Valley of the Sun”. It is essentially Central Arizona and encompasses some of the most recognizable cities in the state: Phoenix for one,… Read More

a young couple sitting on a white rail fence - Sellers Market, Market Conditions, Mortgage Interest Rates - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Home Sellers, Time to Get Off the Fence as Mortgage Rates Ease Off

With the recent rise in mortgage rates beginning to level off, and Real Estate’s busy season fast approaching, conditions are ripe for Home Sellers to get off the fence. Properties in first-time-buyer range are flying off the shelf, as are more expensive homes… priced right. If that weren’t enough good news for Home Sellers, more… Read More

branches surrounding large STOP sign in center - stop renting, photo by michael-mroczek on Unsplash - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Renting? You’re Already Paying a Mortgage, Just Not Your Own

STOP paying someone elses mortgage! Has it ever occurred to you that while you’re renting a home, the mortgage you are paying is someone else’s? The vacation you are funding is your landlords? And all your efforts are going into taking care of a property that will never be yours? That property is building equity,… Read More

house with dollar sign inside and crossed arrows around percent sign - Home Prices down Interest Rates up - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Mortgage Rates Make Moves

Mortgage Rates Make Moves I was talking with a mortgage lender recently at a Home Buyer’s seminar. He was maintaining a positive outlook on mortgage rates in spite of the recent rise and expected jump next month. I would caution you however, if you are on the fence about when to buy a home, when… Read More

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

The Housing Market Reflects Consumer Caution in September

Consumers Show Increased Caution in Home Purchase Sentiment in September September was indeed a quiet month for the Real Estate industry. In itself, this is not unusual however October is also beginning a little sluggishly. I find this a bit puzzling considering remarkably low interest rates and stagnant home prices. I feel that this is… Read More