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

Real Estate Market Statistics graphic, Arizona Real Estate Market Recovery - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Past Weeks Market Activity Closely Following the 90 Day Average

In both Gilbert and Chandler, Real Estate market activity for the past week is nearly a photocopy of average conditions for the 90 days since the beginning of 2016. Check the graphs for median price, price per square foot, inventory and days on market. Complete Gilbert Real Estate Market Update Report can be found here…. Read More

Older luxury home, Fixer-Upper, "As Is", Home in need of repair, Fix and Flip, large house - Bill Salvatore, Arizona Elite Properties 602-999-0952

Today’s Housing Mirrors the 80s, According to New Freddie Mac Report

In many ways, today’s shifting housing market resembles the real estate climate of the 1980’s, according to Freddie Mac. The company’s November Insight & Outlook report examines the changes in mortgage servicing, discusses some of the factors that produced them since the housing crisis, and looks at the highly influential role the 55+ age cohort… 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

Home Prices Soar in Western Markets

Among the nation’s top 300 markets, a total of 170 or 57 percent have now achieved full price recovery, according to Homes.com®’s September 2015 Local Market Index, a price performance summary of repeat sales in the top 100 markets, and the companion Midsize Markets Report for the next 200 largest markets. By September, 53 out… Read More

Gilbert in the Top 10… Again!

I know there are a lot of surveys and comparisons out there, and we are all aware that information is often manipulated. Having said that, I’m thinking it can’t be a mistake that several Arizona cities keep popping up on the positive side of so many studies. And here we are again! Gilbert, Chandler, and… Read More