hand placing wooden house cutout next to small jar of money - Consumer Confidence, Strong Economy, money,-house-graphic-Designed by Freepic - Bill Salvatore, Arizona Elite Properties 602-999-0952- Arizona Real Estate

Survey Says: Income, Spending and Housing Confidence on the Rise

Survey Says: Income, Spending and Housing Confidence on the Rise Consumers are a bit more optimistic about their household finances, expecting not only household incomes to grow, but also their household spending, according to the results of the Federal Reserve Bank of New York’s Center for Microeconomic Data Survey of Consumer Expectations (SCE) for 2017…. Read More

Real Estate Market, Report, Update, Statistics - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Housing Market Shows Continued Signs of Consumer Confidence

Housing Market Shows Continued Signs of Consumer Confidence The Arizona Real Estate market mirrors the majority of the nation with a record year so far in 2017. azCentral.com reports that barring the boom and bust years, 2005 & 20011, Arizona’s housing market is the best it’s ever been. As a matter of fact, even though… Read More

Low Mortgage Interest Rates - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

A Rare Balance: Mortgage Rates Hit a New Low, Home Prices Remain Stable

A Rare Balance: Mortgage Rates Hit a New Low, Home Prices Remain Stable. I realize this isn’t the season that most folks choose to move. Kids are settled into classrooms, ‘bad weather’ season is on its way in most parts of the country, and the holidays are creeping up fast. I get all that, I… Read More

Real Estate Market, Report, Update, Statistics - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Housing Industry Growth Unclear as the Nation Awaits Policy Decisions

Housing Industry Growth Unclear as the Nation Awaits Policy Decisions. Housing affordability, as in any market, is controlled by supply and demand. Currently, at least in the affordable housing sector, demand is exceeding supply. This news isn’t all bad however. Home Sellers are experiencing the advantage known as ‘Seller’s Market’ for the first time in… Read More

Symbols of Environmental and Geological Hazards - environmental hazards, fissures, air quality, healthy environment - Bill Salvatore, Arizona Elite Properties 602-999-0952

Will Environmental Hazards Have an Impact on Your Home Value?

Will Environmental Hazards Have an Impact on Your Home Value? The factors most people consider when determining their home’s value include size, condition and location, but have you considered the impact of possible environmental hazards? In areas where they are most pronounced—environmental hazards such as poor air quality can and do have an effect on… Read More

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

NAR Statistics Confirm that HOME Really is Where the Heart Is

Infographic: NAR Statistics Confirm that HOME Really is Where the Heart Is I can corroborate the National Association of Realtors findings. A substantial portion of home buyers and sellers cite being closer to family as their main motivation for relocating. I’m currently working with a Dad whose son and daughter moved closer to each other… 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

Anticipate a Promising Outlook for Home Sellers in 2017

Anticipate a Promising Outlook for Home Sellers in 2017. Home prices continued their climb in September, up 6.3 percent year-over-year and 1.1 percent month-to-month, according to CoreLogic®’s recently released Home Price Index (HPI™) and HPI Forecast. The Forecast projected a 5.2 percent price increase from September 2016 to September 2017, generating $1 trillion in homeowner… Read More

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

The Housing Market Remains Promising in Light of Uncertain Global Economy

The Housing Market Remains Promising in Light of Uncertain Global Economy Historically in a time presidential transition, our American economy has been perceived by ourselves and others as a bit ambiguous. This is not without merit. No one can truly predict what any future President will do. The state of the U.S. economy touches nearly… Read More

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

Positive Trends in Housing Confidence

Positive Trends in Housing Confidence. Though the Real Estate market is quieter than in recent months, there is still a slight upward trend, though I’m not sure how long this will last. I believe low interest rates will remain but the historic lows we’re seeing right now may soon be a thing of the past…. Read More

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

Homeownership Still a Smart Move for Millennials

Homeownership Still a Smart Move for Millennials. When Millennials were graduating from college and entering the work force, the economy was in a downturn or at best, just beginning to recover. The value and stability of home ownership was in question for a lot of folks. Reality is, the assault that our economy and our… Read More