Family playing with Baby in front yard of home - Happy-Family,-Home-Buyers, Home Sellers, House and Family - Bill Salvatore, Arizona Elite Properties - Arizona Real Estate

Are Higher Rental Costs Prompting More Millennials to Buy Homes?

Rental markets in the Phoenix Metro Area have exploded in recent months. As a matter of fact this article from AZ Central states that Phoenix ranks 9th for the most unaffordable cities for renters. And Millennials seem to be bearing the greatest rent-to-income liability. Great for investors. Not so much for Renters. Saving for a… 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

Rent vs Buy, Rent or Buy - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties

Video: Buying Beats Renting in More Than Half of Markets

Note from Bill: Regulations for buying a home after a financial event; short sale, foreclosure or bankruptcy, could be changing for the better! Call me for the latest information. You might be pleasantly surprised. Video: Buying Beats Renting in More Than Half of Markets This is definitely the case, at least right here, right now…. Read More

A 2015 Rent vs Buy Story

Buying Real Estate may not always make sense, but in 2015 the reasons for buying a home rather than renting, are multiplying fast, even faster than rental rates. Lots of people rent a place to live because they think they can’t buy. Maybe a financial event (for example bankruptcy, foreclosure, short sale) has dinged their… 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

Who are the dominant players among today’s home buyers?

Despite the economic and financial challenges young adults braved since the recession, Millennials want to become homeowners, according to the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent homebuyers and sellers. Rents are rising at an unprecedented rate making home ownership the smarter, more financially… Read More