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

Real Estate Trends: Homeownership Edging Up

The gradual upward movement of Arizona’s current Real Estate market is very much like most other markets throughout the U.S. The rate of Arizona homeownership has been on an upward trajectory since 2015 when it hit a 20-year low point of 61.7%. 2016 saw a moderate rise to 61.9, and a substantial increase to 64.4%… 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

Highest Gains in Home Prices since 2007

In March, U.S. home sellers sold their properties for an average of $30,500 more than their purchase price, a 17 percent average gain—the highest average price gain for home sellers in any month since December 2007 at the onset of the Great Recession. These data are from RealtyTrac®’s March and Q1 2016 U.S. Home Sales… Read More