Frame of house in front of bright blue sky - Bill Salvatore, Realty Executives East Valley - 602-999-0952

Residential New Construction Sales Skyrocket, and For Good Reason

Sales figures for New Construction homes closed in July are not in just yet. But I’ve spoken with several builders in the past few weeks and they’ve told me they are crazy busy, even having difficulty keeping up with the limited number of lots they are permitted to release for sale each week. The timetable… Read More

downward red arrow on top of house silhouette with dollar bill in background - Low Mortgage Interest Rates - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties - 602-999-0952

Low Mortgage Interest Rates and Coronavirus – Unprecedented, Unified and Urgent

Along with Coronavirus being a novel occurrence, so too are Mortgage Interest Rates. I know I’ve never seen anything like it, some rates are under 3%. Personally, I would be thrilled if I were in a the market for a home right now. It might seem like a strange time to be buying a home,… Read More

Strong Housing Market Arizona - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Why Are Existing Home Sales Tanking?

Why Are Existing Home Sales Tanking? *check in tomorrow, for How to Buy a Home in a Seller’s Market. I wouldn’t exactly call it a plummet, but there’s been a definite, noticeable decrease in existing home sales. This is not to say that home buyers are disappearing, not even close, it’s to replay my mantra… 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

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

Desk top with credit report, money, calculator and pie-graph

And the Winner is… The Number 1 Influence on 2017’s Real Estate Market

And the Winner is… The Number 1 Influence on 2017’s Real Estate Market The facts of financing are undeniably influential but the nuances are really what shape the Real Estate Market. Mortgage interest rates rise and fall regularly, and though we’ve had several interest rate drops in recent weeks, all the news is about rising… Read More

Arizona Community, tree-lined street

Low Supply Has Homes Selling Fast

Due to tight real estate inventory and low interest rates, Arizona resale homes are selling fast and residential New Construction is booming. We have discount programs to help with closing costs, and a highly experienced staff to help you make you make the smartest real estate investment.