Are Privacy and Space the New ‘Open Floorplan’?

The face of home design is changing. In 2022, one of the most sought after features for home buyers is office space. While most children have returned to school full time, many families are still dealing with at least one adult working from home, oftentimes two, with the possibility of permanent remote employment. Combine that… Read More

Small house on desk with contract and keys - 6Rising Rents, Renting a home, Rental Housing Market - Bill Salvatore, Your Valley Property Team - Arizona Elite Properties - 602-999-0952

Do Renters Now Prefer the Suburbs?

Recent Zillow research confirms there is some validity to the theory that renters are choosing the suburbs over city life. Similar to home prices, rents are rising everywhere, but more so in areas immediately surrounding many major cities. It only stands to reason that communities where rents are increasing are the ones that are most… Read More

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

Homes Are Selling Faster and Prices Are Rising

Homes Are Selling Faster and Prices Are Rising. This isn’t what anyone might have predicted for the Real Estate market during a pandemic. A lingering nationwide lack of inventory, worsened by Covid 19, is clearly responsible behind the scenes. But even though demand experienced the anticipated drop-off at the onset of the quarantine, it proved… 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

Zillow Real Estate Report: First Quarter 2018 is Outpacing 2017

Already our 2018 Real Estate market is blowing away last year’s stats, and the Phoenix area is not alone in its home shopping free-for-all. Zillow reports that most of the country is feeling the squeeze of the abundance of eager home buyers versus a shortfall of available listings. I tend to accept that the Real… Read More

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Shrinking Inventory Increases Home Values Beyond Predictions

Home values are appreciating faster than experts expected, rising almost 5 percent over the past year, according to Zillow® Real Estate Market Reports. There are 3.4 percent fewer homes for sale in the U.S. than there were 12 months ago. Zillow forecasted home values would grow 2 percent from April 2015 to April 2016, and outside housing experts… Read More