Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 45

The National Housing Market is Rebalancing; It’s a Good Thing!

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

March is traditionally the harbinger of the busy homebuying and selling season. Last month followed that annual tradition but at a much slower pace than in recent years, according to the latest RE/MAX National Housing Report.

Home sales this past month were 8.6 percent lower than sales during March 2018. But should home sellers be concerned? RE/MAX CEO Adam Contos has said the current rebalancing of the national housing market is healthy for the industry since the demand among buyers and sellers is slowly equaling. The report also found that the average months supply of inventory — the amount of time it would take for every home currently on the market to sell if no other homes are listed — was 2.7 months. A balanced housing market is inventory of 6 months or more.

Here are some highlights of the latest data found in the RE/MAX National Housing Report:

  1. Homes sales in March were the slowest start to spring homebuying in five years.
    From 2015 to 2018, the housing market’s spring sprang to life with an increase in sales from February to March averaging 37.0 percent. March 2019’s month-over-month increase of 28.8 percent was the smallest since 24.6 percent in 2014.
  1. Inventory is up. Transactions are down.
    March was the eighth consecutive month of year-over-year sales declines and the sixth straight month of year-over-year inventory growth, with a 5.3 percent gain.
  1. Most homes are increasing in value, but at a slower pace.
    Housing activity in the report’s 54 markets nationwide also saw the Median Sales price grow by 3.4 percent year-over-year — notably smaller than the year-over-year increases in February (5.5%) and January (4.6%).

You can find more data in the RE/MAX National Housing Report. Ready for the spring selling season? Contact me today.

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Reprinted from RE/MAX Blog

How Cash-Strapped Consumers Can Become Homeowners — and Build Equity

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

Anyone who has saved for a down payment for a home knows it’s tough — especially for first-time homebuyers. In 2018, the National Association of Realtors (NAR) found that 13 percent of first-time homebuyers, said the most difficult step in the homebuying process was saving for a down payment.

It’s a misconception that a 20-percent down payment is required for a home purchase, when in reality, many home loan options exist that may be able to put consumers into a home for as little as three percent down. In fact, 77 percent of non-cash first-time homebuyers in 2018 purchased a property using a down payment of less than 20 percent. Buying a home may be within reach — RE/MAX and Motto Mortgage put together a list of the most popular loan options for first-time buyers.


Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Reprinted from RE/MAX Blog

Just Listed! 191 Wicked Wedge Way, Las Vegas

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

Great location in the awesome Rhodes Ranch community. Walk around the corner to the clubhouse and water park, pools and more. Gorgeous 3 bedroom upgraded home located on a cul-de-sac lot. Step inside to a long resting bench, which makes the perfect place to take your shoes off. Beautiful, man-made wood floors are found throughout the main level, plus tile and newer carpet upstairs. 4'' baseboards were added to the home and two-toned paint enhance the home.

The kitchen includes granite countertops and backsplash, nice cabinets, pantry, refrigerator, breakfast bar and the dining area adjoins it. An open floor plan makes for easy entertaining and the living room is spacious with a TV niche as well. A powder room completes the main level. The loft greets you at the top of the stairs and would make a great office, play room or TV room.

Double doors lead you into the master suite, which includes a pot shelf and vaulted ceilings. An oversized master bath includes a separate shower and soaking tub, dual sinks and tile floors. Two additional bedrooms and a laundry room are also found upstairs. The washer, dryer and the refrigerator are yours to keep. Outside you will find an extended patio with artificial turf, shrubs and flowering trees plus a gas line for the BBQ. This community has some of the best amenities in town including a large fitness center, adults only pool and lounge area with hot tub, indoor basketball courts, water park with lifeguards, family pool and lap pool, golf course, covered play area, billiards room with pool and ping pong tables, exercise classes and racquetball courts. 

For more information about this home or to see additional photos, visit here

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Prices Still Rule the National Housing Market; Inventory Catches a Break

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

Six straight months of declining home sales have resulted in one of the largest year–over–year inventory increases in at least 10 years, according to the most recent RE/MAX National Housing Report.

What does that mean to the average homebuyer and seller? If you’re a buyer, it’s good news — you potentially have more homes to choose from! It’s been a while since the National Housing Report has reflected a rise in inventory, especially in popular metro destinations.

If you’re a seller, there’s good news for you too. According to January data, the price of homes continues to rise across the country. That said, now more than ever, sellers must be in tune to their local housing market and aware of prices, along with trends that are selling homes faster. For guidance, turn to me, your local professional real estate agent.

Here’s a simple breakdown of the latest data found in the RE/MAX National Housing Report:

    1. Price is still king
      The median sales price jumped to $234,000 — an increase of 4.6 percent over the same month last year and the record for a January report.
    2. Inventory is on the rise
      Inventory grew year-over-year by an average of 6.4 percent across the report’s 54 U.S. metro areas. January marked the fourth consecutive month of year-over-year inventory growth — reversing a decade-long trend of shrinking inventory.
    3. Home sales are declining
      Year-over-year home sales dropped 11 percent. As noted, that’s good news for buyers because inventory is growing. And for sellers, it’s a good idea to work with an expert agent to determine the best list price suited to your local housing market.

You can find more data in the RE/MAX National Housing Report. Ready for the spring selling season? Contact me today. 

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

New on the Market - 4050 Pacific Harbors Drive

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

Marvelous two bedroom and two full bath condominium offers everything you have been looking for and much more. Downstairs unit. No stairs! Granite breakfast bar and counters, stainless appliances, nicely stained cabinets and a garden window for you to grow your own herbs. There is space for bar stools at the breakfast bar plus a separate dining area.

 

 

Spacious family room with built-in shelves and a wood burning fireplace. Slider in family room opens to covered patio and storage area. Peek a view of The Strip from your kitchen window. Refrigerator and full sized washer and dryer are yours. Crown molding. Two toned paint. Newer HVAC and water heater. Two large bedrooms. Master bedroom has separate bathroom with soaking tub and mirrored closet doors.

Ample guest parking. Beautiful gated community with park like grounds with clubhouse, pool and spa, fitness center and walking trails throughout the community. Gated community provides extra security. Covered parking.  Exterior building maintenance is handled by the HOA and the building was recently painted.

 

For more information or to see photos of the home, click here

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

 

New on the Market! 9817 Peseo Cresta Avenue, Las Vegas - Offered at $394,990

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

Stunning Peccole Ranch home. Almost new. Grand entry. Floor plan offers four bedrooms, three baths and a 2-car garage. Vaulted ceiling. Wood and Tile flooring. 3' Baseboards. 3 Door Refrigerator. Shutters throughout. One Bedroom and Bath downstairs. Newer carpet upstairs.

 

 

The kitchen offers extended granite counters with a breakfast bar, newer appliances and oak cabinets. Large formal dining room. Large family room with tile flooring. Two-Toned paint. Recessed lighting. Over-sized storage area under the stairs. Separate laundry room with extra shelves for storage.

Double Door Large Master with sitting room or den and master bathroom with dual sinks and separate soaking tub and shower. Newer HVAC, Tankless water heater, RO and Softener. Garage includes built-in cabinets and a work bench plus space for the cars. Newer Exterior paint. Private yard with larger trees. French doors lead to the patio. Pet door to the backyard. Raised flower beds in the back yard and mature trees provide privacy. Close to parks, walking trails, shopping and dining. Don't miss this one!

For more information or to see photos of the home, click here

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Lucky In Love and House Hunting: Agent Advice to Find the Right Fit

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

If you and your partner are house hunting — don’t let the stress of shopping for a new home dampen your romance. With two different opinions driving the purchase process, it can create disagreements. RE/MAX offers advice and tips for finding your perfect home — together.

TALK ABOUT YOUR FUTURE TOGETHER
“Consider the lifestyle changes most couples face throughout a long relationship,” says agent Lisa Harris of RE/MAX Center in Braselton, Georgia, near Atlanta. “Homeowners are living in their homes longer than ever, so couples need to consider possible lifestyle changes in the future. Think about kids, elderly parents, job changes and hobbies.”

SLOW DOWN
“In my area (metro Denver), I expect buyers to see multiple offers on homes through May and June,” says Manager Phil Shell of RE/MAX Alliance in Arvada, Colorado. “My best advice is for buyers to work with a professional agent who is familiar with the area and offers insights to the local housing market — the way you handle bids over list price and how quickly you react in a seller’s market depends on a specific region’s market. An experienced agent can offer advice on if you should be cautious or a little crazy.”

LISTEN TO EACH OTHER
“I always ask couples to write down their top 10 wants and needs separately, then I compare the lists to see where they can agree — it’s a great starting point for couples to get them on the same page before I begin to show them homes,” says Shell. “If nothing matches on their lists, I have them write down 20, and so on, until they can agree on at least a couple of factors to kick off their house hunting.”

RELY ON A GREAT AGENT
“The first thing I recommend house hunters do is ask their agent important questions,” says Harris. “Questions like, ‘How long have you been in the business?’ ‘How many buyers did you help last year?’ or ‘What are the top three things that separate you from the competition?'” Harris adds that the answers to these key questions allow homebuyers to identify the characteristics and qualifications they value most in an agent. And they also highlight the agent’s strengths that will help guide a couple through the real estate process.

When you are ready to start looking for a home, contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Reprinted courtesy of RE/MAX Blog

Three Tips for Making Small Spaces Work for Your Family

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

Small spaces aren’t the traditionally sought–after spaces for growing families, but with more millennial parents choosing to live a minimal lifestyle — families are adapting to life in homes with less square footage. If your family is downsizing by choice, or by necessity, follow the tips below for creating a functional space that can support your growing family.

Channel Your Inner Marie Kondo
It’s time to purge! Take a tip from tiny home enthusiasts who have chosen to live a simpler life — downsizing means committing to decluttering. Re–gift, donate and sell unwanted items. Eliminate multiples and only keep items that spark joy — and have your kids help.

Every Item Has a Home, Every Space a Purpose
Being thoughtful about what items stay in your family’s space is just as important as figuring out where to store it. Families without the space for a designated playroom may want to consider where toys will be tucked away. Try rotating toys to save space, while helping kids get the most out of playtime.

Go Vertical
Some may say that floor space is the most valued space in a smaller home — but vertical is the way to go! Bookcases, coat racks and shoe trees are all great options for tiny spaces.

Looking for a new home for your family? Contact me today and let's get started finding the right home for you. 

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Reprinted courtesy of Remax Blog

Could the Year of the Pig Prove Lucky for Real Estate?

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

As the Chinese New Year ushers in 2019 as the Year of the Pig, there are strong signs that point to this year as a time of good fortune and blessings. Could you put it to work for you in real estate? The 12th symbol of the Chinese zodiac calendar, the pig is said to be a symbol of wealth, and Chinese astrologists suggest that 2019 may be a great year to invest and possibly make some money. For those born in the Year of the Pig — 1935, 1947, 1959, 1971, 1983, 1995, 2007 and 2019 — this is your year! But even if you weren’t born in the Year of the Pig, you can still put all those positive characteristics to work for you when it comes to buying or selling a home.

OPTIMISTIC OUTLOOK
It is difficult to find another zodiac sign with as much optimism and positivity as the pig. Even with slowing home sales, economic growth remains solid and the Federal Reserve is holding off on any interest rate increases – making 2019 very inviting to first-time homebuyers, downsizers or current homeowners searching for an upgrade. Pigs are known to attract success — so set those priorities and get to work!

SEIZE OPPORTUNITY
It is said that those born in the Year of the Pig will have good luck in investment; now may be the time to pounce on a property while everyone else is stuck on pause. Inventory is bouncing back and more homes are within an affordable reach. Get to work now, rather than waiting until late March when the selling season typically kicks off, and you might just give yourself an edge.

PRACTICE PATIENCE
Additional positives for the pig: patience and tolerance. Searching for a new house or putting up a beloved home for sale requires calm and endurance. Stay the course.

SYMBOLS OF LUCK
Add a little luck to the mix by embracing feng shui in the Year of the Pig. Take note of the lucky numbers of the pig year: 4, 6 and 8. Insert a lucky pig color into your home staging – choose from yellow, gray, brown and golden. Look for homes that are facing the lucky directions, set your sights on southeast and northwest.

Think you’re ready to hit the housing market? Contact me today so we can get started making the year of the pig your lucky year. 

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Reprinted courtesy of Remax Blog

Tidying Up Tips Hit the Housing Market

by Heidi Winston, RE/MAX Lifetime Achievement Recipie

By Melissa Reeves

Admit it — over the holiday break you found yourself binge watching the hit show with superstar organizing consultant Marie Kondo and quickly realized your place is not sparking much joy. Never fear! The KonMari Method is here and the tidying-up trend can give sellers and buyers the gentle nudge needed to organize their personal spaces or clean up their financial houses before showings or placing a bid.

WE HAVE LIFT OFF!
The theme behind the hip, tidying trend is that by making changes in our living space we create a catalyst for change and give ourselves the momentum we need to take charge in other areas of life. A nicely organized and de-cluttered home shows well and knowing your financial story before hunting for a new home sets you up for success.

SPARK TIME SAVINGS
Just like the KonMari method can help organize your home, buyers are encouraged to tidy up their credit to save time too. Buyers who know their credit score, debt to income ratio and come with pre-approved home loans are saving time and headaches in the house hunting process which can mean the difference between deal or no deal. By building a strong financial foundation before you shop, your bid on the house of your dreams will have time on its side.

SHOW STOPPERS
For sellers, once your belongings are scaled back, you can reclaim some of that time you wasted on running around, cleaning up before a scheduled showing. Many sellers say the ultra-approach to simplifying has changed their lives and it helps them with the quick-clean when they are showing their homes to prospective buyers. By staying on top of the little things, like that big stack of papers, mail and books piling up on the dining room table – it’s easier to give your space a quick-clean before a last-minute showing.

SENSE OF SATISFACTION
The tidying-up method can make our brains happy and leave us with a sense of accomplishment. Order matters in avoiding debt and financial stress too. Earn, save and enjoy is key in tackling those finances. Concentrate on being proactive with your finances and stay financially responsible as you try to qualify for a home loan. Having your financial house in order feels as good as organizing that messy hallway closet.

SHOW YOUR BEST SIDE 
If you have your home on the market, simplifying a space can help you sell. Agents often tell sellers with big kitchens to clean out the useless items and create that extra space – this allows buyers to get a feel for the space and imagine where their own kitchen appliances would be placed or stored.

DECREASE FRUSTRATION
Buying or selling a home is hard, but the simple task of organizing can cut through the daily hassles of life. A well-organized home and a firm understanding of your finances can have wide-reaching effects on our mood, happiness and even relationships during the homebuying or selling period.

Whether you are selling your home or not, almost all of us can use a little more organization. 

Contact Heidi Winston of Winston Realty Group for all of your real estate needs. For more information or to schedule a showing, visit www.winstonrealtygroup.com or email Heidi@WinstonRealtyGroup.com. Once you work with us, you'll be glad we're your real estate professionals. 

Reprinted courtesy of Remax Blog

Displaying blog entries 1-10 of 45

Share This Page

Contact Information

Photo of RE/MAX Excellence Realty Real Estate
RE/MAX Excellence Realty
Heidi and Michael Winston
4435 South Buffalo
Las Vegas NV 89147
Heidi: 702-277-6599
Michael: 702-219-8692
Fax: 702-974-2288