Welcome!
  •       Welcome to the Heidi in Houston’s web-blog. I am so excited to share some of my life experiences in the “space city” through this blog. Life can be hectic, but I will make every attempt to take time out of my busy schedule to share great photos and information of the places I visit, people I meet and organizations I connect with in our wonderful city. I will try to be unbiased, although, this will be a very difficult task to accomplish because Houston is a city that I absolutely love. It just seems very easy to […]

    About Heidi

          Welcome to the Heidi in Houston’s web-blog. I am so excited to share some of my life experiences in the “space city” through this blog. Life can be hectic, but I will make every attempt to take time out of my busy schedule to share great photos and information of the places I visit, people I meet and organizations I connect with in our wonderful city. I will try to be unbiased, although, this will be a very difficult task to accomplish because Houston is a city that I absolutely love. It just seems very easy to […]

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JUST LISTED: Meticulously Maintained home for sale in Lakes of Parkway!

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MLS# 48492631 

Home is also available as a lease (MLS#74170870)

 

To Schedule a showing please call 281-558-4114

 

Sincerely,

 

Exclusively listed by Dietrich Properties, Keeping it Personal(c)
A Lakes of Parkway Neighbor – Specializing in Lakes of Property and the Energy Corridor.

 

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Zillow: $40 Billion to Flood Into Housing Market, Even as Homeowner Incentives Limited

Americans’ earnings, generally, have gotten a lift on payday as a result of the Tax Cuts and Jobs Act. With cuts come more discretionary spending—and, although there are changes to homeowner incentives, almost $40 billion of it is going into the housing market, according to a new report by Zillow.

“Despite new limits to two longstanding tax benefits for homeowners, the typical American taxpayer saw their tax burden fall in 2018 as a result of tax reform,” says Aaron Terrazas, senior economist at Zillow. “Some of these tax savings will still find their way into the American housing market, even though they were not explicitly targeted there, as renters and homeowners decide to use their tax savings to rent or buy a bigger home, or renovate their existing home.”

Approximately $13.2 billion is estimated to flood into market as owners and renters trade up, while $24.7 billion is expected to be invested in remodeling projects, the report reveals. With an average $1,610 saved per taxpayer (according to the nonpartisan Tax Policy Center), homeowners are projected to spend 15 cents on the dollar to renovate; renters, 11 cents to trade up.

The disparity between dollars for remodeling and trading up is in line with a growing trend: homeowners are forgoing moving up and investing in projects instead of purchasing. While the existing housing stock is in need of updates, when homeowners stay put, inventory shrinks—and currently, inventory is at its lowest on record.

According to the report, compared to higher-income households, Americans in the bottom income tier—who average $60 in savings from the Tax Cuts and Jobs Act—are allocating more of those savings to trade up.

“Lower-income households will spend more of their tax cut on buying or renting a bigger home, adding demand to an already rapidly appreciating housing market,” Terrazas says.

For more information, please visit www.zillow.com.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

The post Zillow: $40 Billion to Flood Into Housing Market, Even as Homeowner Incentives Limited appeared first on RISMedia.

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Appreciation Linked to Population Rise

Appreciation and demand go hand in hand, and for investors, both are key to profit, according to a new report.

Assessing the association between growing interest and mounting prices, analysts at HouseCanary found that appreciation is higher where inbound migration numbers are swelling. Boise, Idaho, for example, has had a high influx of new residents, and a corresponding increase in prices across all property types—from 2010 to 2017, Boise greeted more than 57,600 new residents, while apartments appreciated 7.7 percent year-over-year, condo prices rose 7 percent year-over-year, and prices on single-family steepened 5.7 percent year-over-year.

In addition to Boise, HouseCanary found the migration pattern-price relationship in the Deltona-Daytona Beach-Ormond Beach and Orlando-Kissimmee-Sanford, Fla., metros (a combined 404,000-plus new residents); the Las Vegas-Henderson-Paradise, Nev., metro (approximately 181,900 new residents); the Sacramento-Roseville-Arden-Arcade, Calif., metro (approx. 99,200 new residents); the Salt Lake City, Utah, metro (approx. 71,200 new residents); and the Seattle-Tacoma-Bellevue, Wash., metro (310,560 new residents).

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HouseCanary_3

Beyond the correlation between demand and prices, apartments and condos, generally, have faster-growing prices than in the single-family segment, according to the report.

For more information, please visit www.housecanary.com.

DeVita_Suzanne_60x60Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

The post Appreciation Linked to Population Rise appeared first on RISMedia.

Via: http://feedproxy.google.com/~r/RismediaConsumerNewsAndAdvice/~3/i4xPv7B7mDc/

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Amazon Experience Centers Look to Transform Smart-Home Shopping

Amazon is making moves yet again. As a way to market its smart-home business segment without having to invest in conventional store locations, the online marketplace giant has partnered with Lennar Corporation to provide connectivity demos of Alexa-enabled products—everything from video doorbells and smart shades to lighting and scheduled deliveries—within the homebuilder’s model homes, calling these showrooms Amazon Experience Centers.

“Amazon’s ability to bring a home to life with Alexa smart-home experiences, entertainment and services—coupled with their obsession with customer experience—is a natural extension of our Everything’s Included approach to home-building,” said David Kaiserman, president of Lennar Ventures, in statement. “We picked Amazon because of our shared commitment to customers, their Amazon experts across the country, and their ability to connect customers with thousands of service providers through Amazon Home Services.”

These Centers are already open to the public in certain Lennar communities, including in Atlanta, Dallas, Los Angeles, Miami, Orlando, San Francisco, Seattle and Washington, D.C. Within these model homes, prospective buyers can test-control thermostats, lights, shades, locks, televisions and more using Amazon’s trademark smart speaker, Echo, and Alexa AI.

“We wanted customers to experience a real home environment that showcases the convenience of the Alexa smart-home experience, great entertainment available with Prime and Home Services,” said Nish Lathia, general manager of Amazon Services, in a statement. “We are excited to extend our relationship with Lennar with the launch of Amazon Experience Centers. As one of the nation’s largest homebuilders, Lennar offers the potential to enable this experience within easy driving distance of millions of customers.”

Along with its smart speaker offerings, Amazon is also promoting Prime and Home Services, creating an intelligent home environment that is being touted as a money- and time-saver. For example, with Amazon’s Dash series, homeowners would be able to simply press a button to reorder any essentials, such as household items, favorite snack foods, pet supplies and more.

No doubt Lennar will see increased traffic to its model homes because of the partnership, but is this just Amazon’s next step in a larger campaign to fully entrench itself in the real estate industry? Its recent progressions pointing to—yes—talks of a robot give a glimpse into Amazon’s planned future for AI-run households.

Liz Dominguez is RISMedia’s associate content editor. Email her your real estate news ideas at ldominguez@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

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Staged to Sell: View Inside This Rosedale, Md. Home

Have a home you recently staged that you’d like to show off here at Styled Staged & Sold? Submit your staging photos for consideration, along with three to five of your best spruce-up tips. Contact Melissa Dittmann Tracey at mtracey@realtors.org.

Home stager: Cyndi Ryan with Staging Gracefully, Middle River, Md.

About the property: A 3-bedroom, 3-full bath single-family home with a 5-car garage and open floor plan in Rosedale, Md. The property was completely restored by Yanni LLC.

Photo credit: Cyndi Ryan with Staging Gracefully, Middle River, Md.

Photo credit: Cyndi Ryan with Staging Gracefully, Middle River, Md.

Photo credit: Cyndi Ryan with Staging Gracefully, Middle River, Md.

Photo credit: Cyndi Ryan with Staging Gracefully, Middle River, Md.

Photo credit: Cyndi Ryan with Staging Gracefully, Middle River, Md.

Cyndi’s staging tips from this property:

1. Clean is serene! A fresh, bright decor brings a feeling of peace and tranquility. Whites and beiges paired with a darker wood is a great way to really extenuate a crisp, clean palette. Keep counters clear. Tuck toasters, can openers, and other handheld appliances away to maintain an open non-cluttered prep area.

2. Art does not have to be store bought pictures and paintings. Be creative. Clocks have so much personality now. Choose one that really demonstrates the style of the house and because of their popularity they are also easy to find for an inexpensive price. Create colorful abstract canvases with acrylic paint. Mount an old piece of driftwood or an old farm tool over a sofa for a dramatic textured focal point.

3. Stage the open house. Your refreshments may be store bought but your presentation shouldn’t show it. Break out those gallon pitchers with the cute spout at the bottom and invest in a few really awesome serving plates and racks. Add fresh cut fruit to your drink cups. You want buyers to feel they just walked into the next home where they will entertain friends. Add a little soft jazz playing in the background or music that is gentle and peaceful.

Photo credit: Cyndi Ryan with Staging Gracefully, Middle River, Md.

4. Unclutter. Declutter. Disclutter. Keep your staging simple. Whether for selling that property or even in your own home, no more clutter. The era of knick knacks and curios full of figurines left us some time ago. Minimize to a few staple pieces atop cabinets and dressers. Bring in fresh flowers (or even realistic artificial) and greenery. Let nature help create a space that is welcoming and spacious.

5. Dress the house for the occasion. Ever gone to a party and found that you were overdressed or under-dressed? Know your audience. Designing decor that is the most trendy, cutting edge in the world of interior design isn’t what will speak to most buyers. Buyers are looking for a relateable atmosphere where they can picture themselves. Design your staging to meet the price of the home and neighborhood it’s in. Also, be sure to invest more in homes that will bring a clientele that is looking for a bit more drama. Don’t be afraid of jewel tones or rich textures. Just know what style speaks to your potential buyers for that home.

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