Wayne Elkins - Realtor

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Wayne Elkins - Realtor Realtor working for RE/MAX Creative in Lexington KY, Fayette, Clark, Madison, Powell, Bourbon, Montgomery counties. Richmond, Berea, Wi******er, Paris

As a devoted real estate professional I will make every effort to ensure your experience is as smooth and enjoyable as possible. So, whether you are seriously interested in getting into the real estate market, or simply just looking, I can help you find the answers to your questions about homeownership or selling your home. My goal is to assist you in finding that perfect home. Whether you want a big backyard or a 3-car garage, I will find you that special property. My experience will ensure that you are satisfied. Feel free to contact me if you have any questions about buying or selling a home in Lexington, Wi******er, Paris, Richmond, and surrounding areas. I am here to help you through the process; whether it is just answering general market questions or finding the right financial options for you. Contact me today to find out how I can help you out from under an old home and into a new one.

10/21/2026

Are AI Home Valuation Tools Worth the Cost?

10/19/2026

Pending Home Sales Rise 0.3% Nationwide

Kentucky Realtors releases housing market data for August 2026With over 25 years navigating Kentucky’s real estate marke...
10/17/2026

Kentucky Realtors releases housing market data for August 2026
With over 25 years navigating Kentucky’s real estate markets, I always keep a close eye on the latest trends to help my clients make informed decisions. The August 2026 numbers are in: Kentucky experienced a 14.9% drop in sales volume, totaling $1.33B, and listings sold were down 18.4%. Despite this, both median and average home prices climbed—median up 3.6% to $285,000, and average up 4.9% to $333,651. Inventory now sits at 5.19 months. Shifts like these can mean new opportunities if you know where to look, whether you’re buying, selling, or considering an investment property. My years of buying, selling, and flipping homes in this area have taught me to spot the pitfalls and the possibilities—so you can move forward with confidence.


https://www.roomvu.com/agent-news/wayne-elkins-2000434/2124142-Kentucky-Realtors-releases-housing-market-data-for-August-20

Hometap Expands Access to Home Equity for Millions NationwideThere’s an interesting new option for homeowners—now, nearl...
10/15/2026

Hometap Expands Access to Home Equity for Millions Nationwide
There’s an interesting new option for homeowners—now, nearly half of all homeowners across the country can tap into their home equity without taking on monthly payments or going through a refinance. This home equity investment product is now available in 27 states, giving folks up to 10 years to settle things through a sale, refinance, or buyout. Having spent over 25 years in real estate—buying, selling, and flipping homes myself—I’ve seen how important flexibility can be when managing your property’s value. Whether you’re thinking about accessing equity for a new venture or just want to understand your options, it’s always wise to know what’s out there. The real estate landscape keeps changing, and I make it a priority to stay up to speed on opportunities that might benefit homeowners and investors alike.


https://www.roomvu.com/agent-news/wayne-elkins-2000434/2120033-Hometap-Expands-Access-to-Home-Equity-for-Millions-Nationwid

10/14/2026

U.S. Builder Sentiment Hits 12-Month Low
Builder confidence has hit its lowest point in the past year, with the index dropping 3 points to 32 in late Q3. For those of us watching the market closely, the details tell an important story: current sales conditions are now at 35, and expectations for the next six months have slipped to 37. Buyer traffic remains steady at 23, but what stands out is that 38% of builders nationwide have reduced prices, and two-thirds are offering incentives—up from 63% just a few months ago. Mortgage applications for new homes have now declined for the fifth month in a row, as 30-year rates hover in the high-6% range. Larger builders are relying heavily on rate buydowns to help buyers secure better mortgage deals, rather than simply slashing prices. With rates likely to stay high—possibly through 2027, according to two major housing forecasters—the market continues to evolve. Having spent over 25 years buying, selling, and flipping homes, I find these trends both challenging and full of opportunity. Knowing how to navigate these shifts—whether buying, selling, or investing—can make all the difference.

10/11/2026

Honoring the Significance of Indigenous Day

10/08/2026

Have payments on newly purchased homes in the U.S. dropped?
I’ve been closely watching the shifts in home affordability, and here’s a quick update: the national median mortgage payment for new homebuyers has dipped to $2,175, though it’s still 2.2% higher than this time last year. With mortgage rates averaging 6.66%, buyers are feeling the pinch in areas like Idaho and Nevada, which currently rank as the least affordable states. On the other hand, Louisiana and North Dakota are offering some of the most accessible options for those entering the market. Having spent over 25 years navigating the ups and downs of real estate, I know how these numbers play out on the ground—every small change can open new doors or close others. If you’re thinking about making a move or looking for investment opportunities, understanding these trends is key to making smart, informed decisions.

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2808 Palumbo Drive
Lexington, KY
40509

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