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MIAMI TODAY INTERVIEWS EWM’S NANCY BATCHELOR AND ME!

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Coral Gables, Coconut Grove, and Ponce/Davis Corridor
Homes for Sale vs Sold vs Pended in 2013
$1,000,000 and Over

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Pinecrest Homes for Sale vs Sold vs Pended in 2013
$1,000,000 and Over

Miami Today ended 2013 real estate news with a bang last weekThe December 31st issue recaps a very successful year for Dade County in the luxury real estate market (sales prices of $1,000,000 and up).

Read the article for details but in summary nearly 1 in every 5 single family homes closed in Dade County sold for $1,000,000 or more.  In the condo market about 1 of every 8 properties sold for $1,000,000 or more.  Bringing this reality a little closer to home let’s look at the $1,000,000+ single family home stats in Coral Gables (including the Ponce/Davis corridor), Coconut Grove, and Pinecrest, where I specialize in luxury properties. The graphs represent properties which have sold, are pending a closing, or are for sale on the MLS system.

Another fun fact: real estate agents at EWM Realty International sold a property for $1,000,000 or more about every 17 hours in 2013!  It was an exciting year in real estate and all indications are that the momentum will continue in 2014.

To learn more about South Miami, Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International or www.MiamiRealEstateWorks.com at email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!

 

‘It Takes a Village’ to Successfully Buy or Sell a Home

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It takes more than a willing Buyer and Seller to close a real estate transaction, especially in today’s market where low inventory can produce stress and hasty decisions. It ‘takes a village’ of professionals who can work together harmoniously for the same goal.

I’ve been very fortunate this year to have worked with not only great Buyers and Sellers, but some of the kindest, most wonderfully experienced realtors, home inspectors, permit processors, title companies, and real estate attorneys working in Coral Gables, Coconut Grove, Pinecrest, South Miami, Palmetto Bay, and the surrounding corridors. 

Thank you for a fantastic year, and best wishes to all of you in 2014. 

To learn more about South Miami, Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International or www.MiamiRealEstateWorks.com at email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You

Art Week Shines in Miami! (and finally, so did the sun!)

 

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There are so many art venues to see this week; it will be impossible to see everything I want to see.  I have a ‘bucket list’, and little by little I’m making my way through it.  Yesterday, I went to Art Miami (Christie’s International is a sponsor), Context, and Spectrum Miami.  It was a WOW day: wow the gallery displays were amazing, and wow my feet were killing me.  Have you ever seen the Modern Family show where Gloria (Sofia Vergara) painfully walks through Disneyland in high heels and Jay buys her some plush mini-mouse slippers?  Rule number 1 at Art Week Miami: flat shoes.

ARTBASELI dread the traffic but this weekend I’m headed to Miami Beach to enjoy Art Basel, AQUA, NADA (New Art Dealers Alliance – an incredible non-profit!), and the Brazil Art Fair.  The Perez Art Museum is No. 1 on my list, but now it’s part of our Miami culture so I may avoid the crowd and see it MANY TIMES in my future.  I look forward to getting back to routine, the holidays, real estate (I specialize in South Miami, Coral Gables, Coconut Grove, Pinecrest, & Palmetto Bay), and family life!

Here are a few glimpses of yesterday (I love animal sculptures. PS,  the bottom right picture is not a sculpture, it’s my sleeping dog, Oz):

To learn more about South Miami, Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International or www.MiamiRealEstateWorks.com at email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!

 

 

Why You Should Determine Your Insurance Rates During the Inspection Period!

Citizens_Insurance_logo_(640x480)_20100706101331_320_240I have seen some jubilant Buyers turn ashen-white when they learn what their insurance premiums are going to be.  In many of those instances the “insurance bomb” is dropped just a few days before closing – when there is no turning back.  This past week I have been working with Buyers whose insurance premium could possibly exceed their property taxes; luckily we are in our ‘inspection period’ and have alternatives!

When Seller or Seller’s realtor tells you they are paying a palatable “X” amount for homeowner’s insurance please take it with a grain of salt!  Your insurance rate has many factors that may not have been considered when your prospective home was last purchased!11

Flood maps have changed, for instance, residences in flood zones beginning with “A” (AE, AH, etc.) are subject to MUCH higher rates beginning October 1st, 2013 (unless Florida State WrightFloodLogolegislature changes that).  Regarding wind-storm insurance ask for your wind-storm insurance quotes based on complete Dade County-approved hurricane protection, and incomplete protection if your prospective home does not have completely “approved” protection. Compare the difference! All of your  property’s openings (windows, skylights, doors, and garage doors) must be protected with County approved materials in order to get the MOST discounted rate (the lowest rate).

Do your homework during the inspection period so you can plan accordingly. Perhaps you can negotiate price (with your Seller or your insurance carrier!), perhaps you can allocate money to make the necessary hurricane protection changes so you receive your best insurance discount a.s.a.p.; no doubt you will make better decisions. 

 To learn more about South Miami, Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International or www.MiamiRealEstateWorks.com at email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You

Recently Sold By Valaree Byrne In Cutler Oaks! 7273 SW 146th Street Circle

A1675386_101_12List Price: $795,000

http://bit.ly/12Y1BLz

Cutler Oaks has long been my favorite gated community in Palmetto Bay, and it was a pleasure to sell this sweet home. It was plain lucky that there was even a home available – there have only been 2 properties for sale in Cutler Oaks in the past year and they sold immediately!

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An oak-filled enclave with just 24 residences, Cutler Oaks is private, serene, safe, and beautiful – all 4 criteria necessary for my Buyers who searched high and low for just the right home. They also wanted easy access to the main travel arteries, and Old Cutler Road is the hub for almost all corridors; and they needed to be reasonable distance to the private schools they had selected for their children. Just so happens Cutler Oaks is in an excellent public school district (Coral Reef Elementary School, Southwood Middle School, Miami Palmetto Senior High School), and is in close proximity to the finest private schools Miami offers.

Congratulations to both Buyers and Sellers!

 

To learn more about Palmetto Bay or any other community – including Coral Gables, Coconut Grove, Pinecrest and South Miami, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!

Are Your Patio And Pool Ready For Summer?

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It is unofficially summer! School’s out, HEAT’S up (pun intended!), and don’t those outdoor patios in Frontgate, Grandinroad, Pottery Barn, & Restoration Hardware look divine? I renovated my pool and patio last year and enjoy them SO much more.

 

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I just finished the Lease for a great outdoor furnishings resource in Miami, and they are moving to South Miami/High Pines this summer – wonderfully located midway between Coral Gables, Coconut Grove, South Miami, High Pines, Pinecrest, and Palmetto Bay.

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Living Alfresco, which currently resides at 4754 Southwest 72 Avenue, Miami, FL 33155, will be opening its new doors in the old Gardner’s Market space (a couple of doors down from Kristine Michael and Country French) and you are going to love it!

They transformed my pool & patio last year with a few pieces of much needed furniture, and an amazing splash of color-filled pillows and cushions. You’ll find everything from patio furniture to garden stools to unique planters at Living Alfresco, and proprietor Betsy Fantis will custom design an outdoor paradise that exceeds your expectations and meets your budget! Look for Living Alfresco’s Grand Opening!

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To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!

Did You See Me In The Wall Street Journal This Past Week?

I was honored this past week to appear in the Wall Street Journal – of course reporting on the housing market. The outlook in Florida, and Miami in particular, is so bright right now – housing prices are up by double digits in Dade County over the past year. WSJ reports that home prices are rising at the fastest rate in seven years as buyers return to a market where the number of properties for sale is in short supply. My own personal experiences this past quarter reports “short supply” is an UNDERSTATEMENT!

I have several Buyers who consider themselves very lucky to FINALLY have a closing on the horizon. In the next five weeks we are happy to be closing on properties in Coconut Grove, Hammock Lakes (after a year-long search!), Coral Gables, and Palmetto Bay. These Buyers will all attest that patience, tenacity, and complete knowledge of the market as it changed each day were the keys to success. Knowing the moment a property is listed “For Sale” and seeing it the same day is a must.

5001 Hammock Lake Drive, Coral Gables, FL 33156

5001 Hammock Lake Drive, Coral Gables, FL 33156

Advice for Buyers out there: if you are relying on Trulia, Zillow, or another source for reporting new homes on the market for sale you are going to find (you probably already have) that by the time you are notified of a new property on the market, it is often already under contract – that is how fast real estate in Miami is moving!

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To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!

 

Do We Want To Redefine “Post-Andrew Roof”?

 

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Yes, I think it is time to re-visit the post Hurricane Andrew roof that we Realtors loved to hear about for so long. No matter where your property is located (or your prospective property) – the surrounding areas of Coconut Grove, Coral Gables, South Miami, Pinecrest, Palmetto Bay, Cutler Bay and of course further south where the ‘epicenter’ of that wrecking ball of a storm swept through nearly 21 years ago – if a roof was replaced in the 1992-1993 era,  we Realtors refer to it as “Post Andrew” and for many years that brought a big smile and sigh of relief – that roof was good!  Well that roof, whether it is displaying signs of age or not, is now in its “golden years” and acquiring windstorm insurance is tricky! Buyers: be smart – get some facts from your insurance provider (your Realtor can refer you to one) before the end of your inspection period.  Coverage and rates will vary and can be age dependent. Sellers: the next 4 or so years are going to be challenging ones if you have a Post Andrew roof – if you can find it in your pockets to replace roof or provide some credit for a new one, it will be money well spent.

To learn more about South Miami or any other community – including Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!

Just Sold By Valaree Byrne in Palmetto Bay! 15585 Old Cutler Road

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List Price: $785,000

http://15585OldCutlerRoad.com/

It didn’t take long to sell this classic “Americana” home on historical Old Cutler Road – I think it also wins an award for the most number of calls I have taken on a listing!  I can’t count how many calls I answered from passerbys (walkers, cyclers, and drivers alike!) who wanted to know more about the lovely, sprawling house under the oaks in Palmetto Bay.  First impressions are everything!

 

To learn more about Palmetto Bay or any other community – including Coral Gables, Coconut Grove, Pinecrest and South Miami, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!

Just Listed by Valaree Byrne in Palmetto Bay! 15585 Old Cutler Road

path-to-paradise-p512133Call this ‘Classic Americana’ – a style appealing to home buyers in just about every location. It’s a
Norman Rockwell-esque dream house – rambling yard to play in with a sparkling pool waiting, wide
sprawling house with lots of rooms, front porch to swing on, even the quintessential white picket fence.

no-caption-p512562Tucked away under a canopy of trees, set far back from historical Old Cutler Road and it’s near endless bike path lies this fantastic, 5 bedroom, 3 bath home built in 1972 and graciously updated. Impact glass, Saturnia and hardwood floors, new appliances, and brand new, magazine worthy pool & spa are just some of the recent additions & renovations in this 3,313 adj. sq. ft. residence.

Located in family-oriented Village of Palmetto Bay within walking distance to parks and the finest public and private schools Dade County has to offer, minutes from Black Point Marina, The Falls Shopping Center, and the city’s best restaurants.

Property Details:

            • 5 Bedroom/3 Baths
            • Brand New Swimming Pool (15×37) and Spa
            • 3,313 Adjusted Square Feet
            • 30,056 Square Foot Lot
            •  List Price $785,000

To learn more about Palmetto Bay or any other community – including Coral Gables, Coconut Grove, Pinecrest and South Miami, contact Val Byrne with EWM Realty International on www.MiamiRealEstateWorks.com or email at val@valbyrnerealtor.com or by phone at 305-323-6231. Val Byrne – Working For You!