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Debra Wellins

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What are the Odds of Selling Your Home in Pinecrest?

If you're thinking of selling your home in Pinecrest, you're probably wondering what the likelihood of success will be.  There are some interesting trends. I looked at the data from the past six months to see what the odds of selling your home in Pinecrest are.  Clearly, if you are priced under $1 million, and have not overvalued your home, it will sell. The average home is taking about four months to sell in this price range and is selling at 95% sale price to list... Continue Reading >

Apple iPhone 8 Cool Features and Tech Specs

Debra Wellins Come fall, the new Apple iPhone 8 will be available with some cool new features. Pay your friends in Messenger. Apple is enabling person-to-person payments inside the Messages app via Apple Pay and with an assist from Siri. More useful maps. Apple is adding detailed floor plan maps at a variety of shopping malls and major airports. Do Not Disturb While Driving. When you turn on Do Not Disturb While Driving, iOS 11 will silence alert and notifications while keeping the... Continue Reading >

Plenty of Pinecrest Homes for Sale but Slow to Sell

Debra Wellins There are plenty of single family Pinecrest homes currently on the market, 205 to be exact. The average list price is $2,354,283 or $411/SF.  But, there is a big discrepancy between the offered price and sale price. Since January this year, a total of 77 homes have sold with an average sale price of $1,245,886 or $305/SF. These homes were on the market an average of 141 days. Let's break it down by price range. Lux Market $2 Million and Up There were 12 sales between $2,058,000 -... Continue Reading >

Bill Passed that Caps Estoppel Certificate Fees

Debra Wellins HB 483/SB 398, which caps estoppel certificate fees, was just passed by the Florida Legislature! As many of you know, this is a long-standing issue that those in the real estate industry have been working on for several years, and its passage represents a big win for homeowners and Realtors across the state. This bill caps the fees that community association management companies can charge for estoppel certificates at $250 for unit owners who are current in their assessments. An additional $100 can... Continue Reading >

Coconut Grove Townhouse – A Walker’s Dream

Debra Wellins Townhomes are the hottest properties in Coconut Grove.  I just listed a walker's dream on spectacular Gifford Lane,  just a short walk to the center of town. No need to drive around looking for parking when shopping, dining, tennis, parks and recreation can be reached on foot. This lovely Coconut Grove townhouse, build in 2005, has an open floor plan with living and dining rooms that flow to a private, shaded and fenced patio surrounded by palms.  Filtered light casts a lovely glow throughout the living spaces. The common areas have gorgeous marble... Continue Reading >

Pinecrest Gardens – Get Involved – Make A Difference

Pinecrest Gardens (the old Parrot Jungle) holds the most special memories for my family.  So many mornings, I'd meet with other moms and their toddlers there to have breakfast or coffee and enjoy the gorgeous garden.  An early morning lifesaver,  the Garden was a local spot where kids could play and interact in a safe and splendid environment. The Garden remains such a joy to many new young families in Pinecrest and the surrounding communities.  But a garden like this needs an enormous... Continue Reading >

Pinecrest Real Estate – Market Recap of Land Sales in 2016

The Village of Pinecrest land sales were relatively stable in 2016. Although it took longer to move Pinecrest real estate last year, prices were up. Market Recap of Land Sales A total of 14 properties sold last year in Pinecrest, most between 3/4 of an acre and 1.25 acres, averaging $1,031, 921 per sale or $26 a square foot (SF). Compared to last year, the total number of parcels sold was down by 13% but the average sale price was up 7% and price per SF by 12%. In Northeast Pinecrest,... Continue Reading >

Village of Pinecrest 2016 Annual Market Report

Debra Wellins                                           Jump in and enjoy my Village of Pinecrest 2016 Annual Market Report - the most comprehensive analysis of single-family home sales in Pinecrest. Sales data is divided into quadrants, with SW 112th Street representing the division between north and south and SW 67th Avenue representing the division between east and west. (See map below). Pinecrest 2016 Annual Market Report Pinecrest home sales in 2016 were quite interesting in comparison to 2015. Total number of sales of single family homes was down 9% (17 fewer homes sold in 2016). ... Continue Reading >

Just Sold – North Coral Gables Home

I just sold a North Coral Gables home, completely remodeled in 1995.  Situated on a gorgeous corner lot in a beautiful section of the Gables, this 1939 Spanish home has three bedrooms and two and a half baths with 2,240 SF of living space and 2,608 total SF. North Gables Home the Perfect Choice This two story home had all the features my buyers wished for, including warmth, great natural light, an updated island kitchen with plenty of storage, a family room overlooking the Chicago brick patio and private backyard, lush mature landscaping, a garage and the perfect space... Continue Reading >

One Sale Leads to Another – Relationships in Real Estate Deals

As real estate deals go, this one was a triple double.  I was tremendously fortunate to represent the buyers and sellers in a transaction that closed today. I'll tell you about the home in a minute as I'm more interested in relating why relationships, not to mention open houses, are so important in the real estate business. I met the sellers about a year ago when they purchased one of my listings in Biltmore Heights. They dropped in during an open house, instantly fell in love with the home and hired me on the spot to represent them with... Continue Reading >