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Keeping You Current: Madeleine Wins Outstanding Board of Governor Award,February 2019 Events, & More!

 




Congratulations, Madeleine, The 2017-2018 James J. McDonnell Outstanding Board of Governor Award Winner!



Named after the late James McDonnell who served as the Chamber's President from 1972 to 1974 and was an active member for over 25 years, this award was created in 1993 remember the decades of his dedicated public service.
Madeleine currently serves as Vice Chair of Miami Beach Chamber of Commerce, and is Past Chair of the Pillar Board Trustees, Past Chair of the Education Foundation, Past Chair of the Real Estate Council of Miami Beach Chamber of Commerce. Congratulations, Madeleine!


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3 Reasons Why It's Important to Be Represented by a Real Estate Professional in a DIY Culture


DID YOU KNOW? There are over 230 possible steps that need to take place during every successful real estate transaction? In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion. Read 3 reasons why it's important to have a real estate professional represent you despite living in a DIY culture.


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Just Sold by The Madeleine Romanello Group! 4820 Ronda 



4820 Ronda St
CORAL GABLES, FL 33146
Sold Price: $1,055,000

A huge congratulations to our buyers at 4820 Ronda for purchasing such a unique property with a great outdoor area and pool. This lovely young family purchased their first home here in Miami and we were thrilled to represent them during the buying process. We wish them the best in their future and look forward to them enjoying their new home! Are you looking for a home in Coral Gables or the surrounding area? We can help! Contact us today for the most recent real estate sales and inventory.


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Microsoft Pledges $500 Million to Support Seattle Affordable Housing

 
Wall Street Journal Reports Microsoft pledged $500 million - the largest financial commitment it has made on a single community issue - to support affordable housing in the Seattle area, an effort to address concerns that technology companies’ financial success has pushed less wealthy people out of their communities. Microsoft has earmarked $475 million to fund construction loans for affordable housing in the area over the next 3 years. The other $25 million will fund grants to address homelessness. In the Seattle area where Microsoft is based and employs around 50,000, median home prices soared 96% from 2011 to 2018, while median household income rose 34%. It estimates there is a shortage of about 305,000 housing units for middle- and low-income families.
 
 





Planning to Build a Home in 2019?



Mortgage rates are starting off 2019 at very good levels. In fact, mortgage rates declined, starting the new year with the 30-year fixed rate mortgage dipping to 4.5 percent last week from 5 percent a month ago, according to mortgage finance provider Freddie Mac. But how do mortgage rates affect homebuyers? Read more of the Economists' Outlook article here.


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Explore Miami: February 2019



Explore Miami this coming February: The Miami International Boat Show and Strictly Sail, Art Wynwood, The renowned Coconut Grove Art Festival, Chinese New Year Festival, The South Beach Wine and Food Festival, presented by Food & Wine, 2019, South Miami Rotary Art Festival, and more!


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With 18+ years of experience in the South Florida Real Estate industry, Madeleine has made her mark as a top agent and broker. Her solid perspective of what is happening in the market along with the cutting–edge resources offered by Compass are the ultimate combination for success.
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