Davidson Realty, Inc.

Take Advantage of The Tax Credits Before April 30th!

February 10, 2010

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Posted by in Events, News

Young couple planning their household expensesMy daughter just closed on her first home in January. She got a great deal on a short sale in St. Augustine. I helped her file her tax return last week and it is amazing that she will receive a check for $8,000 from the Internal Revenue Service due to the first-time homebuyer tax credit.

If you purchase a home by April 30, 2010 and close by June 30, 2010, you may qualify for one of the two available tax credits. The first-time homebuyer credit is for buyers who have not owned a home during the last 3 years. The other credit is for current homeowners who have used the home they are selling or vacating for 5 consecutive years within the last 8 years. The credit is 10% of the purchase price of the home up to $8,000 for first-time homebuyers and $6,500 for current homeowners.

There are only two other considerations:

1. The home you purchase must be $800,000 or less. Read more

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ICI Homes’ Sales Strong in 2010

February 5, 2010

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Posted by in News

Don_Wilford_Picture[1]Since Davidson Realty recently listed ICI Homes’ properties in Palencia, I decided to pop my head into Don Wilford’s office and say hi. Don is a third generation builder who started with ICI Homes as a construction manager over 30 years ago. He worked his way up to ICI’s North Florida Division President. Needless to say, he has experienced many changes in the real estate market over the years. He has seen it up and he has seen it down…so I value his opinion on the state of the market!  

When I asked Don how he was feeling about the market,  he shared he believes new construction prices have bottomed out and are starting to go up slightly. He said new construction will not go lower and he predicts that construction costs will rise at least 10% by the end of 2010. Many consumers must agree because there has been an increase in sales activity. ICI sold 10 homes in January – and six of them were new builds with an average price of $500,000. This means ICI sold more new builds in January 2010 than they did in all of 2009! Read more

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Honoring Our Top Realtors for January 2010!

February 4, 2010

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Posted by in Top Agents

January was a good month for St. Augustine real estate! We had a total of 25 transactions with an average price of $272,000, which is higher than previous months. It is great to see that housing prices are picking up in St. Johns County. Fourteen different Davidson agents had a sale in January. Things are looking good!

Dottie Lay webDottie Lay stood out in January being named Top Sales Agent with over $1 million in sales and Top Producer with over $1 million in closings. Dottie is familiar with all of Jacksonville real estate. She is originally from Jacksonville Beach and now she lives in World Golf Village’s Royal Pines community, so she can help you with any of your real estate needs! Read more

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