Davidson Realty, Inc.

February 2010’s NEFAR Statistics: 3 Facts to Know

March 26, 2010

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Posted by in Northeast Florida Market Trends

I enjoy analyzing the market stats from the Northeast Florida Association of Realtors (NEFAR) each month and I continue to be optimistic about the real estate market, but I wanted to share 3 facts that may surprise you.

First, we are having a great sales month at Davidson Realty and pending sales are up dramatically at NEFAR from 1,244 pending sales in January to 1,627 in February, which leads to the first surprise. I always believed that pending sales would close. It is logical but it isn’t true. I can’t tell you how many homes we have sold multiple times! Read more

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April Webinar Topics Offer Information on the Tax Credits & Life in Palencia

March 24, 2010

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Posted by in Events, Webinars

Mark you calendar!  In April, you can log-on right from your computer and join us for great discussions about the homebuyer tax credits and the master-planned community Palencia.  Remember, our free webinar series is open to everyone and the web-based seminars last 20 to 40 minutes followed by a question and answer session. The following presentations will be offered.

Last Chance: Homebuyer Tax Credits
April 1st, 2010 at 11:00 a.m. EST
Register at https://www1.gotomeeting.com/register/955344888
Davidson Realty President Sherry Davidson and Davidson agent, Cindi Benton explain all you need to know about taking advantage of the homebuyer tax credits due to expire at the end of April.  There’s still time to reap the benefits of these $8,000 and $6,500 credits, whether you’re a new homebuyer or if you haven’t bought a home in the last five years. They will explain how you start the process and answer questions like, “Is there a way to make sure I can afford the house I want to buy?” and “How do you know what all your monthly costs are going to be when you own a home?” 

Viva Palencia: Homebuying Opportunities in Palencia
 April 15, 2010 at 11:00 a.m. E.S.T.
Register at https://www1.gotomeeting.com/register/418852753 
Realtors Ted Tyndall and Carol von Rabenstein, specializing in Palencia, join Davidson Realty President Sherry Davidson for this inside look at the award-winning, master-planned golf community.  The team will give insight into Palencia’s future and the great opportunities available in the current market, as well as answer questions.

There’s a wealth of information available 24/7 at your convenience at our webinar library. 
Visit http://www.davidsonrealtyinc.com/webinars.

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The Right Plants in the Right Places – Landscaping in the World Golf Village Style with a North Florida Palette

March 19, 2010

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Posted by in Events, Speaker Series

Rick Pariani web rOn Thursday, March 25, 2010, I invite you to please join your neighbors and friends at the next Davidson Speaker Series event, to be held at the Davidson Realty Building, gateway to the World Golf Village.  A wine and cheese gathering in the courtyard will commence at 7:00PM, followed by a presentation with plenty of opportunity for questions and answers.  The presentation will focus on landscaping for enhancement, entertaining and value creation from the WGV perspective with specifics on plant selection, plant placement, soil characteristics, water regimes, plant management, protection and maintenance. Read more

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Realtor Puts Money Where Mouth Is!

March 18, 2010

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Posted by in News, Rentals

So I was talking to a few Davidson Realtors the other day. They were telling me about how investors are starting to come back into the market. Of course, I asked why they thought this was happening. One of them explained that it is a combination of things. Obviously the prices of homes right now are ridiculously good. And the interest rates are good too. But I wasn’t aware that the number of rental properties is way down, but the demand is way up. (This must be why Davidson Property Management is currently looking for houses to rent!) If an investor has the ability to buy St. Augustine, FL homes right now, they may get a great home at a great price and potentially rent it out for a profit! I told them I wanted to write a blog on this and they told me to talk to one of Davidson’s other Realtors because he had a great case study for this.

The agent told me a story that I just love! He showed a home, originally purchased for $370,000, which was listed for $240,000. (I’m not kidding about there being incredible values out there right now!) The potential buyer said she couldn’t go higher than $204,000. The Realtor made the offer and the seller accepted. However, the buyer changed her mind. The Realtor explained to the buyer that this was an amazing opportunity and if she didn’t want to take advantage of it – he did! She still declined to sign the offer, so the Realtor made the same offer and it was accepted.

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Last Chance for Tax Credit Savings

March 11, 2010

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Posted by in News

iStock_000005410463XSmallWith the home buying tax credit set to expire April 30th, there’s no time to waste to find out if YOU qualify for this once-in-a-lifetime opportunity.  From now through  April 17th, Davidson Realty is holding Tax Credit Open Houses each Saturday where on-site experts will help you determine how much Tax Credit you may qualify for. Stop by on Saturday anytime between 10:00 am and 2:00 pm and we’ll explain the $8,000 tax credit for first time buyers and the $6,500 for current home owners; answer home buying questions; pre-qualify people for loans; and review area communities as well as individual homes.

The Worker, Homeownership, and Business Assistance Act of 2009 extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers.  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. Read more

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