Davidson Realty, Inc.

5 Things to Know About Davidson Realty

June 30, 2010

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Posted by in Awards, News

DSC_0137Pardon our cheering but sometimes you just have to grab the bullhorn and get the word out!  Check out these 5 things to know about our Jacksonville FL real estate company and you’ll understand our enthusiasm.  Don’t get us wrong, things could definitely be better for the real estate market, but we are proud of the following:

1. In the past 12 months, our Agent staff has doubled.
2. We continue to be the biggest lister in World Golf Village, and now we’re the top lister in Palencia too. 
3. Our reach has expanded beyond St. Johns County and St. Augustine to include Jacksonville Beach, Ponte Vedra and even Flagler County.
4. According to the Jacksonville Business Journal, Davidson Realty is now among the top 10 real estate agencies in the area.
5. Most of our Agents now hold CDPE (Certified Distressed Property Expert) designations, so they can shrewdly advise clients on the ins and outs of today’s market, including short sales and foreclosures.

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St. Augustine Realtors Take On Fitness Boot Camp

June 25, 2010

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Posted by in News

Getting FitDavidson’s St. Augustine Realtors and staff are showing up at the Davidson office at 6:15am. No, this is not a result of new summer hours. No, this is not the Business to Business Coffee. No, we are not selling IPads or IPhones.

What are we doing? A select few are participating in a fitness boot camp. Why only a select few you may ask? Finding participants that are willing to rise before dawn and subject themselves to a grueling workout has been a challenge. The boot camp is run by Fit4You and is open to anyone that would like to join. Under the watchful eye of our instructor Mike and the hungry eyes of our Florida mosquitoes, our “campers” are gaining endurance, agility, balance, muscle tone and an occasional insect bite. Read more

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Cheers! New Models at Bella Terra in Palencia will be Unveiled at Exclusive Wine Tasting Event on June 26th

June 23, 2010

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Posted by in Events, News

VersaillesMilanThe Davidson team and ICI Homes, the premier Florida homebuilder and developer, is planning a progressive wine tasting event to launch three new courtyard floor plans for Bella Terra in Palencia.  The event will be held on June 26th.  Guests will “progress” through the four designer-furnished Bella Terra model homes. Each model home will feature rare wines from smaller vineyards, hors d’oeuvres and live music. Tickets are required, and anyone interested in learning more should email pdavidson@davidsonrealtyinc.com.

CastilloPortofinoBella Terra, Palencia’s newest neighborhood, features four fully furnished and gorgeously designed models, representing the new European Collection by ICI Homes. The collection offers a variety of fresh home designs with several different elevations for each, ranging from 2,155- to 3,969-square feet. Bella Terra is within walking distance to the 18-hole championship golf course, tennis courts, pool, fitness center, clubhouse and other world-class amenities available in the award-winning community of Palencia in St. Augustine, Florida.

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NEFAR Market Trends for May 2010

June 22, 2010

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Posted by in Northeast Florida Market Trends

More than ever, folks have a lot of questions for those of us in the real estate industry. The fact is real estate values impact most people’s lives. I would like to share some statistics about sales, pricing and inventory and my thoughts on the local market.

The pending sales for May 2010 in the Northeast Florida Association of Realtors market stats were down about 25% from March and April but 14% above May 2009 pending sales. Many experts were predicting May sales to decline dramatically because homebuyers can no longer take advantage of the tax credits that were available for contracts signed through April 30, 2010. Our office did not see a decline in May sales.

The median and average sales prices were both up slightly in May over March and April. The median sales price for Jacksonville FL real estate was $139,900 and the average sales price was $175,785. These prices are below May 2009 prices but that should not be a surprise. I look for trends from the previous months. What happened last year is over and I look for current trends. Read more

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SURPRISE! You Now Owe…

June 18, 2010

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Posted by in News

You close a brand new home mid-year that was still under construction on January 1st when the county assessed the house for the current year. Obviously, the house is not going to appraise at fair market value because it is not finished. Unfortunately, many people aren’t aware that your payments are about to sky rocket.

Your escrow company requires a monthly payment based on the current home assessment (or a prior year tax assessment), but it is an unfinished home, so the amount may be based on just the fair market value of the home site alone. When the home is completed and the new tax year arrives, the value of the home on the tax roll will change to the current assessed value by the tax appraiser.  Therefore, this will be a higher figure than the property was assessed for in the previous year. The homeowner’s mortgage company will get the new assessment from the tax appraiser and will increase their payment according to the increased assessed value. Read more

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