Davidson Realty, Inc.

Jacksonville Real Estate Trends in June – Have you ever wondered if you can use funds in your IRA to buy a home?

July 27, 2018

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Posted by in News, Northeast Florida Market Trends

An article in USA TODAY by Matthew Frankel gives a good and simple answer. “First-time homebuyers can take out as much as $10,000 from their traditional IRA penalty-free, although it will still count as taxable income. And if your spouse also has a traditional IRA, they can take out $10,000 as well.

 

Furthermore, the homebuyer doesn’t necessarily have to be you. You can use the money to help your child, grandchild or parent buy a home as well. The IRS has a liberal definition of what a “first-time” homebuyer is. Basically, you must not have owned a principal residence within the last two years.” A Roth IRA can be used also, but the rules are slightly different.

 

Our local real estate market is still looking strong in the Northeast Florida Association of Realtors market stats for June. There were 3,868 new listings in June, an increase of 13.4% from last June and 8.1% year to date, which is very positive since the homes available for sale have been very low.

 

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Davidson Realty Picks: Favorite local golf courses

July 23, 2018

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Posted by in News

Northeast Florida attracts people for a number of reasons—our beautiful beaches, great job opportunities, and of course, breathtaking golf courses. The First Coast is home to more than 70 public and private courses, offering golfers the chance to choose their favorite based on quality greens, challenging fairways, superior service, lovely scenery or the all-important 19th hole.

 

I asked several golfers at Davidson Realty what their favorite course is and why. Here’s what they said.

 

Sherry Davidson, President

Favorite Course: King & Bear in World Golf Village, St. Augustine

“It feels very private because there are not as many homes on the course, and with the set-backs, you don’t feel like you are playing in someone’s back yard. There is only one time you have to cross a road in your golf cart and it is in a neighborhood with only a few homes. The course can be difficult from the longer tees but the ladies tees make it very fun for all levels of players. It is a beautiful course.”

 

 

 

 

 

 

 

 

More information on golfing at King & Bear: GolfWGV.com

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Davidson agent Matt Roberts bridges passion for home improvement with real estate success

July 18, 2018

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Posted by in Agent Feature, investment property, News

After Matt Roberts renovated his home in 2012, he realized he was hooked. It wasn’t long before Matt recognized that home buyers and sellers could benefit from his passion for renovation.

 

When Matt and his wife bought and renovated their Jacksonville Beach home, he was working as an automotive service advisor. Matt completed his first project and immediately set out to learn more, teaming up with business partner and Someday Homes CEO Branden Adams. Matt studied the ins and outs of renovating homes so he could take on his next project.

 

“I quickly learned that I enjoyed doing renovations and working on houses more than I liked my full-time job. We started working on friends’ primary homes and rental properties that they wanted upgraded or had problems with,” said Matt, who was putting in 16-hour days between work and renovating.

 

After friends began asking him about the real estate side, Matt decided to take his hobby to the next level and earned his real estate license in 2016. He joined the team at Davidson Realty and launched his new full-time career, helping customers to buy and sell primary and investment properties.

 

Matt’s most recent renovation is located at 2858 Loran Drive West in Jacksonville, near University Boulevard West. Said Matt, “The location of this particular home is what first caught my eye. Once I got inside, saw the layout and potential for what it could look like, I was sold.”

 

 

 

 

 

 

 

 

 

 

 

Matt credits valuable partners like Adams and friend Ryan Wetherhold with helping him manage the renovation process, including planning and budgeting, design, vendor coordination and construction.

 

 

 

 

 

 

 

 

 

 

 

Loran Drive is Matt’s third total renovation. He listed the home on June 13 and had multiple offers on the first day. The home was under contract the next day.

 

Matt now looks forward to taking on his next project.

 

Said Matt, “Starting out on the renovation side helped me understand homes from the inside out.” He said this enables him to pass along insights to buyers on potential issues and upgrade costs, as well as recommend trusted service providers.

 

Contact Davidson Realty agent Matt Roberts at (727) 488-6529 or mroberts@davidsonrealtyinc.com.

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HAVING A HEAT WAVE

July 17, 2018

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Posted by in Neighborhoods, New Home Construction, News, St. Johns County schools

Summer is sizzling – both weather-wise and development-wise. Things are heating-up, and we all know that not everyone takes it with the same resolve or with the same long-term outlook that things are destined to change, usually for the better.

 

The pace and character of new development is a case in point.

 

A common reaction is to take the not-in-my-backyard approach to news about coming development – when one could easily and most assuredly consider the news to be about “coming attractions”, i.e., positives that strengthen the values of our area and neighborhoods.

 

There are numerous, new neighborhoods in the works – from south Duval County to south St. Augustine. Many are already under development with their initial phases. Others are in rapid roll-out or on the cusp of ground-breaking.

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Add these 3 essential items to your hurricane prep kit

July 10, 2018

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Posted by in News

There are countless lists floating around the internet to help residents prepare for the possibility of a hurricane. These lists advise stocking basic supplies like water, flashlights and batteries. However, there are a few items that are easy to overlook, yet are crucial when the winds pick up and things go south.

 

Once the power and internet go out or evacuation orders are issued, you will need access to important information that most of us store in our computers, phones or on the cloud. Accessing and printing this information ahead of a storm can make the ordeal much less stressful.

 

  1. Important phone numbers.I don’t know about you, but I’ve only memorized three phone numbers by heart (and one of them is 911). Take a few moments to create a document with phone numbers of:
  • Family and friends (especially those also affected by the storm)
  • Auto and home insurance agent (and claims department)
  • City number for local updates (630-CITY for Jacksonville, 825-1001 for St. Augustine)
  • Local hospital/family doctor
  • Local hotels (in case you cannot stay at home)
  • Work contact (or your boss’s cell number)
  • Landlord number (if you are a renter)
  • Other emergency contacts

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