There is a lot to take in these days. Looking at the first half of 2020 Northeast Florida Association of Realtors market stats, there is a lot to smile about.

Buyer demand is strong thanks to record-low mortgage rates and being quarantined in less-than ideal homes. “Flight to the suburbs is real,” says Robert Dietz, National Association of Homebuilders (NAHB) Chief Economist. “New home demand is improving in lower density markets, including small metro areas, rural markets and large metro exurbs, as people seek out larger homes and anticipate more flexibility for telework in the years ahead.”

The NAHB Housing Market Index rose to 72 in July for a sharp increase over June’s reading of 58. The Housing Market Index measures homebuilder sentiment. A reading over 50 indicates more builders are optimistic about the housing market than pessimistic.

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After a very slow month for real estate sales in Northeast Florida in April, May was better and June was amazing. Davidson Realty had 50 homes go under contract for our customers in June. We would welcome anyone considering selling their home because there is a very small number of homes available for all the buyers we are seeing.

The Top Producer with the most closings for the month and quarter is Mirtha Barzaga. Mirtha had 8 closings for over $2.7 Million in the month of June. Mirtha takes great care of her customers and gives back to her community continuously.

The Top Sales and Top Listing Agent for the month and the quarter is Suzy Evans. Suzy helped 4 of her customers sell their homes in June and helped 2 customers find a home. She had over $3.2 Million is sales for the month of June.

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