Davidson Realty, Inc.

Northeast Florida Market Stats | December 2023

January 25, 2024

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Posted by in News, Northeast Florida Market Trends

“Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.” Martin Luther King, Jr.

Dr. King had so many amazing quotes, but this is one of my favorites. We need more light and love.

 

Let’s review 2023 and look forward to a better 2024 for the real estate market. The Northeast Florida Association of Realtors (NEFAR) market review for December 2023 shows a slight decline of 1.4% in the median sales price from November. The median sales price of $360,000 is up 6.5% from last year (the numbers used are from all types of properties in all 6 counties). The median sales price has moved up and down monthly, but prices have been fairly stable.

 

There were 1,922 closings in December which is 4.5% more than November; however, we are down 13.5% from last year. Pending sales of 1,590 were down 11.5% from November and 9.8% from last year. The number of transactions has been very low in 2023 mostly due to high mortgage interest rates and affordability.

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Congratulations to our TOP Producers in December & the Fourth Quarter!

January 22, 2024

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Posted by in Top Agents

Another year in the books for Davidson Realty happily serving the Northeast Florida community in all things real estate and so much to be grateful for especially our agents who make it happen on a daily basis for our customers!  We want to specifically acknowledge our TOP Agents for their achievements and success in December and the 4th Quarter of 2023 and share with you their most memorable moments in real estate last year.

 

 

 

Our Overall Top Producer and Top Producer of our Jacksonville Beach Team for December as well as our Top Agent and Top Producer of our Jacksonville Beach Team for the 4th quarter is Candy Gil with over 1.2 Million in closings and sales!

 

 

 

 

Candy – 2023 was a challenging year in real estate. However, after spending many months looking for a home for a lovely couple from Pennsylvania, not having any luck, and  just when we thought it wasn’t going to happen in 2023, one comes on the market, early December, they loved it, put in their offer, was accepted,  closed on her birthday and they and family were able to celebrate the holidays in their brand new home.  It was a great way to end the year.  I look forward to a great 2024.

 

 

 

 

Our Top Producing Team in Closings and Sales for December and the quarter is The Nemethy Group.  Shelley and Tim Nemethy had over 1 Million in closings and over 3.2 Million in sales to finish Q4!

 

 

 

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“Building Your Financial Foundation: Elevate Your Credit Score for Homeownership Success”

January 17, 2024

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Posted by in News

By Brenda Williamson, Mortgage Loan Originator at Atlantic Trust Mortgage

 

Are you dreaming of owning your own home but worried about your credit score standing in the way? Fret not! With a few strategic moves, you can boost your credit score and pave the way for successful homeownership. Here are a few key steps to enhance your creditworthiness and prepare for that dream home:

 

Understand Your Credit Report

The first step on your journey to homeownership is understanding where you currently stand. Obtain a copy of your credit report from major credit bureaus like Equifax, Experian and TransUnion. Review the report thoroughly, checking for any errors or discrepancies. Clearing up inaccuracies can instantly improve your credit score.

 

Develop a Budget and Emergency Fund

Before diving into homeownership, it’s crucial to have a clear understanding of your financial situation. Create a realistic budget that includes all your monthly expenses, allowing you to identify areas where you can save. Simultaneously, start building an emergency fund to cover unexpected costs, ensuring you have a financial safety net when you become a homeowner.

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