HOMEOWNERS ARE FEELING A LITTLE TOO “COVID-COZY” And YOUR HOME could be what they’re looking for!

August 14, 2020

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Posted by in News

By now, you’ve probably heard the term “Coronacrazy” which clearly speaks to the day to day roller-coaster we’ve all been living since early March. At Davidson Realty, you’ll also hear the term, “Covid-Cozy” which describes the homebuyers working with our agents who during quarantine determined their home no longer suits their needs. This doesn’t necessarily mean the home is too small in some circumstances. There has been a shift in desired layouts, locations, and overall function for many homebuyers as the Coronavirus has people spending more time at home.

 

While market conditions remain positive, interest rates are at an all-time low and inventory is low, if you have a home you’re contemplating selling – you may just have the perfect home for someone who is too “Covid-Cozy” in their current home!

 

What are homebuyers looking for?

 

 

Suburb Living:

While the convenience of living close to work has remained one of the top priorities for homebuyers, it’s not necessarily part of the top five “must-haves” since more people are working from home. In addition, people feel safer in less crowded and less populated areas which makes suburb living more desirable.

 

Dedicated Office/School space:

The pandemic has forced many Americans to work from home. Several large corporations in the Jacksonville Metro area are still shut down and have employees working from home. And nearly 38% of students across Northeast Florida will participate in some form of “distance learning” through virtual options. That means more homeowners are realizing with parents and/or children all needing a dedicated space their current situation isn’t ideal. The dedicated office/school space can be a bonus room or even an additional bedroom converted to office or school space.

 

Food Pantry:

If you think back to March and April, our groceries caused major anxiety for some as we were told the virus could potentially be brought home from groceries and lives on surfaces. (Not sure we still have a clear answer on this one!) Many consumers tried to buy in bulk and minimize their frequent trips to their local grocery stores. And whether or not consumers are still consumed with fear about their grocery stores, we do know that buying in bulk has become more popular and people are needing more storage space.

 

Larger yards or better outdoor amenities:

Northeast Florida weather, albeit very hot and humid during August, provides plenty of months for enjoying the outdoors. And people who enjoy entertaining can more safely socially-distance while entertaining outdoors. Outdoor amenities also provide plenty of entertainment while people are looking for more controlled environments for their children to play and safely social distance.

 

You may be looking for a home that offers these features or maybe you are living in a home that hits some or all of the list above. Either way, if you’re contemplating moving into a new home contact our Davidson Realty office and let’s get the process started. Our Davidson Realty team of experts knows exactly how to market your home to highlight its qualities and make it desirable for people who are ready for something a little less “Covid-Cozy.”

Florida Homeowners – How can your TRIM Notice save you money?

July 30, 2020

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Is there any reason to review your property tax notice?  There is a very compelling one and it could potentially save you lots of money!

 

If you own a home, you will receive your Truth in Millage (TRIM) notice from the Property Tax Appraiser in August. The 2020 Notice of Proposed Property Taxes will list the market value of your home determined by the County Tax Appraiser. You want the market value to be accurate. Let me explain.

 

The Save our Homes Cap was passed in 1994 and caps the amount the assessed value may increase to a maximum of 3% a year, or the Consumer Price Index. Your tax bill is based on this assessed value, not your market value.

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Playing 20 Questions: Davidson Realty Agent Spotlight with Steve Rodriguez.

July 29, 2020

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Here at Davidson Realty we thought it would be neat to give you an inside view like no other to our fabulous team.  In this fun agent spotlight blog series we will be Playing 20 Questions where we get up close and personal with our agents.  Today we are featuring agent Steve Rodriguez.

 

 

1.) In three sentences or less tell us a little bit about yourself.

Duval born & raised! Love my puppies & my city

 

2.) What do you like best about living here in Northeast Florida (can be specific area, i.e. WGV, Jax Beach, PVB, etc.).

The beautiful weather & laid-back people

 

3.) What is your favorite indoor or outdoor activity?

Going on walks in nature & with my pups

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June 2020 Northeast Florida Market Stats: Buyer Demand is Strong.

July 27, 2020

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Posted by in News

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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Congratulations to our TOP Producers for June & the 2nd Quarter!

July 13, 2020

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Posted by in News

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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