Davidson Realty, Inc.

CONGRATULATIONS TO OUR TOP PRODUCERS FOR MARCH & THE FIRST QUARTER!

April 13, 2021

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Posted by in News, Top Agents

As we wrap up the first quarter of 2021, we see strong demand for Northeast Florida real estate. There are more buyers than supply of homes so we are seeing price increases. It was an awesome month of March and 1st quarter for Davidson Realty and I would like to recognize our Top Producers.

 

Candy Gil was our March Top Producer with the most closings. Candy was also our Top Sales agent for the Jax Beach Team for March and the 1st quarter. Candy raised her family in the beach area and is a great resource for anyone thinking of living the beach lifestyle.

 

 

 

 

Mirtha Bazaga was our 1st quarter Top Producer with the most closings. Mirtha was also our top lister and overall sales for the quarter and the month of March. Mirtha had $5 Million in sales for the 1st quarter. Her experience and professionalism make her a great choice to help you buy or sell.

 

 

 

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DOING GOOD – WATSON CIVIL SUPPORTS DAVIDSON CARES CLAY DAY

March 29, 2021

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Posted by in Community Involvement, Events, News

Davidson Cares Clay Day is not only an event that supports worthy causes, but unites people and organizations that believe that doing good makes a big difference. For the last four years, Watson Civil has generously supported Davidson Cares Clay Day as a sponsor and brought their enthusiasm to the event that helps so many. 

 

John Watson, President and CEO of Watson Civil, first met the Davidsons in 1996 when construction began on World Golf Village. “Whenever I was driving customers around the dirt roads to show off the development, John would always make sure I could get around the equipment and not get stuck. That was the beginning of a wonderful friendship!,” shares Davidson Realty President, Sherry Davidson. 

 

Watson Civil is a horizontal contractor that specializes in large site infrastructure, underground, and road and bridgework. Equipped with experienced staff, Watson Civil ensures projects are safe, run on time, and remain on budget. Watson Civil’s clients range from state and local governments to private developers and national home builders. 

 

Watson Civil is currently working on several projects in Florida. Most notably, Watson Civil is constructing Northeast Florida’s first diverging diamond at the intersection of J. Turner Butler Boulevard and San Pablo Road in Jacksonville, Florida. The project, which is expected to be complete in the spring of 2022, will cost $12 million dollars and is predicted to cut the number of collisions in the area by half. 

 

“Watson Civil has a remarkable reputation. John Watson has a vibrant energy and tackles everything that comes his way head-on,” shares Sherry. “John Watson always supports us as a sponsor and purchases raffle tickets. This year, John was the winner of the Cooler and Cocktail raffle prize.”

 

Davidson Cares Clay Day is proud to have the support and sponsorship from Watson Civil as they continue to give back in Northeast Florida. To learn more about Watson Civil Construction visit their website at www.watsoncivil.com or call (904) 297-1800.

 

Davidson Cares Clay Day

 

The 5th Annual Davidson Cares Clay Day was held on October 29, 2020, at Jacksonville Clay Target Sports. Davidson Cares Clay Day included two-sport shooting events, beginner skeet, and sporting clay. Individuals and teams from beginner to expert levels were invited to participate and enjoy a safe shooting experience with no group gatherings. 

 

In association with the event, there was also a raffle contest. Prizes included a 65-quart YETI cooler with 13 full-size liquors.

 

The $40,500 raised from the event and raffles went directly to Builders Care, St. Augustine Youth Services (SAYS), and Investing in Kids (INK!) in equal sums.

 

Visit DavidsonCares.com to learn more about these organizations and donate to support their causes.

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Real Estate Market Update

March 19, 2021

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Posted by in News, Northeast Florida Market Trends

“Four things for success: work and pray, think and believe.” Norman Vincent Peale

 

As we roll into the spring real estate market, there is more demand and less supply of homes than I have ever seen including the 2004 to 2006 timeframe. The Northeast Florida Association of Realtors market stats tell the story.

 

The pending sales of 3,063 are 11.4% higher than last February. The closed sales of 2,542 are up 5.9%. The new listings for February of 2,955 are down 13.5%.

 

There are 3,931 homes available for sale in February, down 56.1% from the 8,945 homes last February. The months supply of inventory is 1.3 months, down 60.6% from 3.3 months last February.

 

With the increased demand and diminishing supply, the prices continue to rise. The average sales price is up 14.1% in February compared to last February and the median price is up 11.8%. A recent article in the Jacksonville Business Journal says Redfin reports that Jacksonville leads the nation in rising housing market value. “The study from Seattle-based online real estate brokerage Redfin Corp. pointed to a 21.1% increase in the total value of homes in the Jacksonville metro between February 2020 and February 2021 – the largest increase in the nation.” They also pointed out that houses in our area remain below the national median price. “The median price here of $270,477 compared to $342,326 for the entire country.”

 

Florida Realtors Chief Economist, Dr. Brad O’Connor is predicting all of 2021 to be a great real estate market in Florida. He quoted economist from Realtors, Builders, Mortgage Bankers, Core Logic and more all predicting interest rates at year end between 3% and 3.6%. He says if rates rise too quickly the demand would be strong but we might be closer to historical norms than the market we are seeing now.

 

We are seeing fewer new listings as mentioned above. This may be related to COVID fears or concerns of where you can buy if you sell your home at a great price. The builders are adding homes as quickly as possible. The building permits issued for the Jacksonville MSA for January and February 2021 were 2,393 compared to 1,723 for the same period in 2020 for a 39% increase.

 

If you are buying or selling, you need advice from a trusted agent. The professional agents are finding ways to get offers accepted for buyers and know the best way to handle multiple offers for sellers. Please let us know if we can be of service.

 

Enjoy our beautiful spring weather, March Madness, Baseball Spring Training, our beaches and river. I wish you a Happy Easter!

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First-Time Homebuyer? Call Davidson Realty. 

March 12, 2021

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Posted by in News, Northeast Florida Market Trends

Life is full of firsts. First car. First job. First child. First home. They are all memorable milestones that come with time and planning at various stages in life. Each first is unique and special in its own way. If buying your first home is a goal for you this year, Davidson Realty will be there. 

 

Like any first, you rely on the support and experience of friends, family, and industry experts. The same is true when buying a new home, especially with the current state of the real estate market, it is essential that a trusted real estate expert is by your side to help you navigate the process of buying a home. Davidson Realty has a team of real estate experts ready to educate and prepare you for what is to come. Davidson Realty Agents have the support and network that will give you a leg up when searching for your first home and sealing the deal. “With Davidson Realty, you have an ally in your corner and a real estate advisor for life to help and offer suggestions, repair vendors, community resources, and anything you need along your homeowners journey,” shares Davidson Realty President, Sherry Davidson. 

 

Preparation is key in the real estate market. “Buyers have to be ready to make an offer quickly in this market. Establishing a budget, type of loan you will use, how much of a down payment you are prepared for, and how much escrow deposit you have available is critical when you begin looking for a home,” continues Sherry. The state of the real estate market may present some advantages to home buyers as interest rates are some of the lowest seen in years which means lower monthly mortgage payments and bigger home-buying budgets. However, low interest rates have created a fiercely competitive market. “Buyers must be prepared to make aggressive offers within days of the home hitting the market. Sellers are receiving multiple offers often at list price or above. It’s a seller’s market, buyers need to be ready to bring their best offer to the table,” shares Sherry. 

 

With the market this competitive, it’s important to not only know what you can afford but what features and areas you are looking for. Whether you are looking for a starter home or your forever home, spending time deciding what is on your wishlist is critical so when a home that fits your criteria comes on the market you can act quickly. “Davidson Realty’s knowledge of the Northeast Florida communities, builders, schools, and entertainment options are invaluable.  Your Davidson Realtor ®  will take the time to understand the needs of your family and what you need in a home,” continues Sherry.  

 

Whether your first home is your one and only or the first of many, Davidson Realty will be your real estate partner for life. If you are ready to purchase your first home, call the real estate experts at Davidson Realty at (904) 940-5000.

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CONGRATULATIONS TO OUR TOP PRODUCERS FOR FEBRUARY 2021

March 9, 2021

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Posted by in News, Top Agents

Even though the weather has been cool, the Northeast Florida real estate market is hot.

 

I would like to recognize our Top Producers for the month of February. We had $7 Million in closings and $14 Million in sales for the month.

 

Our Top Producer with the most closings is Mirtha Barzaga. Mirtha had closings from Callahan to St. Augustine. She helped two sellers and two buyers. If you are looking to make a move, Mirtha would love to help you.

 

 

 

 

Our Top Sales Agent is Terri Apodaca. Terri helped three buyers find wonderful homes with two being new construction. Terri takes great care of her customers listening carefully to their needs and wants and spending as much time as it takes to find that home that fits them best.

 

 

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