Davidson Realty, Inc.

Davidson Realty and Riverside Homes Welcome Homebuyers to Explore Courtney Oaks at SilverLeaf

August 23, 2022

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Posted by in Featured Neighborhood, Neighborhoods, New Home Construction, News

SilverLeaf has quickly become one of the most sought-after, master-planned communities in Northeast Florida. Located in St. Johns County, SilverLeaf comprises more than 11,000 acres and is zoned for more than 16,300 dwelling units, 2,900,000 square feet of mixed-use and commercial space, and more than 4,350 acres of pristine conservation land. Once complete, SilverLeaf will be one of the largest community developments in Northeast Florida. Davidson Realty is proud to support builder partner, Riverside Homes as they welcome another new neighborhood in the SilverLeaf community: Courtney Oaks.

 

“Everyone can find a place to call home in SilverLeaf. With a wide variety of floor plans, finding a home that is the right size, price, and style for you and your family is simple,” shares Davidson Realty President, Sherry Davidson. “Riverside Homes is an award-winning home builder with a strong reputation for building quality and thoughtfully designed homes. Building a home with their team in Courtney Oaks would be a delightful experience, as they strive to exceed their homeowners’ expectations throughout the entire home building process.”

 

Courtney Oaks will allow residents the opportunity to live in an exclusive gated section of the SilverLeaf community with home prices from Riverside Homes starting at $659,900. This neighborhood will feature a new lineup of floor plans from Riverside Homes that range from 2,484 to more than 4,000 square feet. Homes built by Riverside Homes in Courtney Oaks will be situated on estate-sized 70’ and 80’ wooded lots with many backing up to tranquil conservation views. Courtney Oaks will be in close proximity to SilverLeaf Commons as well as a new amenity center that is coming soon.

 

“With the success of home sales in SilverLeaf’s SilverLeaf Village and Silver Landing neighborhoods, our Riverside Homes team looks forward to continuing to build dream homes for our homebuyers in the new picturesque setting of Courtney Oaks. We are now selling expansive estate-sized homesites and look forward to welcoming visitors to our Stella II model in Courtney Oaks soon,” shares Andrea Johnson, Online Sales and Marketing Director for Riverside Homes.

 

Watch an exclusive tour of Courtney Oaks with Riverside Homes New Home Sales Consultant, Brian Thurston, here. To learn more about building in Courtney Oaks with Riverside Homes, contact Davidson Realty today at (904) 940-5000.

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Everything You Need to Know About SilverLeaf: A Q&A with Riverside Homes

May 9, 2022

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Posted by in Featured Neighborhood, Neighborhoods, New Home Construction, News

If you drive around St. Johns County, you will see new businesses and developments popping up on every corner. A jewel in the highly coveted area: SilverLeaf. SilverLeaf is a master-planned community that is family-friendly and features resort-style amenities with no CDD fees. SilverLeaf is zoned for 10,700 dwelling units, 2,650,000 square feet of mixed-use commercial space, and more than 3,500 acres of beautiful conservation land. Once complete, SilverLeaf will be the largest community development in Northeast Florida. We recently sat down with Riverside Homes’ New Home Sales Consultant in SilverLeaf, Brian Thurston, to find out more about why so many homebuyers are choosing to call SilverLeaf home.

 

How would you describe SilverLeaf?

SilverLeaf is the premier “No CDD fee”, master-planned community in the heart of northern St. Johns County. A golf cart-friendly backdrop allows residents to take advantage of convenient access to amenities, retail, restaurants, and the all-inclusive outdoor lifestyle we enjoy year-round in Northeast Florida. Whether a quick commute to Jacksonville, a nice drive to historic St. Augustine, or a trip to the beach, SilverLeaf has you positioned in one of the most accessible communities in our area.

 

What types of neighborhoods are within SilverLeaf?

SilverLeaf is comprised of a wide variety of different neighborhoods. From multifamily luxury apartments and townhomes to single-family estate living, SilverLeaf has it all! We are also excited about the future equestrian properties that will be developed in the coming years.

 

Are there perks for SilverLeaf residents?

From resort-style amenities to an ideal location, SilverLeaf is a family-friendly, new home community where you can live, work, and play. Currently, residents enjoy the use of one main amenity center. A large clubhouse is surrounded by three pool structures, a splash park, an exciting playground, two dog parks, four tennis courts, and six pickleball courts. There are a total of six amenity centers planned for future construction, one of which is just getting started. 

 

One of the most important features to SilverLeaf residents is the fact the community is zoned in the #1-ranked K-12 public school district in Florida, St. Johns County.

 

The highly anticipated new retail space, SilverLeaf Commons will also be opening soon. With 39 individual units for shops and restaurants, it will greatly advance the community vibe and bring more business opportunities just steps away from Courtney Oaks and Silver Landing neighborhoods. Baptist Health will be building a 300,000 square foot Medical office complex to host as an anchor. Future commercial space includes a 165-acre town center, dedicated grocery retail plaza, along with many acres of additional retail, mixed-use, and parks.

 

Where is Riverside Homes building in SilverLeaf?

As of Spring 2022, Riverside Homes is sold out in SilverLeaf Village and wrapping up construction operations. Our residents here will be enjoying a completed neighborhood very soon! Riverside Homes is also actively selling and building in Silver Landing on larger 60 and 70-foot homesites. We are expecting to open two of our most popular and award-winning model homes, the Ortega and Hamilton plans, sometime in June 2022.

 

This month, we are excited to release Courtney Oaks, the up-and-coming exclusive gated section of SilverLeaf. Courtney Oaks will proudly offer our newest and most compelling floor plan lineup on 70 and 80-foot estate homesites. Located close to the northern entrance of the community, this neighborhood allows for easy access to the CR-210 shops and restaurants. We are anticipating opening the door to our incredible Stella II model in the Fall of 2022.

 

Can you describe the popular Riverside Homes floor plans and their features?

Riverside Homes has a brilliant architect who’s always on the cutting edge of what buyers want most. Our plans are known for their tall ceilings, smooth walls, oversized windows and doors, and capture of bright, natural light. All of our plans are designed with function and style in mind. Whether it’s dueling offices for those work-from-home gurus, in-law suites, flex rooms, lofts, bonus rooms (Florida basement), or recreation rooms, there is not much we can’t offer our buyers. Of course, open floor plans great for entertaining are cooked right into all of our captivating plans. If I had a dollar for every smile I’ve seen in our model homes, I’d be retired by now!

 

What is the process to build a Riverside Home in SilverLeaf?

We take great pride in walking our buyers through each step of the building process. First, we begin with a deeper conversation and consultation to understand exactly what floor plan will work best to accommodate a family’s lifestyle. There are of course a variety of different factors that play into this, but we always help the buyer with insight from our experience so they can make wise design and financial choices. Then we counsel them through the structural design process, to dial in just that right fit. Now it gets exciting for buyers, as we are ready to finalize the purchase and get the property off the market!

 

Once we have the property under agreement, the sales counselor will begin working with the office staff, architect, and engineers to plan and permit the buyer’s new home. We take a lot of pleasure in being the builder that keeps their buyers up to date with weekly communication all the way through the planning and building phases of their new home project.

 

During planning, our buyers will have their interior design meeting with a dedicated designer to help them through selecting cabinets, counters, flooring, faucets, lighting, tile work, and more. Our outstanding interior design team stays at the forefront of the latest trends and most timeless design elements. During each design appointment, our designers help homebuyers navigate interior and exterior selections to ensure we design a home that perfectly suits their family’s needs, matches their vision, and turns their house into a home.

 

Once we have permits, we can schedule an orientation with our buyer and their project manager and begin construction. We know this is an exciting time for buyers to see their dream come alive, so we keep them engaged with weekly updates and meetings at critical stages in construction. This allows our buyers to know all of the things we know each week and can keep tabs on their home’s progress.

 

When our buyer’s home is completed, we go through three extensive punch list phases to fine-tune all elements of fit and finish. When we feel as though we have given the new home all of our love, we are ready for the buyer’s new home orientation walk-through so they can learn all about their home. This is also a time for us to further fine-tune fit and finish, but generally, this is a very short list since we have already completed all the heavy lifting.

 

A week later, it’s time for the final walk-through, closing, handing over title and deed, along with keys. New Home Day has arrived!

 

What makes SilverLeaf the ideal place to live?

Premium commutability, resort-style amenities, on-site retail & dining, and no CDD fees are what make St. Augustine’s SilverLeaf community the ideal place to live in Northeast Florida.

 

Can you give us a sneak peek at what’s to come for SilverLeaf? 

Check out the overall site plan below and you can get a sneak peek at what’s to come in SilverLeaf. To follow along with the progress on the Courtney Oaks neighborhood and to be the first to reserve a lot, please click here (link click here to https://myriversidehome.com/communities/courtney-oaks-at-silverleaf/). To stay updated on SilverLeaf Commons and view renderings, please click here (link click here to https://www.colliers.com/en/properties/silverleaf-commons/usa-218-silver-forest-drive-st-augustine-fl-32092/usa1093567).

 

To learn more about building with Riverside Homes in SilverLeaf please visit MyRiversideHome.com or call (904) 530-4720. If you are ready to call SilverLeaf home contact the real estate experts at Davidson Realty today at (904) 940-5000. 

 

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Northeast Florida Real Estate Market Update

November 19, 2021

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Posted by in News, Northeast Florida Market Trends

“Gratitude can turn common days into thanksgiving, turn routine jobs into joy, and change ordinary opportunities into blessings.” -William Arthur Ward

I rely on the Northeast Florida Association of Realtors (NEFAR) market statistics in my analysis each month. NEFAR has changed the company providing the statistics and the information is now interactive and allows you to choose property type, County, or region. Go to NEFAR.com and click on the market stats tab to check it out.

 

The median sales price of $310,000 is up 17.8% from last October, but unchanged from last month. Of the closings in October, 28.5% closed over list price. This is up 103.2% from last October, but down 7.3% from last month.

 

The inventory of homes for sale continues to be extremely low. There were 4,270 active properties for sale which is down 31.1% from last October and 7.9% from last month. The 1.4 months of inventory available is also down 25.8% year over year and 9.5% from last month.

 

The Northeast Florida real estate market may see smaller price increases and fewer multiple offers, but there is still a strong imbalance between buyer demand and homes available. It is still a seller’s market.

 

I wanted to share some interesting information from the 2021 National Association of Realtors (NAR) Profile of Home Buyers and Sellers. Jessica Lautz, Vice President of Demographics and Behavioral Insights at NAR, says both buyers and sellers “have been driven by the desire to be close to family and friends, as well as the need for a larger home” during the pandemic.

 

Of the sellers who also became buyers, many traded up to bigger, more expensive, and often newer homes, with 46% purchasing a larger home and 28% one of the same size. In the past years, convenience to work and affordability had ranked as top factors for reasons to move.

 

The pandemic likely spurred occupants to shorten their homestay, as tenure in the home decreased to eight years from 10 years, according to the report – the largest single-year change in home tenure since NAR began collecting such data. Historically, tenure in the home has been six to seven years, but it increased to nine to 10 years following the Great Recession.

 

It will be interesting to see how remote work opportunities play out in the future. It seems like employees and companies are still figuring out the new rules and how that will affect home sizes and locational choices.

 

I want to express my gratitude for your friendship and support in 2021. Davidson Cares raised $75,000 at our Clay Day thanks to all the generous people in northeast Florida. Have a wonderful Thanksgiving holiday!

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Northeast Florida Real Estate Market Update

June 18, 2021

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Posted by in News, Northeast Florida Market Trends

“Dad: A son’s first hero, a daughter’s first love.” —Unknown

 

I want to wish a Happy Father’s Day to every Dad because you are incredibly special.

 

The Northeast Florida Association of Realtors market stats show that new listings of 3,785 are up 12.7% over last May and we are up 1.9% year-to-date. The Northeast Florida Builders Association shows building permits through April of 5,170 permits which is a 45% increase over the same period last year.

 

While new listings and new construction is great news, the inventory of available homes continues to fall. There were 3,847 homes available for sale in May compared to 9,147 last May for a 57.9% reduction. There is 1.1 months supply of inventory available. A balanced market is 5 to 6 months of inventory.

 

The reason inventory continues to fall is the increased demand. There were 3,672 pending sales in May which is up 18.5% over last May. Pending sales are up 25.5% over the same period year-to-date. The 3,276 closed sales are up 37.2% over last May and 25.0% over same period year-to-date.

 

The median sales price of $290,000 is up 16.9% over last May and the average sales price of $363,044 is up 26.1% over last May. A staggering 41% of homes closed in May sold over their list price.

 

The median sales price in May by county:

Baker $264,900

Clay $277,500

Duval $260,000

Nassau $344,893

Putnam $156,000

St. Johns $415,000

 

Many of the builders are limiting their sales currently due to supply and labor issues. While we keep hearing about lumber shortages, the National Association of Home Builders reports that appliances are the biggest issue with lumber a very close second. A key reason for the appliance shortage is the computer chips, which most now require.

 

The market still favors sellers; however, with some persistence, many buyers are successfully getting the home they want under contract. If we can help you with a purchase or a sale of your home, please let us know.

 

Please save the date for our Davidson Cares Clay Day 2021. Our event is October 21, 2021 at Jacksonville Clay Target Sports.

 

Happy Father’s Day!

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Real Estate Market Update

May 20, 2021

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Posted by in News, Northeast Florida Market Trends

“You just can’t beat the person who never gives up.” Babe Ruth

 

If you want to buy a home in today’s market, you should listen to Babe Ruth. Most buyers are having to be persistent and make offers on several homes before they get a home under contract.

 

The Northeast Florida Association of Realtors market stats for April continue to show high demand for homes and limited supply which is causing price increases.

 

There were 3,615 pending sales in April which is up 52% over last April; however last April COVID was a factor in less contracts being written. The year-to-date numbers for pending sales are up 27% so you can see there is increased demand in the four-month period.

 

There were 3,177 closed sales in April which is a 27% increase month-over-month and 20% year-to-date.

 

The median sales price is $284,941 which is up 14% over last month and 12.5% year-to-date. The average sales price is $357,438 which is up 20.5% over last month and 18% year-to-date.

 

The most staggering statistic to me was the percent of properties sold over list price. For the properties that closed in April, 36.9% sold over list price. That is a 142.8% increase over April 2020. The average for the previous 12 months was 13.3% selling over list price.

 

On the supply side, there were 3,991 available homes for sale at the end of April which is down 58% from last April and there are 1.2 months supply of homes for sale. A balanced market is 5 to 6 months.

 

There may be better news coming to help with supply. A survey by Realtor.com indicated more sellers plan to put their homes on the market. Another survey by NerdWallet of 2,127 homeowners shows 1 in 6 (17%) plans on selling their home in the next 18 months. In fact, 45% of those planning to sell say higher asking prices and lower inventory have caused them to sell earlier than initially planned.

 

NAR Chief Economist Lawrence Yun predicts an increase in the 30-year fixed mortgage interest rate to an average of 3.2% in 2021. “As mortgage rates increase, the frenzied multiple-offer situation will become less prevalent by year’s end, as affordability challenges squeeze out some buyers and more inventory reaches the market,” Yun predicts.

 

“With more inventory and some easing in demand, home prices are expected to shift to mid-single-digit appreciation by the fourth quarter and in 2022,” Yun says. He predicts that:

· Median existing-home sales price will increase 7% in 2021

· Existing-home sales will grow by 10% as more homes reach the market

· New home sales will increase by 20%

 

These predictions are great news. In the meantime, if you are interested in buying or selling, please contact a Realtor with knowledge of the market. We would love to help you navigate these interesting times.

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