March Real Estate Trends – Inventory is Down and Sales are up!

April 30, 2012

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“It was high counsel that I once heard given to a young person. “Always do what you are afraid to do.” Ralph Waldo Emerson

That will be my advice to my youngest son, Sam, who graduated from UNF on Friday with a Degree in Mechanical Engineering. I am so blessed with a great family!

I found some interesting information in the Northeast Florida Association of Realtors Market Stats for March. We have a very positive trend in pending sales. There were 2,018 contracts written in March 2012 compared to 1,719 in March 2011 for a 17% increase. The first quarter of 2012 is up 18% over the first quarter of 2011. In my office, the first quarter pending sales are up 40% over first quarter last year.

Now for the interesting part, there were 1,419 closings in March 2012 compared to 1,529 closings in March 2011 for a 7% decrease. The first quarter closings are down 3% compared to first quarter last year. Pending sales have risen so dramatically in the last 3 months, the closings should be increasing soon. It was also interesting to note that the price range with the largest increase in pending sales is $1,000,000 and above with an 18% increase. Read more

The Olympics Take Over World Golf Village – Relay for Life 2012!

April 16, 2012

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jockAnother successful year raising money for the cure! World Golf Village neighbors, businesses, friends and family came out on Saturday to celebrate, remember, and fight back against cancer. We had beautiful sunny weather with cool breezes to keep us going around the track over and over again. Davidson agents and staff signed up to walk at all hours from 3 pm to 9 am. The Davidson Companies raised even more money than last year, totaling over $4,000 (including sponsorship money)! Jock Ochiltree, Davidson Agent and cancer survivor, was our highest fundraiser, raising over $1,200 himself!

Jock Ochiltree and Roberta Hicks, our two cancer survivors, proudly took the first lap with all the other survivors to kick off the relay. For me, this is the most powerful part of relay. It really put everything into perspective and shows why you relay in the first place – we WILL find a cure!

People had a blast walking the track, while the DJ kept the music coming. There was a huge bouncy house for the kids and all the tents were stocked with fun for everyone. Teams were selling raffle tickets for amazing gift packages, cake pops, glow sticks, glow-in-the-dark glasses, food, necklaces, and more! Read more

Make Our Second Annual Women’s Mixer Your Girl’s Night Out on April 26th!

April 11, 2012

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2010-12-21-cosmopolitan-skyyThe World Golf Village Area Davidson Speaker Series Women’s Mixer is back by popular demand. Join us on Thursday, April 26 at 7:00 pm when a variety of area businesses and experts will share their wares and services. All business representatives will be women and many of the businesses are woman-owned. The free event is open to the public as part of Davidson Realty’s ongoing monthly Davidson Speaker Series event. Complimentary cocktails will be served and there will be discounts, giveaways and special offers from exclusive vendors. Don’t miss this great opportunity to mingle with friends and “shop” a variety of local vendors, get expert advice or simply browse and enjoy a cocktail. 

On tap for the event are:
• Thirty-One (bags and totes that can be monogrammed) – Kristie Brocksmith, Representative
• Stella & Dot (jewelry and accessories) – Peyton Davidson, Representative
• Jewelry by Leah
• Silpada (jewelry) – Representatives, Pauline Cake & Lynn Whitley
• Go Fish (women’s fashions) & Cousart Studios (photography) – Christine Cousart
• Wine of the Week (personalized wine gifts) – Kim White
• Big Mouth Catering (personalized chef services, party catering & more) – Tasha Peters
• Turtle Treats (gourmet chocolates and designer soaps) – Rose Hester
• Interiors Revitalized (interior design and decorating) – Christy McCarthy Read more

Northeast Florida Market Trends for February: The Highest Number of Pending Sales Since April 2010!

March 27, 2012

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I’ve got a great ambition to die of exhaustion rather than boredom.Angus Grossart

I have been saying for almost 32 years that I could never be bored married to Jim. There is no way to predict what he will do any day and he somehow always convinces me to join in whatever adventure he creates. Something new I am working on is to find some joy in every single day. I hope you will also.

I found some joy in the Northeast Florida Association of Realtors Market Stats for February. The most exciting news to me is the increase in pending sales of 27% over February 2011. For the last 12 months we have averaged 1,493 pending sales and in February 2012 there were 1,750 contracts written. This is the highest number of pending sales since April 2010. Interestingly, based on a rolling 12-month total the $500,000-$1M price range had the highest percentage increase (over 17%) in pending sales.

The inventory has continued to decline. There were 14,321 active properties available in the NEFAR market area in February 2011 and there are 30% less properties available in February 2012 with only 9,977 active properties. The months supply of inventory dropped 35% from 10.3 months supply in February 2011 to 6.7 months supply in February 2012 very near market stabilization. The price range with the largest decrease in number of properties and months supply is the under $150,000 price range with a 5.3 month supply. Read more

DESIGN PROS FROM POTTERY BARN “IN THE HOUSE” FOR THE DAVIDSON SPEAKER SERIES

March 9, 2012

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img29Hankering to freshen up your home?  How about bringing the outdoors in?  Let the design experts from Pottery Barn give you tips and advice at our free Davidson Speaker Series event on Thursday, March 29 at 7:00 pm. 

img38bTwo designers from Pottery Barn at Town Center will bring a variety of new merchandise – think fun pillow covers to easily update your look, summer table settings, coastal-inspired accessories and other treats – to the event at the Davidson Realty office in World Golf Village.  Summerizing your home will be a breeze!  What’s more is the design experts from Pottery Barn can help solve your design problems, and provide free design consultation to get your house looking it’s best.  They’ll also share insider tips for shopping their sales and discounts. Read more

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