Top Jacksonville Realtors in November 2010!

December 2, 2010

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We had another great month with over $4 million in closings! Seventeen agents contributed to our closings and sixteen agents had sales. Our closings year to date for 2010 are up 8% over year to date closings for 2009. Congratulations to our top St. Augustine Realtors in November!

Mirtha BarzagaOur Top Listing Agent for November is Mirtha Barzaga with $775,000 in listings sold. Mirtha is on a roll! She was also our Top Listing Agent for October. Mirtha believes real estate is so fulfilling because she has the opportunity to meet and help so many people. She loves working with her customers!Jock Ochiltree

This month, Jock Ochiltree is our Top Sales Agent with $472,000 in buyer sales.  Jock specializes in golf course community living and would be happy to show you around our St. Augustine golf course community! If you would like more information on golf course communities, please view Jock’s Golf Course Communities Webinar.

dottieOur Top Producer for closings in November is Dottie Lay with over $930,000. Dottie was our Top Sales Agent in October, September, and for the 3rd Quarter! Dottie was recently named a 5 STAR AGENT for the fourth time by the Florida Homebuyer Jacksonville magazine, a very esteemed recognition. Congratulations on all your success, Dottie!

All three of these Realtors are Certified Distressed Property Experts, so they are more than qualified to help you buy or sell a Short Sale or Foreclosure. Please let any of them know if you have real estate questions or are looking for a reliable real estate agent.

Jacksonville FL Real Estate Trends in October 2010

November 30, 2010

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“Every problem has in it the seeds of its own solution. If you don’t have any problems, you don’t get any seeds.” Norman Vincent Peale

This quote should give you a hint about the northeast Florida market for October. The numbers aren’t a surprise since many lenders halted foreclosure sales in October and 54.8% of the North Florida closings in September were lender mediated meaning a short sale or foreclosure. Only 48.7% of the closings in October were lender mediated.

• The number of closings in October reported by the Northeast Florida Association of Realtors (NEFAR) was 968 down from 1,263 in September.

I believe the foreclosure issues accounted for most of the drop in closings. On a positive note, the closings year to date through October 2010 are 13,393 up from 11,817 year to date through October 2009 and 10,686 year to date through October 2008.

• The number of pending sales in October were 1,280, which was down from 1,385 in September and 1,496 in August. Pending sales year to date through October 2010 like closings are up over 2008 and 2009.
• The median sales price and the average sales price are both higher than previous months. Again, I think this may be due to less foreclosure sales. The median sales price is $142,550 for October. It was only $130,000 for September which is a nice increase. The average sales price is $173,892 in October which is up from $166,504 in September. Read more

Reserve Your Spot Now to Join us for a Wine Tasting on November 11th

November 5, 2010

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2805617692_d4a3c90855_oMaybe we’re a little eager to kiss 2010 goodbye, but who can blame us when there’s delicious vino involved. We’re wrapping up our 2010 Davidson Speaker Series with a wine tasting conducted by Tim’s Wine Market of St. Augustine. The tasting is November 11th at 7 p.m. at the Davidson Realty building. Cost is $10 per person and RSVPs are due by this Monday, November 8th to Peyton at 904-940-5000. Space is limited and filling up fast. (Apparently, we’re not the only ones itching to sip wine and toast to a new year!) Michael from Tim’s Wine Market will surprise us with five different wine selections for us to sip, contemplate and taste again. We’ll toast to health, family & friends, prosperity and, of course, a better 2011!

The Davidson Speaker Series was started by our very own Sherry Davidson, President of Davidson Realty, Inc., so that local professionals could share their expertise with the community. It’s been a very successful series that will continue with new seminars in 2011. Thank you to all who participated in 2010, both speakers and attendees! We hope you’ll join us next week to share a glass of wine.

The Top Jacksonville FL Real Estate Agents in October 2010!

November 4, 2010

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Our Jacksonville Realtors took on October with a BANG! We had over $7.2 million in total sales for the month with the closings right behind at $5 million. Seventeen of our Realtors participated in the sales for the month – now that is team work! Here’s hoping November follows suit!

dottieCongratulations to our top Sales Agent this month – Mrs. Dottie Lay! Dottie had over $1.6 million in sales for October and she’s got those closings lined up for November. If you’ve been keeping up with our Tops blogs, you might remember seeing Dottie’s name as our Top Sales Agent for September AND for the 3rd Quarter. Way to go Dottie! We are very proud of you.Mirtha Barzaga

The Top Listing Agent for October is Mirtha Barzaga with over $600,000 in listings sold and nearly $700,000 in total sales!  Mirtha’s name should also sound familiar, considering she was our Top Producer in August and our Top Sales Agent in July. She is our little fire cracker and we love her! Congratulations Mirtha.

suzyAnd, of course, Suzy Evans made our top’s list for October! Suzy is our Top Producer this month with almost $770,000 in closings. Suzy was also our Top Lister and Top Producer for September AND the 3rd Quarter. Suzy has basically been on the top’s list every month in 2010. She was the Top Lister for the 1st, 2nd, and 3rd Quarters this year and the Top Producer for the 2nd and 3rd Quarters. I have a good feeling that we will see her name again when the numbers come out for the 4th Quarter. Great job, Suzy!

Congratulations to these outstanding women for going above and beyond in October!

Northeast Florida Real Estate Trends for September 2010

October 26, 2010

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sherrySo, last month I explained to you all that I was being called a “Negative Nancy” at work, but I have received tons of great feedback for providing you with the TRUE market stats instead of trying to put a positive slant on the information. So this month, I’m hitting you with the facts again! I am providing a table from the Northeast Florida Association of Realtors (NEFAR) statistics, so I don’t have to be positive or negative – you choose how to look at it!

 

July 2010

August 2010

September 2010

Pending Sales

1,502

1,553

1,502

Closings

1,364

1,394

1,178

Median Price

$137,000

$132,500

$130,000

Average Price

$168,974

$169,620

$168,787

Listings Available

15,985

15,762

15,266

Month of Inventory

11.0

10.6

9.9

Closings – Lender Mediated

46.6%

51.4%

54.8%

As you can see, pending sales haven’t changed very much in the last few months. The September 2010 pending sales are 6.6% higher than September 2009 when there were just 1,409.

The closed transactions were down in September 2010 from the previous month and down 14.5% from September 2009 when closings were 1,377. There is a positive trend in closings year to date. The total closings dropped from 24,367 in 2005 to 22,366 in 2006, 16,775 in 2007 and 12,604 in 2008. They went back up in 2009 to 14,524 and we already have 12,317 closings in 2010 with three months data to be included. Read more

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