Jacksonville Real Estate Trends in November – Industry Experts Predict Home Sales Reaching Highest Level Since 2006

December 22, 2015

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“Yesterday is not ours to recover, but tomorrow is ours to win or lose.” — Lyndon B. Johnson

A great thought as we wrap up 2015 and embark on a wonderful new year in 2016. This time of year most of us begin planning the next year so let’s look at a few of the predictions.

The 2016 housing forecast issued by realtor.com said “New home construction and moderate gains in the existing home market will deliver a one-two punch that pushes total home sales to the highest levels since 2006.” They are predicting total sales for existing and new homes will reach 6 million, prices will grow around 3% year-over-year and new home sales will grow 16%. Read more

Jacksonville’s Real Estate Trends in September – Experts in the Industry Forecast Continued New Construction Growth

October 23, 2015

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“Success is not final, failure is not fatal: it is the courage to continue that counts.” Winston Churchill

This quote seems appropriate with the baseball playoffs in full swing, college football rivalries broadcast weekly and of course the trials and tribulations of the Jaguars!!!

This quote certainly applies to the real estate industry.

Over the last thirty days there have been numerous articles by the pundits in the real estate industry forecasting what to expect industry wide over the next three years.

Kent Hoover – The Business Journal found: The Housing Market Index, which is a survey of builder confidence, jumped three points this month to 64, which is the highest level in 10 years. Read more

Jacksonville Real Estate Trends in August – New Construction Sales Shine!

September 21, 2015

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“It’s impossible,” said pride.
“It’s risky,” said experience.
“It’s pointless,” said reason.
“Give it a try,” whispered the heart.

This thought process is how many great things are accomplished. Because of the solid growth we are seeing in the northeast Florida real estate market and my love for the beach, my heart has whispered and Davidson Realty is growing to a new location on Beach Boulevard next to Taco Lu and Engine 15 in Jacksonville Beach. We are very excited to be able to serve our customers better with the expansion of both Davidson Realty and Davidson Property Management to the beaches area. Read more

Jacksonville Real Estate Trends in April 2015 – Pending Sales, Closings & Prices all up!

May 27, 2015

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Courage is what it takes to stand up and speak; courage is also what it takes to sit down and listen.” ~ Winston Churchill

It takes real courage to work in the real estate industry these days. Even though things are very positive at the moment, the last 8 years have had many false starts and there have been lots of ups and downs. Most of the people I know in our industry continue to be cautious.

The April 2015 Northeast Florida Association of Realtors market stats show a strong spring market. Pending sales, closings and prices are up and the homes available for sale are down. The trends could not be much better. Read more

Jacksonville Real Estate Trends for March – Pending Sales Higher This Month Than March 2005!

April 29, 2015

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People ask me what I do in winter when there’s no baseball. I’ll tell you what I do. I stare out the window and wait for spring.” – Rogers Hornsby

Spring is here and the Northeast Florida Association of Realtors market stats look strong. The most impressive trend I see is pending sales. There were 2,752 contracts written in north Florida in March 2015. This is 30% more than last March when 2,121 contracts were written. The pending sales are up 22% year to date over the previous year (7,038 compared to 5,766). The most staggering fact is that during the peak of the market in 2005, pending sales reached almost 2,500 for two months and we have approximately 250 more pending sales this March. Read more

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