Davidson Realty, Inc.

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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Building A Better Tomorrow – Vallencourt Construction Company Supports Davidson Cares Clay Day

February 25, 2021

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Posted by in Community Involvement, Events, News

From the inception of Davidson Cares Clay Day, Vallencourt Construction Company has been a major sponsor. The relationship between Vallencourt Construction and Davidson Realty dates back to the 1980s when Davidson Development President Jim Davidson was with Arvida Corporation and working at Sawgrass. Through the years, the Davidsons have had the pleasure of working with three generations of the Vallencourt Family. Vallencourt Construction Company and the Davidsons worked together as Vallencourt Construction helped bring the World Golf Village vision to life. 

 

Vallencourt Construction was established in 1945. With more than seventy years of experience, family-owned Vallencourt Construction provides clients an unbeatable value with their experience, strong workforce, and top-of-the-line machinery. The team at Vallencourt Construction continually seeks out new markets and projects. They believe this forward-thinking is critical to providing the best value to customers, opportunities for employees, and growth as an organization. Vallencourt has had a hand in countless projects over the years including RiverTown, Bannon Lakes, Beachwalk, and the Town Center Promenade.

 

“Vallencourt Construction has a strong reputation for their integrity and incredible craftsmanship. I admire the heart they have for their employees. I have witnessed them go above and beyond to help their team or take the time to train people who they see potential in. Vallencourt Construction is constantly giving back to the community and extremely generous,” shares Davidson Realty President, Sherry Davidson. 

 

In addition to the excellent work they provide their customers, Vallencourt Construction continues to give back to the community. In 2006, the Vallencourt family established the Vallencourt Scholarship at Bishop Snyder. Each year, one young man and woman are selected to receive the scholarship for their exemplary work ethic. Vallencourt Construction Company are also strong supporters of St. Vincent’s Hospital and L’Arche Jacksonville as well as other organizations through sponsorships. 

 

Davidson Cares Clay Day is proud to have the support and sponsorship from Vallencourt Construction Company as they continue to give back in Northeast Florida. To learn more about Vallencourt Construction Company visit their website at www.vallencourt.com or call (904) 291-9330. 

 

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

February 16, 2021

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Posted by in News, Northeast Florida Market Trends

“Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful.” John Wooden

 

The Northeast Florida Association of Realtors market stats for January 2021 confirms what we are seeing in the market every day. The Inventory of Homes for Sale is 4,296 homes, down 51.6% from last January when there were 8,876. We have 1.4 months supply of inventory which is down 57.6% from 3.3 months last January. These numbers are staggering. The available inventory is lower than in the crazy period of 2004 and 2005.

 

It is the perfect storm if you are considering selling your home. When a new listing comes available buyers are offering list price with escalation clauses to pay more. Some buyers are removing appraisal and inspection contingencies to get their offer accepted. It is a very competitive market and you need expert advice to manage the process.

 

Buyer demand is strong as evidenced by 2,970 pending sales in January up 17.9% from last January. Closed sales of 2,210 is up 11.2%. With strong buyer demand and lower than normal inventory, prices continue to increase. The median sales price in January is $256,995 up 10.8% over last January. The average price is $319,811 up 16.0%.

 

National Association of Homebuilders (NAHB) Chief Economist, Dr. Robert Dietz and Florida Realtors Chief Economist, Dr. Brad O’Connor spoke at a recent Florida Realtors event and shared some interesting insights. Dr. Dietz said Florida had strong growth in new construction with 2020 building permits up “an incredible 30% year-over-year.”

 

The NAHB chief economist said he tracked data to look at the often-cited “shift to the suburbs” for housing in the latter part of 2020 due to COVID-19. He found that large metro areas with high density in the urban core still experienced a year-over-year growth rate of about 5.7% in 3Q 2020, but the lower-density, lower-cost suburbs out from the cities reported a growth rate of about 15%. Dietz also looked further out from Florida’s urban cores at communities known for second homes, investment homes or retirement. He said those areas reported a year-over-year growth rate of about 23.2% in 3Q 2020.

 

Dr. O’Connor explained that buyer wealth and available inventory matter more than density. “So, I would hypothesize that’s why you’re seeing a suburban shift in new home sales. And, why you’re seeing an overall greater surge in sales of upper-priced and luxury homes in Florida is that these kinds of homes are more freely available, and because many of the folks who are able to afford these kinds of properties also tend to be those who will be most able to work from home going forward.”

 

The northeast Florida housing market remains strong. It will be interesting to see what happens in the spring which is typically our strongest season. Enjoy the great spring weather and all the sports that are resuming. Thank you for your continued support and please let us know if we can help you with any real estate needs

 

 

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CONGRATULATIONS TO OUR TOP PRODUCERS FOR JANUARY 2021

February 8, 2021

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Posted by in Agent Feature, Top Agents

Buyer demand in January is still very strong. We had over $9 million in sales for the month. I would like to recognize our Top Performers for the month.

 

Lynn Whitley is our Top Producer (most closings) for January. Lynn is a true professional who is always improving herself with training. She is a Broker Associate and has earned many designations to serve her customers better. She gives the same level of care to less expensive transactions as she does to the luxury properties. Her customers rave about her service.

 

 

The Top Overall Sales and Top Lister is Mirtha Barzaga. Mirtha sold 4 of her listings in January and her overall sales volume was $2.6 Million for the month. Mirtha was just awarded Top Sales, Listings and Production (closings) for 2020. She is always one of our Tops.

 

 

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