Davidson Realty, Inc.

FL Real Estate Trends in September – New Construction is Booming in St. Johns County!

October 28, 2013

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Posted by in News, Northeast Florida Market Trends

He who thinks he is leading and has no one following him is only taking a walk. ~ Malawian proverb

There is a lot of wisdom in this quote from Africa. It would not hurt for those in Washington to consider these words.

The NEFAR Market Stats for September 2013 begins its summary with “Do you hear that? Hummmmm. That’s the delightful sound of normalcy. Buyers are buying, sellers are selling, lenders are lending and builders are building.” Our monthly closing report for Davidson Realty shows 32% of our closings were new construction,  59% were traditional (normal) closings and only  9% were  foreclosures or short sales. Read more

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Top 3 Jacksonville FL Real Estate Market Trends in April

May 25, 2010

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Posted by in Northeast Florida Market Trends

My top three trends from the Northeast Florida Association of Realtors (NEFAR) Market Stats for April 2010 are:

1. The lender mediated sales for April which is the foreclosures and short sales were 44.4% of total April closings. This is down from over 50% of closings in January 2010.
2. The Year to Date closings for St. Augustine FL homes and Jacksonville FL homes from January to April 2010 are 4,908 which is 31.5% more than January to April 2009 when there were 3,731 closings.
3. There were 2,206 pending sales in April, 2010 which is 66.4% more sales than April, 2009 when there were 1,326.

The real estate trends in the St. Augustine and Jacksonville area continue to show signs of a slow recovery.

For more information or to talk to a knowledgeable Jacksonville or St. Augustine realtor please call (904) 940-5000.

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