Davidson Realty, Inc.

NORTHEAST FLORIDA BUILDERS ARE TRYING TO KEEP UP WITH THE DEMAND FOR NEW HOMES. HERE’S HOW SOME BUILDERS ARE MANAGING THE PROCESS.

June 23, 2021

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Posted by in New Home Construction, News, Northeast Florida Market Trends

Persistence and patience are the name of the game in the current real estate market as every corner of the industry has been rattled by uncertainty as a side effect of the COVID-19 pandemic. 

 

“The Northeast Florida real estate market is as hot as many in our industry have ever seen,” shares Davidson Realty President, Sherry Davidson. “There are not enough homes on the market to satisfy buyer demand. Resale homes coming available are getting multiple offers usually within hours to a day and offers are mostly above list price. In May of this year, more than 41% of homes closed were over asking price,” Sherry continues. Even the new construction housing market has experienced challenges that are requiring home seekers to adapt. We’ve connected with some of the talented home builders in Northeast Florida to get an update on their current conditions. 

 

Riverside Homes

“Riverside Homes continues to see very strong demand and we have made a few changes to our process to ensure the very best quality homes and provide the great building experience the people expect from Riverside Homes. We limit the amount of sales in each of our communities so we can keep a smooth process for permitting and building our homes. We closely monitor increasing supply costs each month doing our best to offer the most competitive home pricing,” shares Riverside Homes Sales Manager, Jacki Matthews. Despite the building supply shortages plaguing builders across the country, Riverside Homes promises to maintain the integrity and quality of their homes. 

 

Ashley Homes

Ashley Homes experienced a surge in sales and are currently sold out in Silverleaf, and have been since February 2021. “During the pandemic, we had no limits on sales and sold everything that we had available. Ashley Homes includes escalation clauses in many of our contracts, as do other builders, to protect us and our buyers from unforeseen lumber and material increases. Our buyer may pay a modest increase just to cover the rising material costs, but Ashley Homes has no profit added, shares Ashley Homes’ very own Greg Souris. Ashley Homes is navigating the home building process with their buyers, many who have seen more than $40,000-$50,000 increase in their home value before their home construction even started. 

 

Providence Homes

“In E-Town we are not limiting pre-sales or inventory homes, however, some of our policies have changed on when we can release inventory homes for sales. In Nocatee, we are limiting the pace of sales so we can manage the construction process,” shares Brenda Harris, Sales Associate at Providence Homes. Build time is approximately eight months, but Providence Homes is asking for flexibility and understanding from customers as material shortages could cause delays. 

 

MasterCraft Builder Group

Brad Shee, MasterCraft Builder Group President, shared, “The shortage of materials began in March 2021 as suppliers burned through inventory. Based on the lumber futures chart, lumber prices should start dropping. Because of the shortages, MasterCraft Builder Group is limiting sales each month in TrailMark and Rivertown.” The demand for homes in Northeast Florida is unprecedented, but it’s no surprise as the attraction to the First Coast is clear from the ocean to the river to the affordable cost of living. 

 

With more than 30 years of experience, Davidson Realty has cultivated strong relationships with some of the area’s leading home builders in Northeast Florida. Davidson Realty Agents know the new constructions market in Northeast Florida and can help you find the perfect lot and design to fit your needs. “Our agents are constantly talking to builder site agents to stay current on which builders have inventory and how they are managing the sales process. This constant communication allows our agents to know if a sale falls through, what is available, and the timing and process of the homesites that will be released so our clients can take advantage,” shares Sherry Davidson. 

 

The real estate experts at Davidson Realty will be by your side throughout the construction process to ensure your expectations and vision comes to life! For more information on new construction homes in Northeast Florida, call Davidson Realty at (904) 940-5000.

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Meet St. Johns County’s Newest Master-Planned Community – SilverLeaf

February 12, 2021

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Posted by in Featured Neighborhood, Neighborhoods, New Home Construction, News, Northeast Florida Market Trends, St. Johns County schools, Videos

If you drive around St. Johns County, you will see new businesses and developments popping up on every corner. And this growth has no plans of slowing down. St. Johns County is not going to stop growing any time soon. An upcoming jewel in the highly coveted area: SilverLeaf. SilverLeaf is a master-planned community that is family-friendly and features resort-style amenities with no CDD fees. “Our customers are drawn to SilverLeaf because of the location and convenience it provides as you can easily get to any destination from SilverLeaf. The community in St. Johns County is thriving and a wonderful place to call home,” shares Davidson Realty President, Sherry Davidson. SilverLeaf is zoned for 10,700 dwelling units, 2,650,000 square feet of mixed-use commercial space, and more than 3,500 acres of beautiful conservation land. Once complete, SilverLeaf will be one of the largest community development in Northeast Florida.

 

SilverLeaf will be home to several neighborhoods with homes for families and individuals with a size, price point, and style for everyone. SilverLeaf maintains the high standards of quality and detail that are a trademark of The Hutson Companies, well-respected developers of the community. The Hutson Companies bring more than forty years of development, construction, and community involvement to bring the vision of SilverLeaf to life. Each home in SilverLeaf will be expertly crafted to exceed expectations.

 

From the miles of walking and bike paths to the resort-style amenity center, this family-oriented community offers residents countless opportunities for activity and entertainment. However, the attraction to SilverLeaf doesn’t stop once you leave the community. St. Johns County is home to the #1 Public School District in the State of Florida with a one to eighteen educator to student ratio. It also doesn’t hurt that St. Johns County has the lowest property tax rate in the Northeast Florida Region and is ranked the healthiest county in Florida.

 

The builders in SilverLeaf are the best and brightest in Northeast Florida. Each builder brings unique character to their homes to ensure each home in SilverLeaf is distinctive.

 

Riverside Homes:

Award-winning homebuilder, Riverside Homes, is bringing its thoughtful floor plans and quality construction to SilverLeaf Village, one of the premier neighborhoods within SilverLeaf. Riverside Homes range from 1,570 square feet to more than 3,700 square feet on spacious 43′, 53’, and 63’ lots. With 18 plan options to choose from, there is a broad selection of home designs so you can find the perfect fit for your family. Home prices start in the $300s.

 

View an exclusive look at SilverLeaf’s ideal location (Part 1), amenity center (Part 2), and Riverside Homes model (Part 3) in our “Get to Know SilverLeaf” video series with Sherry Davidson and the owners of Riverside Homes, Matt Roberts, and Chris Wood.

 

MasterCraft Builder Group:

MasterCraft Builder Group is building semi-custom homes in SilverLeaf Village. Each home by MasterCraft Builder Group is thoughtfully designed and provide luxury features standard. Most of MasterCraft’s homesites offer preserve and lake views providing both privacy and serenity. MasterCraft Homes in SilverLeaf Village are starting in the $300,000s and will range from 1,480 to more than 3,980 square feet on 43’, 53’, and 63’ lots. 

 

Emerald Homes:

D.R. Horton is proud to bring Emerald Homes to SilverLeaf. Emerald Homes luxury homes will feature state of the art smart home technology for their one and two-story open concept home plans. Emerald Homes promises elegant exteriors and high-end features to deliver elevated design to your dream home. Homes will range from 1,646 to more than 2,896 square feet starting at $348,990. 

 

Dream Finders Homes:

Dream Finders Homes will offer both single-family homes and maintenance-free townhomes with a variety of designer features to customize your dream home to SilverLeaf neighborhoods, Holly Forest and Meadow Ridge. Homes in Holly Forest will feature 20’ and 24’ townhome lots and 53’ and 63’ single-family lots ranging from 1,250 to more than 3,000 square feet. The single-family homes in Meadow Ridge will place homes on 43’ and 53’ homesites. 

 

Ashley Homes:

With twenty-two floor plans to choose from, Ashley Homes is excited to bring their quality construction and unique floor plans to SilverLeaf. Ashley Homes provides the ability to customize your floor plan and feature to make your home your own. Standard features in Ashley Homes at SilverLeaf include gourmet kitchens and energy-efficient materials. 

 

With so many options to choose from and the current state of the real estate market, it is imperative to have a real estate agent help guide you through the new build process. “Davidson Realty agents work with builders continuously in various new construction communities. Our agents will get to know the needs of your family and will be able to suggest features and ideas you may not know about to ensure your family finds their perfect fit. The Davidson Team will help guide you through the process, help you negotiate with the builder to get the best pricing for your new home, and be your advocate if anything isn’t as you expected.”  The Davidson Realty Team is equipped with the knowledge of the area, market, and SilverLeaf community to help you successfully secure a new home for you and your family in SilverLeaf. Contact our office today at (904) 940-5000 to find your new home in SilverLeaf.

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

October 23, 2015

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Posted by in News, Northeast Florida Market Trends

“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

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