Jacksonville’s Real Estate Trends in January – Low Inventory Makes For a Great Seller’s Market!

February 23, 2016

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“Nothing, Everything, Anything, Something: If you have nothing, then you have everything, because you have the freedom to do anything, without the fear of losing something.” — Jarod Kintz

The Northeast Florida Association of Realtors market stats indicate that 2016 is off to a great start with pending sales of 2,141 which is 10% more than last January. The last 12 months have averaged 2,322 pending sales per month compared to the previous 12 month’s average of 1,995 for a 16% increase. Read more

Jacksonville’s December Real Estate Trends – Distressed Homes Down by 53%

January 21, 2016

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“Perfection is not attainable, but if we chase perfection we can achieve excellence.” Vince Lombardi

Florida Realtors published a great article reviewing 2015 and looking ahead to 2016. I would like to share the highlights with you.
1. The market – According to Freddie Mac’s latest Multi-Indicator Market Index, Florida’s real estate rebound led the nation, with Orlando the top U. S. rebound city.
2. Inventory is getting tighter – Some underwater owners still can’t sell, some boomers are staying put, and some investors scooped homes in the lower-price categories, leaving today’s first-time buyers struggling. Read more

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

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