Jacksonville’s Real Estate Trends in November & Realtor.com’s Top 5 Housing Predictions for 2015

December 23, 2014

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Don’t be afraid to take a big step if one is indicated. You can’t cross a chasm in two small steps.” — David Lloyd George

I encourage you as you write your 2015 goals to take a big step. We have been playing defense for too long in the real estate industry.

Since my crystal ball isn’t working today and we are nearing the end of 2014, I will share Realtor.com’s top five housing predictions for 2015. These are national predictions, so as soon as I receive something more local from University of Central Florida or Florida Realtors, I will pass it on.
1. Millennials will drive household formations
2. Existing home sales will increase +8%
3. Home prices will gain +4-5%
4. Mortgage rates will end the year at 5%
5. Home affordability will decrease 5-10% Read more

October’s Real Estate Trends – Jacksonville Ranked #9 Nationally in all Cash Sales

November 26, 2014

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Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough. –Oprah Winfrey

The Northeast Florida Association of Realtors market stats for October make me thankful for the positive trends we continue to see. The pending sales in October of 2,193 are 22% higher than the previous October. We have 11% more pending sales year to date than the same period in 2013.

There were 1,906 closings in October which are 4% more than the previous October and year to date we are up 7%. You have to keep in perspective that 2013 was drastically better than 2012 and we continue to have better numbers in 2014 than 2013. Read more

Jacksonville FL Real Estate Trends in August – This Month’s Pending Sales up over 21% From August 2013

September 23, 2014

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It’s not the will to win that matters—everyone has that. It’s the will to prepare to win that matters.” Paul “Bear” Bryant

With football season underway, it is nice to start with a quote from a true legend. I will not discuss football or baseball since the teams I love all seem to lack the additional preparation to win.

The Northeast Florida Association of Realtors market stats for August continue to show the positive trends that we have been seeing since March of this year. The most impressive to me is pending sales. There were 21% more contracts written in August 2014 (2,305) than in August 2013 (1,901). There have been 17,061 contracts written year to date for an 11% increase over 15,429 last year. Read more

July Real Estate Trends – Local Market Shines Against National Market

August 21, 2014

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“Too many of us are not living our dreams because we are living our fears.” -Les Brown

There is still a lot of fear and uncertainty about the economy and the national real estate market. The real estate trends have been more positive locally. The Northeast Florida Association of Realtors July market stats continues to show pending sales increasing, inventory of homes for sale decreasing and median and average sales prices increasing. All very positive. Read more

Davidson Invites Aspiring Realtors to Come and Explore new Career Opportunities

August 18, 2014

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At Davidson, we pride ourselves on a strong commitment to education, guidance and agent support. And we are excited to invite interested professionals to learn about a real estate career at our next Career Opportunity open house on September 4 from 6:30 to 8 p.m. at the Davidson Realty offices in World Golf Village. Read more

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