Congratulations to the top producing agents at Davidson Realty for January 2020.

February 6, 2020

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Mirtha Barzaga is the Top Producer with 5 closings in January. She is also our Top Sales Agent with 6 sales totaling $2.5 Million in sales for the month. Mirtha is following up a great year in 2019 where she was Top Producer and Top Sales for the year. She also received The President’s Award for 2019.

 

 

 

The Top Lister for January is Suzy Evans. Suzy had over $1.2 Million of her listings go under contract during January. Her total sales for the month were $1.8 Million. Suzy also had a wonderful 2019 and she was our Top Listing Agent of the year.

 

 

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All signs point to a great year for real estate in Northeast Florida in 2020!

January 27, 2020

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All signs point to a great year for real estate in Northeast Florida in 2020. The Northeast Florida Association of Realtors market stats for December 2019 show sales, closings and prices are up for the month and year. The supply of homes on the market continues to drop.

 

 

Year over year numbers are:                     2018             2019           Change   

Pending sales                                            30,244           32,466          +7.3%
Closed sales                                              30,253           31,881          +5.4%
Median sales price                                $222,000       $233,990        +5.4%
Inventory of homes for sale                        9,181             7,602          -17.2%
Months supply of homes for sale                 3.6                 2.8            -22.2%

 

 

A study by ShowingTime indicates that buyer traffic has increased in all four major regions of the U.S. The South region saw the biggest uptick with 10.8% year-over-year increase in October. We are seeing increased buyer activity in Northeast Florida.

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Congratulations to our Tops for the month of December and the 4th quarter of 2019!

January 10, 2020

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The December Top Producer and December and 4th quarter Top Sales and Top Lister is Mirtha Barzaga. Mirtha finished the year strong with $4.4 Million is sales for the 4th quarter. Congratulations to Mirtha also for the toys and food she collected for the Emergency Services and Homeless Coalition of St. Johns County at her two events.

 

 

The Top Producer for the 4th quarter is Suzy Evans. Suzy finished the quarter with $3.6 Million in closings. Suzy provides great value to her customers with her in-depth knowledge of the communities in the first coast and her over 12 year background in the mortgage industry.

 

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Seven reasons homebuyers love Northeast Florida

January 8, 2020

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Posted by in News

People give all kinds of reasons for moving to Florida from the great weather and beautiful beaches to job opportunities and abundant golfing.

 

But I like to dig a little deeper and let buyers know why Northeast Florida specifically is hands-down the best place to live in the Sunshine State.

 

 1.) Our price points are excellent by comparison. The Jacksonville metropolitan area (Duval, Baker, Clay, Nassau and St. Johns counties) is known for price points that are much better than other parts of the state, making this a really affordable option for budget-minded buyers looking to enjoy living in Florida.

 

2.) We have fewer storms than many parts of Florida. Thanks to our unique geography, Northeast Florida is a little less hurricane-prone than most other parts of the state (and even many parts of the Carolinas). Nevertheless, you will want to seek out a home that meets Florida’s strict building codes in case of a storm. Also, strongly consider getting flood insurance if you buy in a flood zone.

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The 2019 Year is coming to an end! See what the Real Estate Expert predict for 2020!

December 23, 2019

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Brian Buffini, a well-known real estate trainer and speaker, recently shared his real estate predictions for 2020. Buffini spoke about the positive fundamentals for the economy:

  1. Very low inflation rate of 1.8%
  2. Very low unemployment of 3.6%
  3. High labor participation rate of 63.3%
  4. High consumer confidence of 96+

Buffini agreed with Lawrence Yun, NAR’s Chief Economist, recap and predictions for the real estate market.

                                                          2018              2019                2020
   New home sales                      627,000         701,000           750,000

Existing home sales                     5.34M             5.46M               5.56M

Median price growth                     5.7%               4.9%                  4.3%

30-year interest rate                     4.7%              3.7%                 3.75%

 

As you can see, the prediction is for new home sales and existing home sales to continue to grow, price increases to slow down slightly and interest rates to stay low. All very good news.

 

The Northeast Florida Association of Realtors market stats for November 2019 also show positives for our local real estate market. Pending sales are up 6.8% year to date, closed sales are up 4.5%, median sales price is up 5.2% and the average sales price is up 3.5%.

 

The inventory of homes for sale in November is 8,427 which is down 15% from last November. This is the smallest amount of homes available since January 2018. There is a 3.1 months supply of inventory which is down 20.5% from last November.

 

We wish you a Merry Christmas and Happy New Year! Thank you for all the past support and referrals and let’s make 2020 the best year ever.

 

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About Sherry Davidson, President of Davidson Realty
Since launching Davidson Realty in 1989, Sherry Davidson has built the firm to include nearly 60 agents and exceed $100 million in annual sales. She is known throughout the First Coast as an authority on all things residential real estate, having served on the Board of Directors for Northeast Florida Association of Realtors, Florida Realtors® (a division of the National Association of Realtors), and Builders Care (charitable arm of Northeast Florida Builders Association).
Thanks to Sherry’s leadership, Davidson Realty has been recognized as one of the state’s Best Companies to Work For (Florida Trend Magazine), as well as one of the region’s Best Places to Work and 50 Fastest Growing Companies (Jacksonville Business Journal). Get to know Davidson Realty’s talented team of agents by clicking here or call us at (904) 940-5000.————————————————

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