Davidson Realty, Inc.

Jacksonville Real Estate Trends in July continue to show positive trends!

August 29, 2018

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Posted by in News, Northeast Florida Market Trends

The Northeast Florida Association of Realtors market stats for July continue to show positive trends. Year to date new listings are up, pending sales are up, closed sales are on track with last year, days on market are down, and prices continue to rise.

 

We have been talking about the small amount of homes available for sale for months, so it is nice to see new listings up 18% over last July and 9% year to date. There were 9,088 homes for sale in July which is down less than 1% from last July.

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Congrats to our Top Realtors for July 2018!

August 14, 2018

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Posted by in News, Top Agents

Our great summer selling season continues with $11.5 Million in sales for July at Davidson Realty. A special shout out to our Top Producers.

 

Ron Savarese was our top producer with 4 closings this month. While skillfully handling his closings, he also sold $1.5 Million during the month.

 

 

 

 

 

 

 

 

 

It is always hard to reach higher than Mirtha Barzaga. Mirtha is our top lister and sales agent with over $2.7 Million in sales.

 

Our top producing team for July is Lynn and Allen Whitley. I enjoy seeing our husband/wife teams be so successful.

 

 

 

 

 

 

 

 

Our top sales team is Jeanie Oehrle and Ann Kuss. They continue to win monthly awards and take great care of their customers.

 

Our Jacksonville Beach office is having a great year with Ted Tyndall our top producer and Margherite Myers our top sales agent.

 

 

 

 

 

 

 

 

 

Andrea Gallagher and I are proud to have a team that supports each other every day!

 

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Jacksonville Real Estate Trends in June – Have you ever wondered if you can use funds in your IRA to buy a home?

July 27, 2018

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Posted by in News, Northeast Florida Market Trends

An article in USA TODAY by Matthew Frankel gives a good and simple answer. “First-time homebuyers can take out as much as $10,000 from their traditional IRA penalty-free, although it will still count as taxable income. And if your spouse also has a traditional IRA, they can take out $10,000 as well.

 

Furthermore, the homebuyer doesn’t necessarily have to be you. You can use the money to help your child, grandchild or parent buy a home as well. The IRS has a liberal definition of what a “first-time” homebuyer is. Basically, you must not have owned a principal residence within the last two years.” A Roth IRA can be used also, but the rules are slightly different.

 

Our local real estate market is still looking strong in the Northeast Florida Association of Realtors market stats for June. There were 3,868 new listings in June, an increase of 13.4% from last June and 8.1% year to date, which is very positive since the homes available for sale have been very low.

 

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Congrats to our Top Realtors for June & Second Quarter of 2018!

July 9, 2018

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Posted by in News, Top Agents

June was sizzling and our best month this year with over $13 million in closings. I want to recognize our top performing agents for the month and quarter.

 

All three top awards for closings, listings and sales, go to Suzy Evans for the month. Suzy had $1.2 million in closings and $1 million in sales. Congratulations!

 

 

Our top producing team for closings and sales is The Nemethy Group. Shelley and Tim had a great month. They also are the top producers and sales for the 2nd quarter.

 

 

Our Jacksonville Beach office is coming on strong with Margherite Myers as our top producer and Steve Rodriguez as top sales.

 

 

The 2nd quarter was very good with $36 million in closings.

 

Mirtha Barzaga continued her amazing year by achieving all three top awards for the quarter, top producer, listings and sales with $3.2 million in closings and $3.4 million in sales.

 

Jennifer Todd was our Jacksonville Beach office top producer with $3.1 million in closings and top sales for the quarter.

 

 

Thanks to our entire team for an awesome month and quarter!

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Jacksonville Real Estate Trends in May – An increase in new listings which is very good news!

June 26, 2018

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Posted by in News, Northeast Florida Market Trends

The Northeast Florida Association of Realtors market stats for May show an increase in new listings which is very good news. There were 3,797 new listings in May which is up 9% over last May and we are up by 7% year to date.

 

Even with the increase in new listings, the inventory of homes for sale is down 9% from last May to 8,398 properties. There are 3.4 months of supply of inventory which is down 13% from last May. A balanced market is 5 to 6 months of inventory. The shortage of homes for sale is most acute in the price ranges under $300,000.

 

There is plenty of buyer demand. There were 2,996 contracts written in May which is an 11% increase over last May. Pending sales are up 6% year to date.

 

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