Our Agents Answer Six Common Real Estate Questions

November 8, 2021

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For nearly two years, seemingly every industry has had to deal with unprecedented changes. The real estate industry is no exception as inventory of homes for sale and interest rates were at historic lows causing the market to be fiercely competitive. As the story of the real estate market continues to unfold, it’s vital to have an experienced real estate professional by your side. Northeast Florida real estate experts at Davidson Realty are answering some of the most common real estate questions. 

 

When is the best time to sell a home?

Quite a few people have asked me this lately and, honestly, in Florida or at least in our area, our selling season is year-round. Especially with the low inventory, we are experiencing, there doesn’t seem to be a wrong time to sell your home. Buyers are watching the market very closely for new listings to pop up. Some markets may slow down in the winter, but we have snowbirds who begin their search in January,” shares agent Shelley Nemethy

 

With the current market, should I still buy a new home before I sell my old one?

“If your current home is in an active community and in excellent condition, buying a new home before selling your current home could certainly be an option. However, if it is too much of a financial risk to put yourself in, in the event you had to carry both mortgages, I would advise against it,” shares agent Jennifer Todd

 

Is it still a seller’s market?

“It is still a seller’s market. Until we begin seeing a more balanced inventory in homes available, it will continue to be a seller’s market,” continues Nemethy. 

 

How should I prepare my home before selling it?

“Pack away or get rid of all clutter. The removal of clutter and items that you don’t need on a daily basis will enlarge your home. Eliminating excess furniture can also make a huge difference in how a home shows, “ shares agent Lynn Whitley. “You will recoup the cost of renting a storage unit and you will be a step ahead on packing when you accept an offer.”

 

What is your best advice for current home sellers?

“I suggest pricing your home to the current market and letting the market take the price to where it should be,” continues Todd. “ Always have your home spotless, no one wants to buy a dirty home!”

 

What is your best advice for current homebuyers?

“Hire an experienced real estate agent that knows how to help a buyer bid and win in this current competitive market. You’ll be glad you did,” continues Nemethy. 

 

If you are interested in buying or selling a home or have further questions about the market, contact Davidson Realty at (904) 940-5000.

Davidson Cares Clay Day: Changing Lives in Northeast Florida

October 29, 2021

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Davidson Cares is committed to supporting organizations in Northeast Florida that focus on enriching children and families. This year, thanks to generous sponsors, volunteers, and participants, Davidson Cares Clay Day 2021 raised more than $75,000 for three organizations to continue their incredible work for our First Coast community. 

 

“The 2021 Davidson Cares Clay Day was the most successful in our six-year history. We sold out forty sporting clays teams and had fourteen beginner skeet shooters. The sponsors and shooter’s generosity enabled us to help so many in our community through Investing in Kids, Builders Cares, and St. Augustine Youth Services.,” shared Davidson Realty President Sherry Davidson. 

 

Congratulations to this year’s winners which included: Hoodz Team (1st Place – North Course), Hutson Companies (2nd Place – North Course), HB Next (3rd Place – North Course), Steve Merill’s Team (1st Place – South Course), Thomas May Construction (2nd Place – South Course), and JCTS Club Team (3rd Place – South Course). Additionally, congratulations to Cooler & Cocktail Raffle winner Kaitlin McCurdy and Concerts for a Cause Raffle winner Rick Wood. 

 

Davidson Cares Clay Day has raised more than $345,000 over the last six years for organizations dedicated to supporting and uplifting Northeast Florida residents. This year Davidson Cares donated $25,000 to St. Augustine Youth Services, Investing in Kids!, and Builders Care. 

 

St. Augustine Youth Services (SAYS) has been serving Florida’s at-risk youth since 1989. SAYS provides coaching, counseling, and care centered around family-style therapeutic group homes and outpatient community services. Over the past thirty years, SAYS has provided treatment for thousands of children who have suffered abuse or neglect. Their programs bring crucial mental health services to hundreds of young people in St. Johns, Flagler, Volusia, and Putnam county. 

 

Investing in Kids! (INK!) help fund innovative programs and classroom resources for St. Johns County public school students. Established in 1994, INK! has inspired the greater community to invest in education. The funds raised from Davidson Cares Clay Day will support their Five Learning Years (FLY) and Take Stock in Children programs. FLY was developed to ensure children are prepared for success when starting kindergarten by providing educational intervention. Take Stock in Children is a statewide program that offers students college scholarships, mentoring, and hopes for a better future. INK! is the exclusive umbrella agency for this program in St. Johns County. 

 

Builders Care is a faith-based nonprofit organization that provides little to no cost contracting services to those in need of critical home repairs. Their mission is to provide quality home reconstruction to those who would otherwise be unable to afford it. Since 2001, Builders Care has assisted more than six hundred families totaling more than $6.5 million worth of construction to Jacksonville’s neediest families. Builders Care enlists volunteers and construction professionals to make homes handicapped-accessible, repair roofs, siding and leaks, and any other necessary repairs. 

 

These organizations are changing lives in our community. Davidson Cares Clay Day is proud to have raised more than $75,000 for these worthy causes and Davidson Cares is grateful for the continued support from their network of partners and friends who have helped make an impact when our community needs it the most! If you are interested in donating to these organizations, please visit www.davidsoncares.com.

Committed to Community – Riverside Homes Supports Davidson Cares Clay Day

October 27, 2021

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Six years ago, Davidson Realty President, Sherry Davidson aspired to organize a clay shoot to raise money for local, worthy organizations. “As we began planning, I knew I needed sponsors. My first call was to Chris Wood, co-owner of Riverside Homes,” shares Davidson. “Chris immediately agreed to the largest sponsorship and Riverside Homes has continued that same support every year.”

 

“We are so proud to sponsor Davidson Cares Clay Day. When we find an organization with such a heart for children, we are honored to be able to lend support,” shares Matt Roberts, co-owner of Riverside Homes.   

 

The Davidson Realty and Riverside Homes teams have a longstanding relationship built on mutual respect. The frequent collaboration and partnership spans from business to philanthropy and is bonded by a common desire to serve the Northeast Florida community. In fact, Erik Wilson of Riverside Homes is a member of the Davidson Cares Board and brings his insight and extremely caring spirit to the board of directors. 

 

Our Davidson Realty team loves to work with Riverside Homes. “It is such a pleasure to help customers purchase from a builder we know will deliver an outstanding home. Working with a local builder that is involved in the community and treats everyone with respect gives our agents and customers peace of mind,” continues Davidson. 

 

Riverside Homes is a locally-owned and award-winning home builder in Jacksonville, Florida with over 15 years of new home building experience including the 2019 Southern Living Idea House in Amelia Island, FL. Riverside Homes builds in amazing neighborhoods and provides designs that fit the way today’s families live. Every component of a Riverside Home is carefully crafted to ensure quality and value. Riverside Homes is currently building in St. Augustine, Ponte Vedra, Amelia Island, Fernandina Beach, St. Johns, Yulee, and Fleming Island.

 

“Riverside Homes is an extremely generous organization supporting the Northeast Florida Homebuilders Association (NEFBA), Builders Cares, and ReThreaded,” continues Davidson. “I know they support many other great charities and events in our community.  Matt Roberts and Chris Wood are always seeking opportunities to spread their philanthropic hearts.” 

 

Over the past six years, Davidson Cares Clay Day has raised more than $345,000 to support charities in need because of generous sponsors like Riverside Homes. To learn more about Riverside Homes visit their website at www.myriversidehome.com or call 904-530-4720.

 

Davidson Cares Clay Day

 

The 6th Annual Davidson Cares Clay Day was held on October 21, 2021, at Jacksonville Clay Target Sports. Davidson Cares Clay Day included two-sport shooting events, beginner skeet, and sporting clay. Individuals and teams from beginner to expert levels participate.  

In association with the event, there was also a raffle contest. Prizes include a 65-quart YETI cooler with 13 full-size liquors and a pod for Concerts for a Cause. 

 

Money raised from the event and raffles will go directly to Builders Care, St. Augustine Youth Services (SAYS), and Investing in Kids (INK!) in equal sums.

 

Please help us support these organizations that are so important to our community by visiting DavidsonCares.com.

Real Estate Market Update

October 19, 2021

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“In playing ball, and in life, a person occasionally gets the opportunity to do something great. When that time comes, only two things matter: being prepared to seize the moment and having the courage to take your best swing.” – Hank Aaron

 

A lot of wisdom from Hank Aaron. I hope you are enjoying watching the MLB playoffs.

 

The Northeast Florida Association of Realtors market stats for September show similar trends to the last few months. Prices are still rising at double-digit rates, with plenty of buyer demand, and a small supply of homes available.

 

The median sales price in September is $307,230 setting a record. This price is $7,000 more than August and $50,000 more than January 2021. This is an increase of 19.7% over last September.

 

The average sales price in September is $370,751 which is up 16.9% over last September. Numbers don’t always tell the human impact. We are seeing so many buyers on the sidelines right now because the homes they would like to buy between $300,000 and $400,000 are very difficult to find and get an offer accepted.

 

Our local buyers are competing with the strong influx of out-of-town buyers who consider our local area home prices more affordable compared to their previous market. The buyers wanting to use VA or FHA financing are also struggling because most sellers prefer cash or a conventional loan.

 

Affordability has impacted pending sales which were 3,201 in September, down 5.1% from last September, but up 10.9% year-to-date. Also, closings of 2,945 down 12.5% from last September, but up 12.9% year-to-date.

 

We are still seeing multiple offers, with 35.5% of homes selling over list price but that is down from 44.3% in July and 40.6% in August. Homes are still selling quickly with days on market at 30 days down 51.6% from last September when it was 62 days.

 

The market has calmed a little and possibly more buyers that have been sidelined will be able to find the home they want. I am very optimistic about the Northeast Florida real estate market. It is a great time to sell. Please let us know if we can assist you in any way.

 

Thanks for all the support of Davidson Cares Clay Day! We sold out for the first time ever.

 

A group of Davidson Realty agents are participating in the Walk to End Alzheimer’s on Saturday, November 6th at UNF. My mother and so many others suffered from this horrible disease. We would love to have you join us!

5 Family-Friendly Fall Activities in Northeast Florida

October 14, 2021

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It’s officially fall and although the temperatures might only be subtly changing in Northeast Florida, the season full of apples, pumpkins, and football is here! “Even though we are in Florida, there are still plenty of opportunities to embrace the fall season. The First Coast has a variety of options for fun in the fall to appeal to everyone,” shares Davidson Realty President, Sherry Davidson. Check out some of the family-friendly fall fun in and around Jacksonville. 

 

 

Southside United Methodist Church

3120 Hendricks Avenue, Jacksonville, Florida 32207

Roam the patch for the perfect pumpkin at Southside United Methodist Church (SUMC) Pumpkin Patch. Throughout the month of October, SUMC will be hosting fall family events including a photo fun day, trunk or treat, and a movie in the patch. Visit their website to learn more. 

 

Shepherd of the Woods Pumpkin Patch

6595 Columbia Park Court, Jacksonville, Florida 32258 

Stop by the beautiful forty-acre wooded, lakeside Shepherd of the Woods Pumpkin Patch. With a wide selection of pumpkins, fall scenes, and picnic tables by the lake. Admission is free and all proceeds from pumpkin sales will support missions. For more hours and information, visit their Facebook Page.

 

The Jacksonville Zoo & Gardens – Spooktacular

370 Zoo Parkway, Jacksonville, Florida 32218

Dress up in your favorite family-friendly costume and explore the Jacksonville Zoo during the 34th Annual Spooktacular. From October 15-17 and 22-31 from 6-10 pm, enjoy activities for all ages including trick-or-treating and multiple scare zones. Tickets must be purchased online in advance, get your tickets today! 

 

Amazing Grace Family Farms

2899 Wisteria Farms Road, Green Cove Springs, Florida 32043

Amazing Grace Family Farms is the perfect place to get your fall fix! Open every Friday and Saturday in October, enjoy the pumpkin patch, corn maze, sunflowers, and a host of family fun activities. A highlight every year is the farm animal petting zoo, where children can get up close and personal with their favorite farm animals. For a complete list of attractions and hours of operation, visit their website

 

Sykes Family Farms

5995 Brough Road, Elkton, Florida 32033

For all-day fun for all ages, you MUST visit Sykes Family Farms. Known for their nine-acre, four-phase corn maze, visitors truly can do it all at Sykes Family Farms. In addition to the corn maze, visitors can also enjoy hayrides, playgrounds, cow milking stations, and farm animals! For a full list of fun and to purchase tickets, visit their website.

 

There is clearly no shortage of fall family fun in Northeast Florida. We hope you and your family enjoy the fall season at one of these exciting locations!

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