Davidson Realty, Inc.

Northeast Florida Real Estate Market Update

April 25, 2022

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Posted by in News, Northeast Florida Market Trends

“A true friend is someone who thinks you’re a good egg, even if you’re cracked.” — Unknown

I hope everyone had a wonderful Easter! It is an amazing time of year.

 

The Northeast Florida Association of Realtors market stats for March 2022 show a continuing seller’s market with low available inventory and prices continuing to rise. The buyer demand remains strong.

 

The median sales price for March is $340,600 for all property types in all 6 counties of Northeast Florida. This is an increase of 3.2% from February and 24.8% from last March. The median price for a single-family home in St. Johns County jumped to $558,700. This compares with $330,000 in Duval, $345,000 in Clay, $222,000 in Putnam and $385,000 in Nassau.

 

The active available inventory for the entire market area is 2,888 properties which is down 8.0% from February and 32.7% from last March. We have 1.0 months supply of inventory which is down 24.3% from last year.

 

We continue to see new listings, but they are selling quickly with multiple offers if priced correctly. We will have to watch the market in April and through the summer to see the impact of rising home mortgage rates on demand.

 

A recent Harris Poll survey conducted for Coldwell Banker of more than 2,000 US adults shows 44% of Gen Z (18-25) and 35% of millennial (26-41) homeowners say they plan to sell their homes in the next 12 months. Many of these first-time homebuyers bought smaller starter homes that have gone up in value and they have enough equity to make a sizeable down payment on a larger home.

 

A Realtor.com housing report says the two primary motivations for selling are new familial needs (31%) and the desire for updated features (15%). The study indicates the majority of sellers planning to make a move are millennials ready to swap their starter homes for larger ones (49%). The study continues “compared to all survey respondents, higher shares of millennials want a more affordable home (34% vs. 21%) and need the sale money as soon as possible (14% vs. 11%) to help offset inflation, student loan debt, and other economic burdens.”

 

Given the projected increase in interest rates and increase in properties available for sale, it would appear to be wise to sell sooner rather than later. Additionally, the current market favors the seller with buyers agreeing in many instances to waive inspections, repairs, and pay cash.

 

If we can help you analyze your home’s value and discuss options, please let us know. We love to talk about real estate. Enjoy our beautiful weather and all the great activities outdoors this spring.

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Davidson Realty Welcomes New Agents Stacy Ann Cornell and Jennie Bermudez to Team of Experts

April 19, 2022

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Posted by in Agent Feature, News, Staff

Davidson Realty is proud to welcome new faces to its team of real estate experts. “At Davidson Realty we are focused on giving our agents the tools they need to put their clients first. By putting people first, our clients get a personalized real estate experience from our Northeast Florida real estate experts,” shares Davidson Realty President, Sherry Davidson. Davidson Realty is delighted to introduce two new members to the family!

 

 

Stacy Ann Cornell

Originally from Toronto, Canada, Stacy spent most of her childhood on the island of Jamaica where the majority of her family was born and raised. She earned a degree in Sociology from the University of Windsor and a diploma in Early Childhood Education from St. Clair College and went on to become a Preschool Teacher, in Canada. Without hesitation, Stacy seized an opportunity to teach overseas. She spent 11 years teaching English, developing and implementing English Curriculum for schools in South Korea and Japan. While living abroad, Stacy loved going on travel adventures, and backpacking in various countries, such as Thailand, The Philippines, Fiji, and Vietnam. 

 

Stacy is no stranger to constant relocation, planned and unplanned. Her family has relocated multiple times overseas and within the United States for her teaching career and for her husband who served in the United States Air Force. She understands the process and the importance of finding a home that will accommodate and support the needs of the military family lifestyle. Upon the retirement of her husband’s service from the military, Stacy and her family found permanent residency in the RIVERTOWN Community of Saint Johns County.

 

Stacy owns and operates a mobile childcare service, volunteers as a Chairperson on the PTO, is a Team Parent for the Julington Creek T-Ball league, and is an active member in her community, hosting various activities and family events with her nonprofit organization, The Belles & Beaus of the River Society. Stacy’s long time passion for real estate, combined experience, knowledge, and education as a Preschool Teacher and business owner, provide her with valuable skills to ensure her clients receive exceptional service for their real estate needs while establishing a lifelong relationship, not only as their agent but as a friend.

 

Jennie Bermudez

Jennie Bermudez is a native Floridian, born and raised in Jacksonville, Florida. Growing up, Jennie’s father was a home building contractor and enjoyed being raised in the business. Due to her husband’s career, Jennie has been able to travel and live across the country. Life experiences along with extensive relocations made Jennie realize how important it is to have a compassionate and trustworthy Realtor. “Guiding someone through the process of buying and or selling your home is an emotional and complicated process. It is my responsibility to make your experiences as smooth and simple as possible. It will always be my pleasure and honor to accompany and help you on your journey,” shares Jennie. 

 

Jennie is a proud mother to two daughters, a fabulous son(in-law), three granddogs, and a rescue dog of her own. In her free time, Jennie loves to cook, thrift shop, and spend time with the people that mean the most to her. 

 

If you are interested in a career in real estate with Davidson Realty, call us today at (904) 940-5000.

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Working For Northeast Florida – Ring Power Supports Davidson Cares Clay Day

April 7, 2022

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Posted by in Community Involvement, Events, News

Davidson Cares was proud to have Ring Power as a sponsor for Clay Day in 2021. With their commitment to giving back, Ring Power’s heart for service is the perfect addition to the Davidson Cares family. 

 

Ring Power recently celebrated its 60th anniversary as a full-line Cat dealer. To celebrate, Ring Power Corporation has pledged to support more than sixty charitable organizations located in the communities in which it operates. Giving back to the communities they work in has been a cornerstone of Ring Power’s company culture. Throughout the years, Ring Power employees have graciously volunteered time and donated to countless charitable events, civic groups, and educational institutions. 

 

“We are so grateful to have the support of Ring Power as Davidson Cares continues to enrich the lives of young people and families in Northeast Florida. Their dedication to service is inspiring and we are fortunate to call them partners in the community,” shares Davidson Realty President, Sherry Davidson. 

 

Ring Power Corporation, North and Central Florida’s Cat ® dealer, is headquartered in St. Augustine, Florida, and is comprised of eight divisions. Ring Power services and supports Cat ® products and allied equipment. 

 

Davidson Cares Clay Day is proud to have the support and sponsorship from Ring Power as they continue to do incredible work in Northeast Florida. To learn more about Ring Power visit their website at www.ringpower.com or call (904) 737-7730.

 

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 participated.  

 

In association with the event, there was also a raffle contest. Prizes included 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 went 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.

 

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Davidson Realty Agent, Lynn Whitley, Earns Gold Key Certification

April 5, 2022

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Posted by in Agent Feature, Awards, News, Staff

Davidson Realty takes pride in the incredible team of agents that strive to provide expert real estate services in Northeast Florida. Learning and development never stop. On March 3rd, Lynn Whitley, one of Davidson Realty’s agents, earned the Gold Key Certification through the Northeast Florida Association of Realtors (NEFAR). The Gold Key Certification is earned by completing a course that equips Realtors ® with the tools to establish lasting relationships with their real estate colleagues, business partners, and customers.

 

“Since earning my license in the late 1990s, it has been my goal to provide a real estate experience that exceeds my customers’ expectations. Becoming Gold Key Certified offered a learning experience to target ways to increase my level of service and make buying and selling easier for the individuals involved,” shares Whitley. “The course covered a variety of topics including honesty, integrity, handling criticism, practicing humility, and learning to listen. The training received in the process of earning the Gold Key Certification will serve to make me a better communicator, listening to needs and rising to the expectations for high-quality customer service, in addition to making moral decisions concerning my customers’ housing needs and respect for confidentiality.”

 

Whitley, along with thirty-three other real estate professionals, was a part of the sixth NEFAR class to earn this prestigious certification since the program began a year ago. The class is taught by Cynthia DeLuca, a well-known instructor from Orlando. 

 

“Providing quality real estate services is a top priority at Davidson Realty. I am so proud of Lynn for successfully completing the Gold Key Certification course for both her own knowledge and for her clients’ benefit. Lynn is an exceptional agent and we are so fortunate to have her on our team,” shares Davidson Realty President, Sherry Davidson. 

 

To learn more about the incredible accomplishments of the Davidson Realty agents, visit our team page.

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Seven Davidson Realty Agents Receive The Five Star Real Estate Agent Award

March 24, 2022

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Posted by in Agent Feature, Awards, News, Staff, Top Agents

Davidson Realty is proud of the team of excellent real estate professionals that are focused and united behind their mission of valuing people first above everything. The agents at Davidson Realty continuously strive to provide superior real estate services to their clients. That effort is often recognized and applauded by their clients and peers. 

 

Recently, seven Davidson Realty agents were honored with the Five Star Real Estate Agent award. What makes this award especially heartwarming is the fact that candidates are identified through evaluations completed by consumers. Davidson Realty is proud of Mirtha Barzaga, Jennifer Todd, Liz Pappaceno, Candy Gil, Suzy Evans, Reba Barkley, and Margherite Myers for receiving this well-deserved award. 

 

Recipients of the Five Star Real Estate Agent award must satisfy five objective eligibility and evaluation criteria that are associated with real estate agents who provide quality services to their clients. Annually, the award process is conducted in each market. Recent homebuyers are asked to assess real estate agents that they have worked with and evaluate them based on ten criteria. The recent homebuyers are able to evaluate up to two real estate agents in order to measure the experience with both the purchase and sale side of a move. 

 

“The Davidson Realty team goes above and beyond for our clients. We are overjoyed that the efforts of seven of our agents were recognized as they receive the Five Star Real Estate Agent award,” shares Davidson Realty President, Sherry Davidson. “At Davidson Realty, putting our clients first is always our top priority!”

 

To learn more about the incredible accomplishments of the Davidson Realty agents, visit our team page. 

 

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