Davidson Realty, Inc.

The Winning Team – Davidson Realty 2020 Awards

February 19, 2021

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Posted by in Awards, Community Involvement, News, Staff, Top Agents

2020. The year of adapting to the unknown. A global pandemic, millions of jobs lost, and a volatile economy, did not stop the real estate market from being swarmed by millions of Americans hoping to take advantage of the positive market trends and record-setting numbers.

 

The Davidson Realty Team powered through the uncertainty, the “social distancing”, and changing market trends to deliver quality real estate services to their clients. “Our team at Davidson Realty continued to stay connected to our customers during the crazy Covid year we had”, shared Davidson Realty President, Sherry Davidson. Agents gracefully navigated 2020 as they were presented with multiple offer situations due to the competitive nature of the market. Along with the excellent real estate service the Davidson Realty Team was providing, they continued to serve the Northeast Florida community, when they perhaps needed it the most. “Our team organized and participated in food and toy drives, Davidson Cares Clay Day, and Deck The Chairs. The passion our team has for serving others is inspiring. With all that our team faced in 2020, I am proud that the Davidson Realty team has matched the 2019 closing volume of $100,000,000 and exceeded 2019 sales volume by 16%,” continues Sherry. With such an exceptional year for the Davidson Realty team, it is only right that their best and brightest are recognized for their accomplishments in service and performance. The success of this team is made in part by the incredible leadership team at Davidson Realty, notably Sherry Davidson and Davidson Realty Sales and Training Manager, Andrea Gallagher.

 

Last month, Davidson Realty President Sherry Davidson was named the 2020 Northeast Florida Association of Realtors (NEFAR) Circle of Honor award winner for her exceptional service and contributions to the real estate community both locally and statewide. Sherry has served NEFAR in various capacities including on its Board of Directors. She has also served on the Board of Directors for Builders Care, a charitable arm of the Northeast Florida Builders Association (NEFBA). Throughout her 30-year career in real estate, Sherry has supported real estate agent education and promoted the importance of the real estate industry’s involvement in the community. Sherry truly has led by example as she has supported various causes in Northeast Florida including NEFAR Fights Hunger and Davidson Cares Clay Day. Known throughout the First Coast as an industry leader and an authority in residential real estate, the Davidson Realty Team continues to flourish under her mentorship.

 

 

Terri Apodaca

Davidson Property Management – 2020 Most Rentals

Davidson Property Management – 2020 Most Properties Referred

5 Years of Service 

3 Million Dollars Closed

3 Million Dollars Sold

 

 

Reba Barkley

Davidson Property Management – 2020 Rookie of the Year

 

 

 

 

 

Bonnie Cherhoniak 

5 Years Service

 

 

 

 

 

Lori Burton

5 Years Service

 

 

 

Pam Lareau

5 Years Service

 

 

 

 

Kirsten Lightfoot

5 Years Service

 

 

 

 

Matt Davidson

20 Years Service

 

 

 

 

 

Delilah Salameh

2020 Sales Rookie of the Year

 

 

 

 

 

Candy Gil

3 Million Dollars Sold

 

 

 

 

 

Liz Pappaceno

3 Million Dollars Closed

3.5 Million Dollars Sold

 

 

 

 

 

Jennifer Todd

3 Million Dollars Closed

3.5 Million Dollars Sold

 

 

 

 

Caitlyn Hawkins

3 Million Dollars Closed

3 Million Dollars Sold

 

 

 

 

Margherite Myers

3 Million Dollars Closed

3.5 Million Dollars Sold

 

 

 

Lynn Whitley

4 Million Dollars Closed

4 Million Dollars Sold

 

 

 

 

Ron Savarese

4 Million Dollars Closed

4 Million Dollars Sold

 

 

 

 

Steve Rodriguez

4 Million Dollars Closed

3.5 Million Dollars Sold

 

 

Tammy Peacock

4 Million Dollars Closed

4 Million Dollars Sold

 

 

 

The Braddock Group – Michael Braddock & Sarah Poehler

3.5 Million Dollars Closed

4 Million Dollars Sold

 

 

 

 

Suzy Evans

11 Million Dollars Closed

11 Million Dollars Sold

 

 

 

Shelley & Tim Nemethy

16 Million Dollars Closed

18 Million Dollars Sold

 

 

 

 

Mirtha Barzaga

17 Million Dollars Closed

17 Million Dollars Sold

2020 Closing Agent of the Year

2020 Sales Agent of the Year

2020 Listing Agent of the Year

 

 

Sam Davidson

2020 President’s Award

 

 

 

The Davidson Realty Team is proud of all the hard work and dedication displayed in 2020 and strives to have an even more successful 2021. These achievements would not be possible without the trust and loyalty of the Davidson Realty clients. Thank you for trusting us as your real estate experts. If you are interested in experiencing the Davidson Realty difference, contact us at (904) 940-5000.

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Real Estate Market Update

February 16, 2021

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Posted by in News, Northeast Florida Market Trends

“Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful.” John Wooden

 

The Northeast Florida Association of Realtors market stats for January 2021 confirms what we are seeing in the market every day. The Inventory of Homes for Sale is 4,296 homes, down 51.6% from last January when there were 8,876. We have 1.4 months supply of inventory which is down 57.6% from 3.3 months last January. These numbers are staggering. The available inventory is lower than in the crazy period of 2004 and 2005.

 

It is the perfect storm if you are considering selling your home. When a new listing comes available buyers are offering list price with escalation clauses to pay more. Some buyers are removing appraisal and inspection contingencies to get their offer accepted. It is a very competitive market and you need expert advice to manage the process.

 

Buyer demand is strong as evidenced by 2,970 pending sales in January up 17.9% from last January. Closed sales of 2,210 is up 11.2%. With strong buyer demand and lower than normal inventory, prices continue to increase. The median sales price in January is $256,995 up 10.8% over last January. The average price is $319,811 up 16.0%.

 

National Association of Homebuilders (NAHB) Chief Economist, Dr. Robert Dietz and Florida Realtors Chief Economist, Dr. Brad O’Connor spoke at a recent Florida Realtors event and shared some interesting insights. Dr. Dietz said Florida had strong growth in new construction with 2020 building permits up “an incredible 30% year-over-year.”

 

The NAHB chief economist said he tracked data to look at the often-cited “shift to the suburbs” for housing in the latter part of 2020 due to COVID-19. He found that large metro areas with high density in the urban core still experienced a year-over-year growth rate of about 5.7% in 3Q 2020, but the lower-density, lower-cost suburbs out from the cities reported a growth rate of about 15%. Dietz also looked further out from Florida’s urban cores at communities known for second homes, investment homes or retirement. He said those areas reported a year-over-year growth rate of about 23.2% in 3Q 2020.

 

Dr. O’Connor explained that buyer wealth and available inventory matter more than density. “So, I would hypothesize that’s why you’re seeing a suburban shift in new home sales. And, why you’re seeing an overall greater surge in sales of upper-priced and luxury homes in Florida is that these kinds of homes are more freely available, and because many of the folks who are able to afford these kinds of properties also tend to be those who will be most able to work from home going forward.”

 

The northeast Florida housing market remains strong. It will be interesting to see what happens in the spring which is typically our strongest season. Enjoy the great spring weather and all the sports that are resuming. Thank you for your continued support and please let us know if we can help you with any real estate needs

 

 

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CONGRATULATIONS TO OUR TOP PRODUCERS FOR JANUARY 2021

February 8, 2021

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Posted by in Agent Feature, Top Agents

Buyer demand in January is still very strong. We had over $9 million in sales for the month. I would like to recognize our Top Performers for the month.

 

Lynn Whitley is our Top Producer (most closings) for January. Lynn is a true professional who is always improving herself with training. She is a Broker Associate and has earned many designations to serve her customers better. She gives the same level of care to less expensive transactions as she does to the luxury properties. Her customers rave about her service.

 

 

The Top Overall Sales and Top Lister is Mirtha Barzaga. Mirtha sold 4 of her listings in January and her overall sales volume was $2.6 Million for the month. Mirtha was just awarded Top Sales, Listings and Production (closings) for 2020. She is always one of our Tops.

 

 

Read more

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QUALITY SUPPORT – LANDMARK TITLE SUPPORTS DAVIDSON CARES CLAY DAY

February 1, 2021

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Posted by in Community Involvement, Events, News

Since 2016, Landmark Title has been a gracious and generous sponsor of Davidson Cares Clay Day at the highest level. The relationship between Landmark Title and Davidson Realty dates back to the recession in 2009 when David Heekin, President and Founder of Landmark Title, was a vital resource in real estate short sales for Davidson Realty clients. During that time, David Heekin served on panels and provided training to help educate others in the real estate industry on short sale transactions. This partnership only continued to grow. In 2013, when William Li joined Landmark Title as a Vice President, Landmark Title rented executive suites in the Davidson Realty office due to their expanding business. William would often join Davidson Realty sales meetings, conduct contract training sessions, and serve as a valuable resource to Davidson Realty agents. 

 

“I admire the way Landmark Title has evolved over the years and has grown into a very large and successful Title Company. We are fortunate that Landmark Title has closed many Davidson Realty transactions over the years,” shares Sherry Davidson, President of Davidson Realty. “David Heekin, William Li, and their team are a lot of fun and work extremely hard. They provide many educational opportunities for Realtors © and generously give back to the real estate industry and community.”

 

In addition to the quality service they provide their clients, Landmark Title is dedicated to providing affordable and quality housing to those in need of a low-cost mortgage through The Landmark Foundation. The Landmark Foundation’s Home Initiative project rehabilitates homes in Northeast Florida and gives financing options to qualified buyers as well as provide education and support for these buyers as they navigate homeownership. With the help of local industry professionals and volunteers, The Landmark Foundation hopes to restore four to six homes to like-new condition in 2021. 

 

Davidson Cares Clay Day is proud to have the support and sponsorship from Landmark Title as they continue to support local charities. To learn more about Landmark Title, visit their website at www.landmarktitle.com or call (904) 998-9733.

 

 

Davidson Cares Clay Day

 

The 5th Annual Davidson Cares Clay Day was held on October 29, 2020 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 were invited to participate and enjoy a safe shooting experience with no group gatherings. 

 

In association with the event, there was also a raffle contest. Prizes included a 65-quart YETI cooler with 13 full-size liquors.

 

The $40,500 raised from the event and raffles went directly to Builders Care, St. Augustine Youth Services (SAYS), and Investing in Kids (INK!) in equal sums.

 

Visit DavidsonCares.com to learn more about these organizations and donate to support their causes.

 

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Real Estate Market Update

January 21, 2021

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Posted by in News, Northeast Florida Market Trends

“Have enough courage to start and enough heart to finish.” – Jessica N. S. Yourko

 


This quote seems like a wonderful way to begin a new year that looks to be a wild ride. All predictions are for continued strong demand for homes in the northeast Florida area and nationwide.

 

I have huge respect for Dr. Lawrence Yun, NAR’s Chief Economist. At a recent event co-presented by RISMedia and the National Association of Realtors (NAR), Dr. Yun indicated that the momentum from the second half of 2020 will continue into 2021. His predictions for the new year are interest rates at historic low levels, increased job creation due to the stimulus package recently passing and vaccines being widely distributed, improved unemployment rate, and more housing inventory.

 

He also expects the following:

– Strong home sales momentum, with sales up roughly 8 to 12 percent in 2021 vs. 2020

– Home prices rising more moderately, about 4 percent nationwide

 

The demand for homes in our area remains strong, but the supply of homes continues to decrease. There were 4,549 homes available for sale in December 2020 down 46.9% from the 8,569 available in December 2019 according to the Northeast Florida Association of Realtors market stats.

 

There is 1.5 months supply of homes for sale in our area down 53.1% from last December’s 3.2 months of supply. A balanced market is 5 to 6 months of supply. If you are buying or selling a home, you need guidance from a professional. We are seeing crazy things happening in this market on both sides of the transaction.

 

– Pending sales of 2,685 were up 25.7% December over December and up 12.9% year over year.

– Closed sales of 3,187 were up 15.2% December over December and up 8.2% year over year.

– Median sales price of $267,000 is up 11.3% December over December and 9.0% year over year.

– Average sales price of $331,242 is up 14.6% December over December and 11.8% year over year.

 

New home construction has increased and will help with the supply of homes, but builders are facing challenges also. From a blog posted today on the National Association of Homebuilders site, “Rising material costs led by a huge upsurge in lumber prices, along with a resurgence of the coronavirus across much of the nation, pushed builder confidence in the market for newly-built single-family homes down three points to 83 in January, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. Despite the drop, builder sentiment remains at a strong level.” Any number over 50 indicates that more builders view conditions as good than poor.

 

Thank you for all the support of Davidson Realty and Davidson Property Management. If we can assist you with any of your real estate needs, please let us know.

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