Jacksonville Real Estate Trends in March – Home Prices & New Listings Are Up

April 25, 2018

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“One thing I can say about George… he may not be able to keep a job, but he’s not boring.” Barbara Bush

Barbara Bush was a great lady who had a great perspective on life and I will miss her.

The Northeast Florida Association of Realtors market stats for March 2018 continue to show strong buyer demand and the inventory of available homes remains tight with a 3.3 months supply. A balanced market is 5 to 6 months of supply.

This continues to cause the significant rise in prices. The median sales price is $224,118 which is up 15% over last March and 14% year to date. The average sales price of $269,415 is up 11% over last March and 12% year to date.

The builders are trying to meet the demand. The Northeast Florida Builders Association reports 1,519 building permits issued in the four county MSA in January and February 2018 compared to 1,289 for the same period last year reflecting a 17.8% increase.

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4-Point Insurance Inspection Can Identify Home Issues Early

April 24, 2018

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Posted by in News

Like any qualifying event we use to successfully conclude a transaction, there is always the risk of an unexpected surprise that throws a wrench into the works. The 4-point insurance qualifying inspection (roof, HVAC, electrical and plumbing) is no different. It’s all in how you approach it.

So, what are some of the best ways to have this 4-point inspection work in your favor?

  1. Don’t make the mistake of thinking the 4-point inspection is just a summary version of the whole house inspection. Not even close. Items that may fly through the entire house inspection could disqualify in the 4-point inspection.
  2. Most carriers require a 4-point inspection for homes 30 years or older. Having that knowledge, avoid the stress of a late surprise by getting the 4-point inspection completed early in the buying process.
  3. If you’re the home seller, consider your own 4-point inspection before you list. Now you have a leg up on potential buyer demands. You can also get repairs completed before they become an issue.
  4. If you’re the buyer, the 4-point inspection can be used to repair or replace unacceptable items such as electric panel boxes, plumbing material or older items deserving replacement.

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Amanda Adams transitions from healthcare to real estate at Davidson Realty

April 18, 2018

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We are happy to welcome Amanda Adams to the Davidson Realty sales team! Amanda has a background in nursing and sales.

“Throughout her career Amanda has focused on helping people, a trait that she brings to her role as a Realtor,” said Sherry Davidson, President of Davidson Realty. “We are happy to have Amanda on our team.”

A Northeast Florida native, Amanda graduated from the University of North Florida with a nursing degree. She worked at Baptist Medical Center and Mayo Clinic before moving into medical device sales.

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Six Davidson Realty agents honored among top 3% of local Realtors

April 17, 2018

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Posted by in Awards, News

We are pleased to congratulate six of our fantastic agents who were named as 2018 Five Star Professionals! The honors were announced by  Jacksonville Magazine and research firm Five Star Professional. Those agents include the following:

  • Mirtha Barzaga ended 2017 with more than $11 million in production, Davidson’s highest. She is a Nocatee Certified Agent, Certified Distressed Property Expert and Certified Negotiation Expert. Mirtha is also a recent recipient of two Laurel Awards.
  • Suzy Evans finished the year with $7 million in production. She is a Nocatee Certified Agent, Certified Distressed Property Expert, Certified Negotiation Expert and Certified Residential Specialist.
  • Marguerite Myers completed 2017 with $5.5 million in production.
  • Ron Savarese finished 2017 with $3.5 million in production. He is a Certified Military Housing Specialist.
  • Michelle Gonzalez had $3 million in 2017 production. She is Nocatee Certified Agent and Certified Distressed Property Expert.
  • Lynn Whitley brought in more than $2.5 million in production in 2017. Lynn boasts numerous designations including Nocatee Certified Agent, Certified Distressed Property Expert, Certified Negotiation Expert, Military Relocation Professional and Accredited Staging Professional.

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Tim Nemethy teams up with Shelley Nemethy at Davidson Realty

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We are pleased to announce that we recently welcomed Tim Nemethy to our growing sales team! Tim joins wife and agent Shelley Nemethy, who has been a Davidson agent since 2013, to form The Nemethy Group.

“Tim and Shelley make a superb team,” said Sherry Davidson, President of Davidson Realty. “Each has their own talents and skills, and together, they are a real asset to their customers.”

Tim earned a degree in management information systems from the University of Central Florida. He spent years in business development and sales roles, all of which provided the opportunity to hone his skills in providing solutions to customers. Tim is eager to translate his expertise to help real estate customers throughout Northeast Florida. Read more

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