January did not bring the sales and closings numbers we were hoping for, but there was still a lot of great activity in Northeast Florida – particularly when it comes to new home construction! Our St. Augustine Realtors alone sold five homesites and six new construction homes in the month of January. It’s great to know new construction is happening again and there are new neighbors on the way!
The Top Lister of the month is Jennifer Todd with $385,000 in listings sold. Jennifer’s specialty is new home construction and evaluating vacant land, but selling five lots in the month of January is impressive even for her! All five of the homesites are in The Estates in the King & Bear – two were sold to a builder and three to individual buyers. Congratulations Jennifer!
The Top Sales Agent is Suzy Evans with over $350,000 in buyer sales. Suzy sold two new homes in January – one in World Golf Village’s premiere active adult community, The Cascades, and the other for KB Homes in Samara Lakes. You might remember Suzy from our last top’s blog on year-end awards. Suzy was our Top Sales Agent and Top Producer for all of 2011!
Our Top Producer for January is Jock Ochiltree with close to $700,000 in closings. Jock also sold a homesite in Waterbury in World Golf Village’s King & Bear and had a total of four closings in January! Jock is our resident golf expert and would be happy to share his expertise on Jacksonville golf course communities with you.
“Those who say it cannot be done should not interrupt the person doing it.” Chinese Proverb
I thought I would start 2012 by sharing my favorite quote and an optimistic attitude that we will continue to see stabilization and improvement in the real estate market. The main reason I predict continued improvement is the tightening of inventory.
The numbers are drastic enough to tell the story. At the end of 2010 there were 14,510 active properties for sale compared to 9,902 properties available at the end of 2011. That is a 32% decline in inventory. The “months supply of inventory” dropped from 10.6 months supply at the end of 2010 to 6.7 months supply at the end of 2011. A 5 to 6 months supply indicates a balanced market. The inventory declined the most (45%) in the under $150,000 price range but declined by 41% in the $500,000 to $999,999 price range.
A more practical example of the decline in inventory is how often my agents tell me stories about a customer liking a home and calling back a few days later to move forward with a purchase only to find out the home is under contract. (more…)
In December, Davidson Realty agent Maxine Levy took us on a video tour of Samara Lakes, a charming neighborhood a stone’s throw away from World Golf Village. Now, it’s time to take a look inside one of the gorgeous waterfront homes this community has to offer. Maxine not only sells Samara Lakes, she also lives there, so who better to show us around! (more…)
Davidson Realty is happy to welcome Eric Huey to our team of top producing Jacksonville and St. Augustine Realtors! Eric brings experience in financial services and as a mortgage broker to his new role in residential real estate. “Eric’s experience and his knowledge and love for North Florida will be keys to his success as a Davidson Realty agent,” said Davidson Realty President Sherry Davidson.
Prior to joining Davidson, Eric was a Director at Georgia MLS (Atlanta) and later added being a Licensed Mortgage Broker to his list of life experiences that have now led him to his new endeavor as a Licensed Realtor. His background also includes several years as an Automotive Finance Consultant to many area Credit Unions in the metroplex of Dallas.
Eric relocated to St. Augustine in 2002, and he and his family have been church members of Turning Point at Calvary in St. Augustine since October of 2006. His passions and hobbies include spending time with his family and friends at the beach, kickboxing and helping at church. Being a former High School, Collegiate and Semi-Pro football player, Eric’s a major fan of the sport and a die-hard supporter of the Dallas Cowboys and the Jacksonville Jaguars.
We had an incredible time eating, drinking and socializing around the world at this year’s awards banquet. From America to Germany, Italy to France, Japan and Asia, and back around to the Caribbean, we had a blast enjoying delicious authentic cuisine thanks to Chef Andre and Past Time Café & Catering, trying the local spirits of the region and even donning some fun accessories.
President of Davidson Realty Sherry Davidson started the evening with a reminder that our company goal written in 2005 still holds true in 2012 – “That the Davidson Companies are the best that we can be. We don’t want to be the biggest real estate company, but we aim to be the best in our geographic area in customer service. We want every person that calls our development or realty office to be treated with respect. We hope their experience with Davidson leaves them thinking we are professional, honest, caring and helpful. And we hope they refer someone they know to call Davidson!”
Then Sherry presented the 2011 awards! Thank you to Beverly Morse, Elsie Evans, Shirley Barber, Matt Davidson, Ted Tyndall, and Jock Ochiltree for their 5 years of service with the Davidson Companies. Mirtha Barzaga and Sharon King took home the “Values People First Awards” for always supporting, congratulating, problem solving, and motivating with a smile on their faces. (more…)
The Top Lister of the month is Jennifer Todd with $385,000 in listings sold. Jennifer’s specialty is new home construction and evaluating vacant land, but selling five lots in the month of January is impressive even for her! All five of the homesites are in The Estates in the King & Bear – two were sold to a builder and three to individual buyers. Congratulations Jennifer!
The Top Sales Agent is Suzy Evans with over $350,000 in buyer sales. Suzy sold two new homes in January – one in World Golf Village’s premiere active adult community, The Cascades, and the other for KB Homes in Samara Lakes. You might remember Suzy from our last top’s blog on year-end awards. Suzy was our Top Sales Agent and Top Producer for all of 2011!
Our Top Producer for January is Jock Ochiltree with close to $700,000 in closings. Jock also sold a homesite in Waterbury in World Golf Village’s King & Bear and had a total of four closings in January! Jock is our resident golf expert and would be happy to share his expertise on Jacksonville golf course communities with you.
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