Davidson welcomes photographer and Realtor Neely Benson

August 10, 2018

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We recently welcomed long-time St. Augustinian Neely Benson to our team of real estate agents! Neely is known throughout the First Coast for her photography.

 

“Neely is the consummate professional and people person—both important qualities in a Realtor. She knows Northeast Florida very well, which is really helpful to her customers,” said Sherry Davidson, President of Davidson Realty.

 

A Florida native, Neely has lived in St. Augustine for 26 years where she has worked as a professional photographer and bartender. Neely developed a passion for real estate after buying her home in 2013. She now looks forward to using her local knowledge to help her customers through the real estate process.

 

Neely works out of our headquarters in World Golf Village.

 

Welcome to the team, Neely!

 

 

Jacksonville Real Estate Trends in June – Have you ever wondered if you can use funds in your IRA to buy a home?

July 27, 2018

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An article in USA TODAY by Matthew Frankel gives a good and simple answer. “First-time homebuyers can take out as much as $10,000 from their traditional IRA penalty-free, although it will still count as taxable income. And if your spouse also has a traditional IRA, they can take out $10,000 as well.

 

Furthermore, the homebuyer doesn’t necessarily have to be you. You can use the money to help your child, grandchild or parent buy a home as well. The IRS has a liberal definition of what a “first-time” homebuyer is. Basically, you must not have owned a principal residence within the last two years.” A Roth IRA can be used also, but the rules are slightly different.

 

Our local real estate market is still looking strong in the Northeast Florida Association of Realtors market stats for June. There were 3,868 new listings in June, an increase of 13.4% from last June and 8.1% year to date, which is very positive since the homes available for sale have been very low.

 

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Congrats to our Top Realtors for June & Second Quarter of 2018!

July 9, 2018

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June was sizzling and our best month this year with over $13 million in closings. I want to recognize our top performing agents for the month and quarter.

 

All three top awards for closings, listings and sales, go to Suzy Evans for the month. Suzy had $1.2 million in closings and $1 million in sales. Congratulations!

 

 

Our top producing team for closings and sales is The Nemethy Group. Shelley and Tim had a great month. They also are the top producers and sales for the 2nd quarter.

 

 

Our Jacksonville Beach office is coming on strong with Margherite Myers as our top producer and Steve Rodriguez as top sales.

 

 

The 2nd quarter was very good with $36 million in closings.

 

Mirtha Barzaga continued her amazing year by achieving all three top awards for the quarter, top producer, listings and sales with $3.2 million in closings and $3.4 million in sales.

 

Jennifer Todd was our Jacksonville Beach office top producer with $3.1 million in closings and top sales for the quarter.

 

 

Thanks to our entire team for an awesome month and quarter!

Shannon Rodriguez shifts from nursing to real estate at Davidson Realty

July 3, 2018

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Shannon Rodriguez has joined our talented team of agents! She has a background in nursing and offers expertise in military relocations.

 

“Shannon has a practiced dedication to helping people that is the foundation of real estate sales,” said Sherry Davidson, President of Davidson Realty. “We are happy to welcome her to the team.”

 

Shannon worked as a nurse prior to pursuing a career in real estate. As a military spouse, she gained extensive know-how in buying, selling and relocating having lived in Japan and multiple locations around the U.S. Shannon and her family settled in St. Augustine and she now helps other families navigate the real estate process.

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Jacksonville Real Estate Trends in May – An increase in new listings which is very good news!

June 26, 2018

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The Northeast Florida Association of Realtors market stats for May show an increase in new listings which is very good news. There were 3,797 new listings in May which is up 9% over last May and we are up by 7% year to date.

 

Even with the increase in new listings, the inventory of homes for sale is down 9% from last May to 8,398 properties. There are 3.4 months of supply of inventory which is down 13% from last May. A balanced market is 5 to 6 months of inventory. The shortage of homes for sale is most acute in the price ranges under $300,000.

 

There is plenty of buyer demand. There were 2,996 contracts written in May which is an 11% increase over last May. Pending sales are up 6% year to date.

 

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