September 21, 2015

Jacksonville Real Estate Trends in August – New Construction Sales Shine!

“It’s impossible,” said pride.
“It’s risky,” said experience.
“It’s pointless,” said reason.
“Give it a try,” whispered the heart.

This thought process is how many great things are accomplished. Because of the solid growth we are seeing in the northeast Florida real estate market and my love for the beach, my heart has whispered and Davidson Realty is growing to a new location on Beach Boulevard next to Taco Lu and Engine 15 in Jacksonville Beach. We are very excited to be able to serve our customers better with the expansion of both Davidson Realty and Davidson Property Management to the beaches area. (more…)

August 21, 2014

July Real Estate Trends – Local Market Shines Against National Market

“Too many of us are not living our dreams because we are living our fears.” -Les Brown

There is still a lot of fear and uncertainty about the economy and the national real estate market. The real estate trends have been more positive locally. The Northeast Florida Association of Realtors July market stats continues to show pending sales increasing, inventory of homes for sale decreasing and median and average sales prices increasing. All very positive. (more…)

July 25, 2014

June Real Estate Trends – Pending Sales are Approaching Historical Peak Activity

Sometimes the questions are complicated and the answers are simple.” ― Dr. Seuss

If you are like me, you are drawn to read every article you come across on the subject of the real estate market. Most of these articles generate more questions than answers due to the inconsistency in their conclusions. For example, in the last week I have read (reliable sources!) that new home sales are up to the highest level in 6 years and the real estate recovery is sputtering. Much of the reported news reflects the market where the reporter resides. Additionally, while the national trends are important as an overall indicator, it is our own local trends that are critical to the planning process. (more…)

May 21, 2014

Jacksonville Market Trends for April 2014: All-cash Sales up While Distressed Sales and Investors Decline

The more you praise and celebrate your life, the more there is in life to celebrate” Oprah Winfrey

May has been full of celebration. Davidson Development celebrated our 25th anniversary May 1, 2014 and Jim and I celebrated our 34th wedding anniversary on May 9th. We have been blessed.

You may have seen the recent headlines “All-cash sales up while distressed sales and investors decline”. Lawrence Yun, the National Association of Realtors chief economist offered a terrific explanation. “Florida is the most popular state for international buyers, who generally pay cash, as well as vacation-home buyers who frequently pay cash. In addition, downsizing retirees are known to pay cash from the proceeds of their homes in the north.” (more…)

April 25, 2014

Jacksonville Real Estate Trends for March 2014 – Pending Sales up 11% Over Last Year!

The strength of the team is each individual member. The strength of each member is the team.” ― Phil Jackson

This quote is true in sports and in business. Our team has shown so much strength lately. It is unusual in our industry to find a team that supports each other to make sure the customer is taken care of no matter what.

In reviewing the Northeast Florida Association of Realtors market stats this month, I want to focus on pending sales, closings and inventory. There were 2,333 contracts written in March which is 15% more than last March. The last time we had that many pending sales was for a period of 3 months in 2005 which was at the very peak of the market. The first quarter pending sales are up 11% over the first quarter last year. (more…)

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