Author: Sherry Davidson
President of Davidson Realty

Since launching Davidson Realty in 1989, Sherry Davidson has built the firm to include nearly 60 agents and exceed $100 million in annual sales. She is known throughout the First Coast as an authority on all things residential real estate, having served on the Board of Directors for Northeast Florida Association of Realtors, Florida Realtors® (a division of the National Association of Realtors), and Builders Care (charitable arm of Northeast Florida Builders Association).

Thanks to Sherry’s leadership, Davidson Realty has been recognized as one of the state’s Best Companies to Work For (Florida Trend Magazine), as well as one of the region's Best Places to Work and 50 Fastest Growing Companies (Jacksonville Business Journal). Get to know Davidson Realty’s talented team of agents by clicking here or call us at (904) 940-5000.

CONGRATULATIONS TO OUR TOP PRODUCERS IN DECEMBER & THE 4th QUARTER!

January 15, 2022

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Happy New Year! I hope 2022 will be your best year ever.

 

I want to congratulate our Top Producers for December and the 4th quarter of 2021.

 

The Top Producer (closings) for December and the Top Producer and Top Sales Agent for the 4th quarter is Suzy Evans. Suzy had $7.5 million in closings and $8.5 million in sales for the quarter. Suzy has numerous designations and is always trying to learn more about real estate and technology to help her customers.

 

 

 

The Top Sales Agent for December and the Top Listing Agent for the 4th quarter is Mirtha Barzaga. Mirtha helped 7 families sell their homes in the 4th quarter and had $5 million in sales for buyers and sellers. Mirtha also hosted her annual customer appreciation party and organized three food and toy drives in different neighborhoods.

 

 

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A Promise to Serve – Providence Homes Supports Davidson Cares Clay Day

January 14, 2022

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For the past six years, Providence Homes has generously supported Davidson Cares Clay Day with the highest level of sponsorship. The Davidson Companies have a long history with Providence Homes as they were a preferred builder in several neighborhoods in World Golf Village as early as 2000. “I love the generous hearts at Providence Homes! They do so much for the community. In the past, they have built a “Home from the Heart” benefiting Builders Care and they are currently building their seventh Homes for Hope project in Kettering at eTown,” shares Sherry Davidson, President of Davidson Realty. “We have so much respect for Providence Homes and how they treat their employees and customers.”

 

Providence Homes is an award-winning home builder based right here in Jacksonville with a promise to provide a superior home building experience from start to finish. As one of Jacksonville’s only 100% ENERGY STAR® certified home builders, Providence Homes is committed to building each home with the same attention to detail as they would with their own.  Since becoming an ENERGY STAR® partner, Providence Homes has built more than 1,800 ENERGY STAR® homes which have helped Jacksonville families save more than $5 million in energy bills. With nearly thirty years of experience, Providence Homes has not only made a tremendous impact on the local community, but has helped others internationally through Homes for Hope, Hope International, and New Story. Providence Homes is currently 80% complete on a community of 131 homes in El Salvador.  Davidson Realty is honored to have the support of  Providence Homes as they continue to make a difference in the Northeast Florida community. 

 

“We are very proud to have helped Davidson Cares achieve their goal of $75,000 this year for three incredible local charities. This is the sixth year we have been a major sponsor in the Clay Day shoot and we continue to give back to help prioritize the needs right here in our own backyard. I can’t say enough about the work that Builders Care, St. Augustine Youth Services (SAYS), and Investing in Kids (INK!) is doing for those in need in Jacksonville and St. Augustine. We are grateful to Davidson Cares for organizing this event each year,” shares Sean Junker, President and COO Providence Homes.

 

Over the past five years, Davidson Cares Clay Day has raised more than $340,000 to support charities in need because of generous sponsors like Providence Homes. To learn more about Providence Homes visit their website at www.providencehomesinc.com or call (904) 447-0724.

 

Davidson Cares Clay Day

 

The 6th Annual Davidson Cares Clay Day was held on October 21, 2021, 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 participated.  

 

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

 

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

 

Please help us support these organizations that are so important to our community by visiting DavidsonCares.com.

Selling Across Northeast Florida

January 12, 2022

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Since 1989, Davidson Realty has established itself as one of the leading real estate brokerages in Northeast Florida. Davidson Realty attributes much of their success to their value of people above everything else. With more than forty dedicated agents, Davidson Realty has served thousands of clients across Northeast Florida and is grateful to have had the opportunity to service the entire First Coast in 2021.

 

“Looking back 2021 was a crazy year,” shares Mirtha Barzaga, Davidson Realty Top Producing Agent. “The fact that the market was hot didn’t mean more sales and less work. On the contrary, the lack of inventory and the inflated prices drove a lot of buyers into remission.” With a market that proved to be competitive, Davidson Realty ensured their clients received TOP dollar for homes across Northeast Florida.

 

World Golf Village

945 Registry Boulevard Unit #302, St. Augustine, Florida 32092

With the help of Mirtha Barzaga, this beautiful, well-maintained, furnished unit in King & Bear sold for $232,000. Its lovely views and cozy balcony captivated home seekers. The extensive community amenities were the cherry on top to help this listing sell quickly. 

 

220 Presidents Cup Way Unit #204, St. Augustine, Florida 32092

In the heart of World Golf Village, you will find this upgraded and updated condo in The Legends. There was a lot to love about this home from the glass-enclosed lanai to the custom closets throughout. Lynn Whitley was the listing agent for this home which sold for more than $240,000. 

 

250 Holland Drive, St. Augustine, Florida 32095

This five-bedroom, four-bathroom home went through more than five weeks of improvements before going on the market. The hard work paid off when it sold in a flash for Rebecca Schaffer and her California-based clients. 

 

Ponte Vedra Beach 

695 A1A North Unit #117, Ponte Vedra Beach, Florida 32082

After being on the market for only NINE days, this move-in-ready Ponte Vedra Beach condo in The Fountains sold for $5,000 over list price thanks to listing agent Suzy Evans. Being just steps from the beach and near the large amenity center certainly helped attract attention to this property. 

 

Northside

319 Northside Drive South, Jacksonville, Florida 32218

Behind the gates of Pine Lakes, you’ll find this spacious, open floorplan home that sold in only EIGHT days and for $7,000 over list price. Yana Austin and her clients piqued prospective buyers’ interest with the property’s three-car garage, close proximity to the amenity center, and low HOA fees. 

 

Middleburg

2985 Chase Ridge Drive, Middleburg, Florida 32068

Listed by Shelley and Tim Nemethy, this brick beauty in Middleburg sold for $351,500 in October. This meticulously maintained cul-de-sac home had captivating features including an updated kitchen, thoughtful layout, and enormous fenced backyard.  

 

Palm Coast 

500 Canopy Walk Lane Unit #535, Palm Coast Florida, 32137

Overlooking the Intracoastal Waterway you’ll find this three-bedroom, two-bathroom end unit that provides stunning panoramic sunrise views. This window-lined unit draws in plenty of natural sunlight making it the perfect place to relax. Listing agent Mirtha Barzaga helped her clients sell this property for $440,000. 

 

Mandarin

12160 Chaseborough Way, Jacksonville, Florida 32258

In just THREE days this beautifully renovated pool home in Greenland Chase SOLD for more than $12,000 over list price – thanks to listing agents Shelley and Tim Nemethy! Positioned on a cul-de-sac and complete with stunning white cabinetry and granite, this three-bedroom, three-bathroom home quickly received multiple offers.

 

Intracoastal West

13176 Wexford Hollow Road North, Jacksonville, Florida 32224

Nestled between the 11th and 12th Jacksonville Golf and Country Club golf green, you’ll find this stunning executive estate. With more than $250,000 recently spent on renovations, this six-bedroom and four-bathroom, received multiple attractive offers. Caitlyn Hawkins was the listing agent that secured the sale of this home. 

 

Agents like Barzaga had to be extremely efficient and creative in this very competitive market. “I had a client this year from California who was looking for an investment property. I was able to write the contract remotely, complete their inspections, closed the transaction by mail, and put the property on the rental market for them – all this without them coming to Florida,” said Barzaga. “2021 was an interesting year in real estate, every day brought new challenges that the Davidson Realty team worked to overcome together.”

 

From Middleburg to Palm Coast and everywhere in between, Davidson Realty has the real estate experts to help you buy or sell your home with ease in 2022. There is no question Davidson Realty is equipped to serve you. Call the Davidson Realty team today at (904) 940-5000. 

HELPING THE COMMUNITY IS JUST PART OF THE DAVIDSON CULTURE

December 17, 2021

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At Davidson Realty, our team of professional and knowledgeable real estate agents is built to serve. Not only are we here for you and your real estate needs, but we’re also here for our community. Since being established locally in 1989, we have done our best to create a culture focused on serving all of Jacksonville and St. Augustine, which is reflected by our team.

 

In fact, as Christmas approaches, many of our team members are actively working with various food and toy drives in order to ensure that everyone in the community can have a happy holiday season. For Jennifer Todd, one of our veteran realtors, spreading Christmas cheer has been a passion for years. This year she collaborated with others in her neighborhood to provide a variety of groceries, toys, and gift cards to three different organizations: Toys for Tots, SAYS, and the Beam Food Bank. Now, after successfully donating almost three carloads worth of supplies, Jennifer is already looking forward to assisting with next year’s holiday drives.

 

Like Jennifer, Candy Gil has supported Toys for Tots throughout her 9 years as a Davidson realtor. Candy has also channeled her passion for helping children into a charity called Foster Closet. Sadly, some children in unhealthy environments may be taken from their families with nothing but the clothes on their back, but fortunately, Foster Closet steps in to help those children receive what they’re missing. By supporting this charity, Candy and other patrons help about 40-50 First Coast families and children every month.

 

Another Davidson veteran, Mirtha Barzaga, shares this same passion for helping the less fortunate. In addition to helping with food and toy drives, Mirtha has worked closely with Homeless Coalition, a charity for providing clothes, food, and other supplies for the homeless. For Mirtha, this passion for giving back resonates with her on a personal level. After traveling to America from Cuba as a young girl, Mirtha arrived with very few possessions, forcing her to search for clothes, toys, and even food. Now, Mirtha manages to pay it forward and help people, like her and her family, get back on their feet.

 

Similarly, one of our other realtors, Liz Pappaceno enjoys spending her time giving back to organizations that have helped her over the years. For instance, not only does she volunteer as a reader for the Early Learning Coalition in St. Johns County, but she also regularly donates to the First Coast YMCA. Since Liz has used the YMCA facilities for years, providing donations allows her to give back to a place that she feels has given so much to her, which in turn helps the many families and children supported by the YMCA.

 

This feeling of giving back to the community is a sentiment shared by all of our team members, especially Caitlyn Hawkins. Whether it’s paddleboarding or fishing, Caitlyn enjoys everything about the endless activities across the Florida waterways, and that’s why she wants to help preserve them. Through participating in clean-up events held by NEFAR and even starting her own Instagram account, @saltwatersifter, Caitlyn has worked diligently to help our local marine life and make sure our Sunshine State keeps on shining. In addition to her environmental efforts, Caitlyn and her family, like many of our Davidson team members, love to donate food, clothes, toys, and other supplies to less fortunate homes, truly exemplifying the giving culture we try to cultivate at Davidson.

 

Our agents Mirtha Barzaga, Reba Barkley, Candy Gil, Liz Pappaceno, Ron Savarese, and Jennifer Todd organized and supported a variety of food and toy drives making this holiday season a bit brighter for hundreds of children and families in our community.

 

“As you can see, we are extremely proud of our team and their different philanthropic endeavors,” said Sherry Davidson, Owner and Broker of Davidson Realty, “Ultimately, we at Davidson Realty are forever grateful for the many years of support from the community, and as a team, we hope to show our appreciation by continuing to give back and help our community grow into an even better place to live.”

Northeast Florida Real Estate Market Update

December 16, 2021

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“God goes to those who have time to hear him—and so on this cloudless night he went to simple shepherds.” Max Lucado

 

 

At this holiday season, the Northeast Florida real estate market is still looking bright. The Northeast Florida Association of Realtors (NEFAR) market statistics show continued price increases and decreasing availability of homes.

 

The median sales price in November 2021 is $325,000 for all property types in all 6 counties. This is a 23.6% increase year over year and 4.8% higher than October 2021. In St. Johns County the median price is $450,000 for a 26.8% increase year over year. All predictions I have seen are for price increases to slow to single-digit increases next year.

 

There are 3,915 properties available in November 2021 which is down 31.4% year over year and down 14.7% from last month. There is 1.3 months supply of inventory which is down 33.9% year over year and 7.2% from last month. A balanced market is 5 to 6 months of supply.

 

Of the closings in November, 28.8% closed over list price. This number peaked at 40.6% of properties in July and has been dropping, but there was a slight increase from 28.3% last month.

 

There are many opinions on mortgage interest rates since the Federal Reserve announced Wednesday they will be shrinking their monthly bond purchases at twice the rate previously announced and forecasting to raise interest rates three times next year.

 

Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors said, “When inflation rises, lenders ask for higher interest rates as compensation for the decrease in purchasing power. Thus, if inflation remains elevated for a longer period, that will drive up mortgage rates.” She expects rates to rise to 3.5% next year. I have seen others predict 3.6% to 3.7%.

 

The supply of homes is expected to increase slightly in 2022; however, the demand should remain strong. More than 45 million millennials will be prime homebuying age, between 26 and 35, entering 2022 plus downsizing baby boomers and Generation Z buyers. We will have to see what effect rising mortgage rates has on demand.

 

For now, inventory remains low, demand is high and prices keep creeping higher. Please let us know if there is anything real estate-related we can help you with.

 

Happy Holidays and New Year! Thank you so much for your support and referrals during 2021.

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