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 all our Top Producers for October!

November 23, 2022

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In the spirit of giving with the holiday season quickly approaching, Davidson Realty wants to express our gratitude for all of our wonderful agents who work tirelessly to serve their customers and community in the ever-changing real estate market.  We especially want to recognize our top performers for October and share with you some of their most memorable experiences in real estate they are grateful for.  Read on as we acknowledge them for their achievements, and they share their heartfelt memories.

 

 

Our Top Producer for October with over $1.7 million in closings is Liz Pappaceno.

 

 

 

 

 

Liz – My most memorable experiences that I had in my real estate career is more than one with the same customers.  I met them when I was working rental in the Fall of 2014.  They were a British couple moving to Northeast Florida from North Carolina.  I was trying to find them a rental before they went back to North Carolina.  We found something on their last day here.  They applied for the property but did not have any way of getting the funds to the Property Management Company quickly for them to process the rental application.  I drove to the property management company’s office and paid the rental application fee in order for their application to be processed so they could secure the rental. 

 

They did pay me back in abundance.  The story continues.

 

 In 2017 I assisted them when they were ready to purchase their first home in the United States.  After showing them many homes, I showed them a house which was my listing (It was also my personal property).  During the Inspection process another home in the neighborhood came on the market which I thought was better suited for them.  They decided they liked the other house better.  I allowed them out of the contract and returned their escrow to them allowing them to buy the other home which they did.

 

They have referred me to many customers over the years but what I am most grateful for is their friendship.  If it was not for my real estate business, I would have never met them.  I am truly grateful for them and for all the other friends I now have if it was not for my real estate career.

I am truly blessed.

 

 

 

 

Our Top Producing and Top Sales Team for October is The Nemethy Group with Shelley and Tim Nemethy.

 

 

 

Read more

Northeast Florida Real Estate Market Update

November 22, 2022

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“Reflect upon your present blessings—of which every man has many—not on your past misfortunes, of which all men have some.” —Charles Dickens

Thanksgiving is my favorite holiday; I love to reflect upon my blessings.

 

The Northeast Florida Association of Realtors (NEFAR) market stats for October continue to show the median sales price stabilizing. Since April, the median price has gone slightly above or below $350,000 each month and ended at $355,000 for October.

 

NAR Chief Economist Lawrence Yun recently spoke at the NAR conference and said “For most parts of the country, home price are holding steady since available inventory is extremely low. Some places are experiencing price gains, while some places, most notably in California, are seeing prices pull back.”

 

Yun mentioned the difference between current market conditions and the Great Recession. “Housing inventory is about a quarter of what it was in 2008. Distressed property sales are almost non-existent, at just 2%, and nowhere near the 30% mark seen during the housing crash. Short sales are almost impossible because of the significant price appreciation of the last two years.”

 

There were 2,344 closed sales in October which is down 27.1% from last year but an increase of 11% from September when Hurricane Ian had some impact. Pending Sales of 1,968 were almost the same as September when we had 2,029 pending sales.

 

Active inventory is at 7,237 properties which is up 18.2% from the 6,125 properties in September. We now have 3.1 months supply of inventory compared to 2.9 months in September. Five to six months of inventory is a balanced market.

 

Lawrence Yun expects home sales to decline by 7% in 2023 with the national median home price increasing by 1%, with some markets experiencing price gains and others price declines.

 

The prices are stabilizing, the closings and pending sales are down, inventory is up but still below pre-pandemic norms. It appears that buyers are continuing to buy homes just not at the frenetic pace we have seen for the last two years.

 

Wishing you and your family a wonderful Thanksgiving holiday!

Introducing the Newest Division of Davidson Property Management: Estate Services

November 16, 2022

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Your home is likely one of the most expensive assets that you own, so naturally caring for your home is a top priority. That care and attention is even more essential when you and your family are away from home. Whether you are embarking on an extended vacation or a snowbird, you need a trusted name to ensure your home is properly well-maintained. The new Davidson Estate Services division was created to provide peace of mind for homeowners. For more than thirty years, the Davidson Companies have established a reputation in Northeast Florida that emulates trust and respect.

 

When you and your family are away, trust Davidson Estate Services to keep an eye on your home and those servicing it. Monthly and Pay-per-Visit options provide homeowners with tailored services to meet their needs. The Monthly Service is perfect for snowbirds or second homeowners. This service provides a weekly home visit. Each weekly visit will include a visual review and at that time all faucets will be run, all toilets will be flushed, and a report with photos of any trouble areas along with photos of any repairs will be delivered to the homeowner. On a monthly basis, the dishwasher and washing machine will be run and HVAC filters will be changed. Miscellaneous tasks such as watering plants and lawn or checking the mail can also be provided. The Pay-per-Visit service is ideal for vacationers. Homeowners will pay for each visit to the home to complete needed tasks. Davidson Estate Services also provides hourly services to assist homeowners with coordinating painters, contractors, and other general service providers to provide access to the property and oversight of the project.

 

“Your home is your safe haven and ensuring it’s properly maintained while you are away is the top priority of the Davidson Estate Services division. We will be the “boots on the ground” to make sure everything in your home is working properly and any maintenance services done to your home are completed correctly. Unfortunately, the quality of service is nearly impossible to assess when you are away. Davidson Estate Services will provide a trusted eye to ensure services are done to your satisfaction,” shares Sam Davidson, Davidson Companies Vice President of Special Operations. “Our goal is to care for your home. Davidson Estate Services is committed to keeping the homes of our Northeast Florida neighbors in pristine condition so you and your family can come home knowing there won’t be any unexpected surprises.”

 

From buying and selling your home to keeping your property in tip-top shape while you are away, trust the Northeast Florida experts at Davidson. Learn more about our new Estate Services division by calling (904) 484-2170.

Servant Leaders: The Hutson Companies Support Davidson Cares Clay Day

November 15, 2022

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The Hutson Companies has been a major sponsor for Davidson Cares Clay Day from the beginning. In 2018, The Hutson Companies committed to matching up to $40,000 as an additional contribution to St. Augustine Youth Services (SAYS), one of the local organizations that benefit from Davidson Cares Clay Day. More than $52,000 was raised that year and the incredible efforts by SAYS to assist at-risk youth were further supported thanks to The Hutson Companies.

 

The partnership between Davidson Realty and The Hutson Companies spans many years. From helping The Hutson Companies sell farmland in Elkton and Hastings to, most recently, commercial land in OakLeaf Plantation, the respect and trust between Davidson Realty and The Huston Companies has formed a thriving friendship.

 

“David and Nancy Hutson are extremely generous and support numerous local charities. They give from the heart and fly under the radar to avoid recognition, but their contributions to the Northeast Florida community are staggering,” shares Davidson Realty President, Sherry Davidson. “David Hutson is a true real estate visionary. He has built homes and developed stunning communities for many years. His work is exceptional and the team at Davidson is proud to call him an industry partner.”

 

The Hutson Companies is known for developing family-friendly communities while being both environmentally and financially conscious. Since 1973, The Hutson Companies has developed dozens of residential communities in Northeast Florida to total more than 20,000 home sites. The Hutson Companies is presently developing projects in Clay, Duval, and St. Johns Counties. 

 

“Davidson Cares Clay Day provides an incredible opportunity for The Hutson Companies to both give back to the community and spend time together outside of the office. We admire the planning of the event. Every year the Davidson family manages to create a relaxed, enjoyable environment for the participants without ever losing sight of why we are there: to help those in need. Clay Day is an event we look forward to all year for both the friendly competition and the opportunity to associate with our industry partner,” shares Cody Hutson of The Hutson Companies. 

 

Davidson Cares Clay Day is proud to have the support and sponsorship from The Hutson Companies as they continue to do incredible work in Northeast Florida. To learn more about The Hutson Companies visit their website at www.hutsoncompanies.com or call (904) 429-9965.

 

Davidson Cares Clay Day

The 7th Annual Davidson Cares Clay Day was held on October 20, 2022, 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 a raffle contest. Prizes included a 65-quart YETI cooler with 13 full-size liquors and a 12-Gauge Beretta A400 XCEL Sporting shotgun.

 

Money raised from the event and raffles went directly to Builders Care, St. Augustine Youth Services (SAYS), Investing in Kids (INK!), Port in the Storm Homeless Youth Center, and Hope is Restored.

Helping Hands: Providence Homes Supports Davidson Cares Clay Day

November 11, 2022

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For the past seven 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 admire the generosity of the Providence Homes family. They do so much for the community. They are active supporters of Homes for Hope as well as several other worthy causes,” 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 has 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. Davidson Realty is honored to have the support of  Providence Homes as they continue to make a difference in the Northeast Florida community. 

 

“Providence Homes is proud to have been a sponsor for Davidson Cares Clay Day for the past seven years. Each year, the event and money raised continues to grow and the impact the benefiting nonprofits selected. This year, we were very excited Davidson Cares added two new phenomenal organizations to the list of recipients; Port in the Storm and Hope is Restored!,” shares Providence Homes President and COO, Sean Junker, “Additionally, we are extremely honored and humbled to have had a St. Johns County student’s college sponsorship donated in Providence Homes’ name through the Investing in Kids’ (INK!) Take Stock in Children program for our support of Davidson Cares since their incorporation in 2012. We are looking forward to attending the student’s graduation and seeing them accept their scholarship on behalf of Davidson Cares and Providence Homes!  We look forward to a continued relationship supporting Davidson Cares and helping to give back locally.”

 

Over the past seven years, Davidson Cares Clay Day has raised more than $330,000 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 7th Annual Davidson Cares Clay Day was held on October 20, 2022, 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 a raffle contest. Prizes included a 65-quart YETI cooler with 13 full-size liquors and a 12-Gauge Beretta A400 XCEL Sporting shotgun.

 

Money raised from the event and raffles went directly to Builders Care, St. Augustine Youth Services (SAYS), Investing in Kids (INK!), Port in the Storm Homeless Youth Center, and Hope is Restored.

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