Davidson Realty, Inc.

2018 Down Payment Assistance Program

April 12, 2018

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Posted by in News

I’m Troy Silhan, Production Manager at Bank of England Mortgage and this is my very first blog post. Today I wanted to talk to you about our new Down-Payment Assistance program called the BOE100. The difference I’ve found with people buying and not buying is being able to get a down-payment together. This is our way to help make a difference to those in that situation. Here’s a few other reasons why I like this program:

  1. You don’t have to be a first time homebuyer. Unlike the FL Bond you could actually even own a home currently and still use this program to purchase a new place.
  2. Unlike the Bond $7,500 program, this is forgiven after 36 months. The bond has to be paid back.
  3. The Debt to Income Ratio is also much higher than compared to the FL. Bond and USDA. For USDA you have a max DTI of 41%, while for Bond it’s 45%. Using the BOE100 it goes up to 55% for the Debt to Income. Allows someone to find more home with their monthly income and monthly debts.

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Congrats to our Top Realtors for March & the 1st Quarter of 2018!

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Posted by in News

Congratulations to our top agents for March and the 1stquarter!

Mirtha Barzaga is our top producer, top lister and top sales agent for March. Mirtha had an amazing month with 9 closings in March.

Mirtha also took all three honors for the 1stquarter. Mirtha knows all the new communities and sells a lot of new construction.

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Davidson agent Mirtha Barzaga hosts Cuban themed bash for customers and business partners

April 6, 2018

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Posted by in Agent Feature, News

Top producing agent Mirtha Barzaga hosted her annual appreciation party for customers, colleagues and business partners on Saturday, February 24, at the King & Bear clubhouse in World Golf Village. This year’s celebration theme was Havana Nights, which hit close to home for Mirtha, who spent her early childhood in Cuba. Read more

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Jacksonville named #1 real estate investment city in U.S.

March 27, 2018

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Posted by in News

Jacksonville was recently dubbed as the best city for real estate investing in 2018. The ranking was determined by home improvement company Renoviso, which based its list primarily on two important factors: affordability and growth.

Specifically, a city’s affordability can be found using the area’s median home price and number of high-paying jobs available. A city’s growth is based on population increases and job market. Other factors considered in the ranking included rate of return on investment (capitalization rate) and potential supply and demand of rentals. Read more

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Jacksonville Real Estate Trends in February – Home Prices & New Listings Are Up

March 26, 2018

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Posted by in News

“My home is in Heaven. I’m just traveling through this world.” Billy Graham
It is hard to be sad at Billy Graham’s passing because he is finally home. He has inspired us for many years and I will miss him.
I wanted to share my thoughts on the local real estate market and the new tax law related to the housing industry.
The Northeast Florida Association of Realtors market stats for February show a very similar trend to last year. January and February historically are less active for contracts and closings with our market heating up in the spring.
Pending sales were up slightly (0.1%) from 2,356 last February to 2,358 this year. Closed sales were down 4.3% from 1,857 last February to 1,778 this year. Read more

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