Davidson Realty, Inc.

What’s the best time to refinance? Use this simple rule of thumb

June 24, 2019

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Posted by in News, Northeast Florida Market Trends

As mortgage professionals, we are often asked about refinancing, especially at times like these when interest rates are historically low.

 

In addition, every time you turn on your television or go online, you are bombarded with advertising encouraging you to refinance now! But when should you consider refinancing?

 

In a normal interest rate environment and in Florida, the “rule of thumb” is that if you can reduce your rate by 2%, and plan to stay in your home for more than 2 years, you will begin to realize some actual savings. The math is simple:

 

On a 30-year fixed rate loan of $200,000 at a 6% interest rate,your payment (principal + interest) would be $1,199.10.

If you secure a new rate of 4% on the loan, your payment would go down to $954.83. That is a payment reduction of $244.27 a month.

Over 24 months, that’s a net savings of $5,862.48!

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400 Families in 2019: Meet The Lay Family

May 3, 2019

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Posted by in Agent Feature, News

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Davidson Networking Spotlight: Colby Caltrider of Back in Motion, Injury & Wellness Center

February 7, 2019

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Posted by in Events, News

Since launching our networking events, Davidson Realty has facilitated networking opportunities for hundreds of First Coast professionals. From artists and retailers to lenders and accountants, our networking get-togethers are the perfect way to branch out and spread the word on your products or services—and have fun!

 

We are pleased to feature one of our frequent attendees, Dr. Colby Caltrider. Colby launched his clinic Back in Motion, Injury & Wellness Center last year off County Road 210 and is excited to serve the St. Johns community.

 

A true local, Colby graduated from Fletcher High School and the University of North Florida. He then earned a B.S. and Doctor of Chiropractic from the renowned Palmer College. Colby later earned certifications in Physiotherapy, Trigger Point Therapy (N.I.M.M.O), and advanced certification from Motion Palpation Institute.

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Davidson Realty features affordable St. Johns County homes for first-time buyers

January 31, 2019

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Posted by in Neighborhoods, News, Northeast Florida Market Trends, Ponte Vedra

 

 

According to a recent story in the St. Augustine Record, millennial buyers are having a tough time finding homes in St. Johns County due to price. As reported, Northeast Florida Association of Realtors (NEFAR) “puts the median sales price in 2018 at $325,000” for the county.

 

This leaves many homes out of reach for some younger buyers looking to put down roots in St. Johns County. With superb schools, close proximity to Jacksonville and high quality of life, St. Johns County continues to top lists of great places to live.

 

While millennials (those born between 1980 and 1995) may feel priced out of the market, there are lots of hidden gems throughout the county that are perfect starter homes for first-time buyers.

 

Here are 20 great St. Johns County home options $230,000 and below, all located in the county’s most sought-after zip codes including 32084, 32095, 32092 and 32082.

 

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10 Don’ts- When Financing a Home Purchase

September 14, 2018

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Posted by in News

The real estate market in northeast Florida is on fire and there are more buyers out looking for properties than there are homes for them to buy. If you are currently in the market or thinking about buying, It is important to position yourself to be a great looking buyer on paper to any seller. Once you have the contract to buy a home, here are some tips of things NO BUYER SHOULD EVER (EVER) Do!

 

 

 

10 Don’ts- when financing a home purchase.

These are the things that No Buyer should ever do when buying a home.

 

1.)    Spend the funds marked for closing or Borrow money to do so.

2.)    Change your employment/ income situation. Basically, do not quit or change your job.

3.)    Deposit large amounts of cash into your bank account.

4.)    Don’t move money from multiple accounts without talking to your Bank of England loan originator.

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