Davidson Realty, Inc.

Committed to Community – Riverside Homes Supports Davidson Cares Clay Day

October 27, 2021

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Posted by in Community Involvement, Events, News

Six years ago, Davidson Realty President, Sherry Davidson aspired to organize a clay shoot to raise money for local, worthy organizations. “As we began planning, I knew I needed sponsors. My first call was to Chris Wood, co-owner of Riverside Homes,” shares Davidson. “Chris immediately agreed to the largest sponsorship and Riverside Homes has continued that same support every year.”

 

“We are so proud to sponsor Davidson Cares Clay Day. When we find an organization with such a heart for children, we are honored to be able to lend support,” shares Matt Roberts, co-owner of Riverside Homes.   

 

The Davidson Realty and Riverside Homes teams have a longstanding relationship built on mutual respect. The frequent collaboration and partnership spans from business to philanthropy and is bonded by a common desire to serve the Northeast Florida community. In fact, Erik Wilson of Riverside Homes is a member of the Davidson Cares Board and brings his insight and extremely caring spirit to the board of directors. 

 

Our Davidson Realty team loves to work with Riverside Homes. “It is such a pleasure to help customers purchase from a builder we know will deliver an outstanding home. Working with a local builder that is involved in the community and treats everyone with respect gives our agents and customers peace of mind,” continues Davidson. 

 

Riverside Homes is a locally-owned and award-winning home builder in Jacksonville, Florida with over 15 years of new home building experience including the 2019 Southern Living Idea House in Amelia Island, FL. Riverside Homes builds in amazing neighborhoods and provides designs that fit the way today’s families live. Every component of a Riverside Home is carefully crafted to ensure quality and value. Riverside Homes is currently building in St. Augustine, Ponte Vedra, Amelia Island, Fernandina Beach, St. Johns, Yulee, and Fleming Island.

 

“Riverside Homes is an extremely generous organization supporting the Northeast Florida Homebuilders Association (NEFBA), Builders Cares, and ReThreaded,” continues Davidson. “I know they support many other great charities and events in our community.  Matt Roberts and Chris Wood are always seeking opportunities to spread their philanthropic hearts.” 

 

Over the past six years, Davidson Cares Clay Day has raised more than $345,000 to support charities in need because of generous sponsors like Riverside Homes. To learn more about Riverside Homes visit their website at www.myriversidehome.com or call 904-530-4720.

 

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 participate.  

In association with the event, there was also a raffle contest. Prizes include 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 will go 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.

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Real Estate Market Update

October 19, 2021

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Posted by in News

“In playing ball, and in life, a person occasionally gets the opportunity to do something great. When that time comes, only two things matter: being prepared to seize the moment and having the courage to take your best swing.” – Hank Aaron

 

A lot of wisdom from Hank Aaron. I hope you are enjoying watching the MLB playoffs.

 

The Northeast Florida Association of Realtors market stats for September show similar trends to the last few months. Prices are still rising at double-digit rates, with plenty of buyer demand, and a small supply of homes available.

 

The median sales price in September is $307,230 setting a record. This price is $7,000 more than August and $50,000 more than January 2021. This is an increase of 19.7% over last September.

 

The average sales price in September is $370,751 which is up 16.9% over last September. Numbers don’t always tell the human impact. We are seeing so many buyers on the sidelines right now because the homes they would like to buy between $300,000 and $400,000 are very difficult to find and get an offer accepted.

 

Our local buyers are competing with the strong influx of out-of-town buyers who consider our local area home prices more affordable compared to their previous market. The buyers wanting to use VA or FHA financing are also struggling because most sellers prefer cash or a conventional loan.

 

Affordability has impacted pending sales which were 3,201 in September, down 5.1% from last September, but up 10.9% year-to-date. Also, closings of 2,945 down 12.5% from last September, but up 12.9% year-to-date.

 

We are still seeing multiple offers, with 35.5% of homes selling over list price but that is down from 44.3% in July and 40.6% in August. Homes are still selling quickly with days on market at 30 days down 51.6% from last September when it was 62 days.

 

The market has calmed a little and possibly more buyers that have been sidelined will be able to find the home they want. I am very optimistic about the Northeast Florida real estate market. It is a great time to sell. Please let us know if we can assist you in any way.

 

Thanks for all the support of Davidson Cares Clay Day! We sold out for the first time ever.

 

A group of Davidson Realty agents are participating in the Walk to End Alzheimer’s on Saturday, November 6th at UNF. My mother and so many others suffered from this horrible disease. We would love to have you join us!

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CONGRATULATIONS TO OUR TOP PRODUCERS IN SEPTEMBER & THE THIRD QUARTER!

October 13, 2021

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Posted by in Uncategorized

The real estate market is still very active but a little less crazy than a few months ago. It is a great time to list your home with many buyers looking for a home.

 

We had a great September with over $10 Million in closings and over $17 Million in sales.

 

The Top Producer for September and the 3rd quarter is Mirtha Barzaga. Mirtha is also the Top Sales Agent and Top Lister for the quarter. Mirtha closed and sold over $5 Million for the quarter. With all of her awards, Mirtha is very focused on each customer’s needs. Most of her business is generated from referrals from all of her satisfied customers.

 

 

 

The Top Sales Agent for September is Reba Barkley with $1.9 Million in sales for the month. Reba provides extra responsive service and care to each customer. Her background as an educator for 25 years honed her skills of listening, assessing and meeting her customers needs and they love working with her.

 

 

 

Read more

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Three Businesses Coming Soon to Northeast Florida

October 5, 2021

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Posted by in News, Restaurants, Restaurants

The First Coast is constantly welcoming new businesses of every variety. With a guarantee for a hot and interesting restaurant or business to experience in the area, Northeast Florida is a wonderful place to live. “Businesses that come to the First Coast are greeted with open arms by the thriving community. With so many heavy traffic commercial areas and a bustling calendar of events in the area, there is no shortage of opportunity for businesses to flourish,” shares Davidson Realty President, Sherry Davidson. We’re sharing a few new businesses to put on your radar as they gear up to call Northeast Florida home. 

 

Tru by Hilton

A new hotel is coming to South Jacksonville! Tru by Hilton will be coming to the Bowden area near Southpoint. The city issued a permit in early September 2021 to build the four-story, 45,000-square-foot hotel that will cost more than $6 million. This new location joins two other Tru by Hilton properties in the area. 

 

The Sugar Factory

Have you heard? The self-proclaimed sweetest place on Earth is getting ready to call Jacksonville home. Markets at Town Center will be welcoming a new occupant to the former Brio Tuscan Grille property: Las Vegas-based Sugar Factory American Brasserie. The Sugar Factory, which was founded in 2009, operates fifteen locations in the United States and four overseas. The location in the Town Center will be the chain’s fourth location in Florida. The Sugar Factory is known for over-the-top sundaes, cocktails, and milkshakes while also offering a variety of savory pasta, steak, and burger dishes. 

 

Dolly Llama Waffle Master 

Another sweet business is coming to Northeast Florida! The Dolly Llama Waffle Master will likely be coming to Ponte Vedra Beach in 2022. The shop’s handcrafted waffle cones are filled with ice cream and can be customized with a variety of tasty toppings. This will be the first Dolly Llama location in Florida. The concept debuted in 2017 in Los Angeles. Menu favorites include the Cinnalover signature shake, Dolly’s Dream signature waffle, and Snow Storm ice cream. 

 

With Northeast Florida being such an attractive area for businesses, there is no shortage of new shops to explore.

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Real Estate Market Update

September 22, 2021

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Posted by in News

“Fear does not stop death. It stops life. And worrying does not take away tomorrow’s troubles. It takes away today’s peace.” Unknown

It is easy to agree with the truth of this quote, but much harder to live it.

 

The Northeast Florida Association of Realtors market stats for August continue to show rising prices, continued high buyer demand, and low inventories of available homes. The most recent trend we are seeing is double-digit rent increases.

 

“Put simply, August trends suggest rents are making up for lost time. Rents remained low during some of the worst months of the pandemic, growing at a sub-2% pace from September 2020 to March 2021, which is also when for-sale home prices were growing by double-digits,” said Realtor.com Chief Economist Danielle Hale.

 

Many buyers are unable to find a suitable home to purchase and have been forced into the rental market. According to Apartment List, rents in Jacksonville have risen 19.7% since August 2020, and 4.4% since July 2021.

 

There were 3,787 new listings in August, up 5.7% from last August and 6.7% year-to-date. The builders are also adding more homes. Industry sources predict an 11% to 12% increase in housing starts for 2021 or about 1.55 million units. That would be up from 1.38 million housing starts in 2020, which was a 7% increase over 2019. (Business Journal article) Builders are still being delayed by materials like windows and appliances and labor shortages.

 

The good news for buyers is that the frenzy of competitiveness of the spring market has cooled a bit. Some sellers are still pricing their homes very high, but many buyers are no longer willing to pay the prices they were during the spring and the homes are sitting or the sellers are reducing the price. While 41.0% of homes sold over list price, that is down from 44.8% in July.

 

There were 3,424 pending sales down 2.0% from last August, but up 12.4% year-to-date. Closed sales of 3,200 were down 3.1% from last August, but up 15.6% year-to-date.

 

The median sales price of $300,000 is up around 14% month-over-month and year-to-date. The average sales price of $362,699 is up 14.2% month-over-month and 17.7% year-to-date.

 

There are 4,651 homes available for sale which is down 37.2% from last August and we have 1.4 months of supply available. Five to six months is a balanced market.

 

While we are seeing more homes come available, the buyer demand remains very strong. We should continue to see prices increase, multiple offers, and increased rental rates.

 

Please come join us on October 21st for our major fundraiser, Davidson Cares Clay Day. We support Builders Care, St. Augustine Youth Services, and Investing in Kids. Go to DavidsonCares.com and register or buy a raffle ticket for one of our great prizes.

 

We appreciate your support and referrals. Please let us know if we can assist you in any way.

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