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.

Pros and Cons: New Construction vs. Resale

July 2, 2021

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Owning a home is likely more difficult now than ever before. With the slim inventory of homes for sale, homes are FLYING off the market. From the rise in home prices to competitive bidding wars, homeowners have to wonder: is it worth just buying new construction?

 

“This question is tough to answer these days. The inventory is slim and prices have gone up on both sides. For most buyers, timeline is the key decision driver when choosing between new construction or an existing home,” shares Davidson Realty agent Shelley Nemethy.

 

 

Pros of Building New Construction 

  • Newness – When buying new construction, you’ll be the first to call this house HOME! Buyers buying new homes enjoy the peace of mind of having a warranty through the builder and fewer renovations.
  • Design – New construction homes also often feature more modern architecture and floorplans. You’ll find more open floor plans, additional bathrooms and spaces that can adapt to the needs of your family. New homes will leave you and your family only to make minor modifications, if any, to feel at home.

 

Cons of Building New Construction

  • Supply Shortages – Due to the Covid pandemic, many industries have experienced limited supply, delays, and labor restrictions. This has trickled down to impact home building as the cost of lumber, metal and other supplies have been affected by the pandemic. In turn, the decreased supply has increased cost which of course is passed along to the homebuyer.
  • Longer Timeline – With a new home build, homebuyers usually have to wait months to get into a new home. With the current shortage of supplies, there is an even greater risk of delays. Some homebuilders limit the number of lots available for sale in an effort to keep on schedule. “If you have time to build, you have more time to save money for closing costs,” shares Davidson Realty agent, Terri Apodaca.

 

Pros of Buying Resale

  • Shorter Timeline – When buying a resale, the closing day is often negotiated in the offer. Typically, new home owners gain possession in one to two months after their offer is accepted.
  • Character – Existing homes generally have more traditional layouts and features that elevate the home. These charming touches provide a unique dimension to an existing home.
  • Location – “Older homes are often in areas more convenient to metro areas and in more established neighborhoods with more development surrounding. Yards are typically more spacious with mature landscaping. Buyers also won’t have to worry about the congestion of construction taking place,” shares Apodaca.

 

Cons of Buying Resale

  • Competitive Market – With so few homes for sale, most homes are receiving multiple offers. Prospective home buyers have to be patient, persistent, and ready to make their best offer quickly to achieve their dream of owning a home.
  • Increasing Home Prices – As a side effect of the low supply and high demand for homes, home prices have skyrocketed making it harder to afford a home that would normally be in reach.
  • Home Improvements – Often buying a resale comes with a few compromises. Upgrades, remodels, and projects could be on your to do list after closing to make your new home the home of your dreams.

 

If you are interested in buying or selling in Northeast Florida, trust the real estate experts at Davidson Realty. Davidson Realty has more than 30 years of experience and has built strong relationships with many of Northeast Florida’s leading home builders. This advantage along with their extensive experience buying and selling resale homes, make them the perfect partners to help you navigate the real estate market. For more information, contact Davidson Realty at (904) 940-5000.

 

The Real Estate Market: How Long Will This Go On?

June 28, 2021

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The story of the real estate market has kept most real estate professionals and home buyers and sellers on the edge of their seats. With such unprecedented and unpredictable times, the biggest cliffhanger is: How long will the real estate market stay like this? 

 

There is no doubt that the real estate market has remained strong for longer than most predicted. “I believe the housing market could remain strong for a while longer. Currently, there is only a 1.1 months supply of homes available in our area. When a balanced market is between 5 to 6 months of inventory, it is clear that demand is still very strong for homes in Northeast Florida,” shares Sherry Davidson, President of Davidson Realty. Additionally, home builders have been building fewer new construction homes since the Great Recession which equates to 4 to 5.5 million fewer homes built, based on historical averages. 

 

As the market has continued to stay strong, more people are getting more “comfortable” with the current real estate market conditions. “Three different surveys indicate more sellers plan to put their homes on the market. This, coupled with homebuilders increasing the pace of new construction, will help increase the supply of homes for sale,” shares Davidson. “Interest rates may rise slightly which may slow demand. I predict we will see more normality in the real estate market by the end of this year or 2022,” Davidson continues. 

 

Because of the increased demand, home prices have been on the rise! “We have been seeing double-digit price increases during this time in the real estate market,” shares Davidson. The National Association of Realtors Chief Economist, Lawrence Yun, predicts we will see median existing-home sales prices increase more than 7% in 2021. 

 

With the increase in home prices, those who have taken advantage of this seller’s market are finding it difficult to buy a new home. While some secured a home prior to selling, many are seeking rental homes or staying with family to buy some time. “If you want to avoid the multiple offer situation and frantic pace of the market, we may see less craziness as we get more inventory. Regardless, now more than ever before you need a real estate professional to help you navigate the market,” shares Davidson. 

 

This time in the real estate market will likely be a period that will go down in history as a story full of twists and turns. If you or someone you know is interested in buying or selling their home, contact the Northeast Florida real estate experts at Davidson Realty today at (904) 940-5000. 

 

 

NORTHEAST FLORIDA BUILDERS ARE TRYING TO KEEP UP WITH THE DEMAND FOR NEW HOMES. HERE’S HOW SOME BUILDERS ARE MANAGING THE PROCESS.

June 23, 2021

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Persistence and patience are the name of the game in the current real estate market as every corner of the industry has been rattled by uncertainty as a side effect of the COVID-19 pandemic. 

 

“The Northeast Florida real estate market is as hot as many in our industry have ever seen,” shares Davidson Realty President, Sherry Davidson. “There are not enough homes on the market to satisfy buyer demand. Resale homes coming available are getting multiple offers usually within hours to a day and offers are mostly above list price. In May of this year, more than 41% of homes closed were over asking price,” Sherry continues. Even the new construction housing market has experienced challenges that are requiring home seekers to adapt. We’ve connected with some of the talented home builders in Northeast Florida to get an update on their current conditions. 

 

Riverside Homes

“Riverside Homes continues to see very strong demand and we have made a few changes to our process to ensure the very best quality homes and provide the great building experience the people expect from Riverside Homes. We limit the amount of sales in each of our communities so we can keep a smooth process for permitting and building our homes. We closely monitor increasing supply costs each month doing our best to offer the most competitive home pricing,” shares Riverside Homes Sales Manager, Jacki Matthews. Despite the building supply shortages plaguing builders across the country, Riverside Homes promises to maintain the integrity and quality of their homes. 

 

Ashley Homes

Ashley Homes experienced a surge in sales and are currently sold out in Silverleaf, and have been since February 2021. “During the pandemic, we had no limits on sales and sold everything that we had available. Ashley Homes includes escalation clauses in many of our contracts, as do other builders, to protect us and our buyers from unforeseen lumber and material increases. Our buyer may pay a modest increase just to cover the rising material costs, but Ashley Homes has no profit added, shares Ashley Homes’ very own Greg Souris. Ashley Homes is navigating the home building process with their buyers, many who have seen more than $40,000-$50,000 increase in their home value before their home construction even started. 

 

Providence Homes

“In E-Town we are not limiting pre-sales or inventory homes, however, some of our policies have changed on when we can release inventory homes for sales. In Nocatee, we are limiting the pace of sales so we can manage the construction process,” shares Brenda Harris, Sales Associate at Providence Homes. Build time is approximately eight months, but Providence Homes is asking for flexibility and understanding from customers as material shortages could cause delays. 

 

MasterCraft Builder Group

Brad Shee, MasterCraft Builder Group President, shared, “The shortage of materials began in March 2021 as suppliers burned through inventory. Based on the lumber futures chart, lumber prices should start dropping. Because of the shortages, MasterCraft Builder Group is limiting sales each month in TrailMark and Rivertown.” The demand for homes in Northeast Florida is unprecedented, but it’s no surprise as the attraction to the First Coast is clear from the ocean to the river to the affordable cost of living. 

 

With more than 30 years of experience, Davidson Realty has cultivated strong relationships with some of the area’s leading home builders in Northeast Florida. Davidson Realty Agents know the new constructions market in Northeast Florida and can help you find the perfect lot and design to fit your needs. “Our agents are constantly talking to builder site agents to stay current on which builders have inventory and how they are managing the sales process. This constant communication allows our agents to know if a sale falls through, what is available, and the timing and process of the homesites that will be released so our clients can take advantage,” shares Sherry Davidson. 

 

The real estate experts at Davidson Realty will be by your side throughout the construction process to ensure your expectations and vision comes to life! For more information on new construction homes in Northeast Florida, call Davidson Realty at (904) 940-5000.

Meet St. Johns County’s Newest Master-Planned Community – SilverLeaf

February 12, 2021

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If you drive around St. Johns County, you will see new businesses and developments popping up on every corner. And this growth has no plans of slowing down. St. Johns County is not going to stop growing any time soon. An upcoming jewel in the highly coveted area: SilverLeaf. SilverLeaf is a master-planned community that is family-friendly and features resort-style amenities with no CDD fees. “Our customers are drawn to SilverLeaf because of the location and convenience it provides as you can easily get to any destination from SilverLeaf. The community in St. Johns County is thriving and a wonderful place to call home,” shares Davidson Realty President, Sherry Davidson. SilverLeaf is zoned for 10,700 dwelling units, 2,650,000 square feet of mixed-use commercial space, and more than 3,500 acres of beautiful conservation land. Once complete, SilverLeaf will be one of the largest community development in Northeast Florida.

 

SilverLeaf will be home to several neighborhoods with homes for families and individuals with a size, price point, and style for everyone. SilverLeaf maintains the high standards of quality and detail that are a trademark of The Hutson Companies, well-respected developers of the community. The Hutson Companies bring more than forty years of development, construction, and community involvement to bring the vision of SilverLeaf to life. Each home in SilverLeaf will be expertly crafted to exceed expectations.

 

From the miles of walking and bike paths to the resort-style amenity center, this family-oriented community offers residents countless opportunities for activity and entertainment. However, the attraction to SilverLeaf doesn’t stop once you leave the community. St. Johns County is home to the #1 Public School District in the State of Florida with a one to eighteen educator to student ratio. It also doesn’t hurt that St. Johns County has the lowest property tax rate in the Northeast Florida Region and is ranked the healthiest county in Florida.

 

The builders in SilverLeaf are the best and brightest in Northeast Florida. Each builder brings unique character to their homes to ensure each home in SilverLeaf is distinctive.

 

Riverside Homes:

Award-winning homebuilder, Riverside Homes, is bringing its thoughtful floor plans and quality construction to SilverLeaf Village, one of the premier neighborhoods within SilverLeaf. Riverside Homes range from 1,570 square feet to more than 3,700 square feet on spacious 43′, 53’, and 63’ lots. With 18 plan options to choose from, there is a broad selection of home designs so you can find the perfect fit for your family. Home prices start in the $300s.

 

View an exclusive look at SilverLeaf’s ideal location (Part 1), amenity center (Part 2), and Riverside Homes model (Part 3) in our “Get to Know SilverLeaf” video series with Sherry Davidson and the owners of Riverside Homes, Matt Roberts, and Chris Wood.

 

MasterCraft Builder Group:

MasterCraft Builder Group is building semi-custom homes in SilverLeaf Village. Each home by MasterCraft Builder Group is thoughtfully designed and provide luxury features standard. Most of MasterCraft’s homesites offer preserve and lake views providing both privacy and serenity. MasterCraft Homes in SilverLeaf Village are starting in the $300,000s and will range from 1,480 to more than 3,980 square feet on 43’, 53’, and 63’ lots. 

 

Emerald Homes:

D.R. Horton is proud to bring Emerald Homes to SilverLeaf. Emerald Homes luxury homes will feature state of the art smart home technology for their one and two-story open concept home plans. Emerald Homes promises elegant exteriors and high-end features to deliver elevated design to your dream home. Homes will range from 1,646 to more than 2,896 square feet starting at $348,990. 

 

Dream Finders Homes:

Dream Finders Homes will offer both single-family homes and maintenance-free townhomes with a variety of designer features to customize your dream home to SilverLeaf neighborhoods, Holly Forest and Meadow Ridge. Homes in Holly Forest will feature 20’ and 24’ townhome lots and 53’ and 63’ single-family lots ranging from 1,250 to more than 3,000 square feet. The single-family homes in Meadow Ridge will place homes on 43’ and 53’ homesites. 

 

Ashley Homes:

With twenty-two floor plans to choose from, Ashley Homes is excited to bring their quality construction and unique floor plans to SilverLeaf. Ashley Homes provides the ability to customize your floor plan and feature to make your home your own. Standard features in Ashley Homes at SilverLeaf include gourmet kitchens and energy-efficient materials. 

 

With so many options to choose from and the current state of the real estate market, it is imperative to have a real estate agent help guide you through the new build process. “Davidson Realty agents work with builders continuously in various new construction communities. Our agents will get to know the needs of your family and will be able to suggest features and ideas you may not know about to ensure your family finds their perfect fit. The Davidson Team will help guide you through the process, help you negotiate with the builder to get the best pricing for your new home, and be your advocate if anything isn’t as you expected.”  The Davidson Realty Team is equipped with the knowledge of the area, market, and SilverLeaf community to help you successfully secure a new home for you and your family in SilverLeaf. Contact our office today at (904) 940-5000 to find your new home in SilverLeaf.

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