Davidson Realty, Inc.

Meet Isle of Palms’ New Custom Home Community – The Cove

April 21, 2021

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Posted by in Featured Listings, Featured Neighborhood, Neighborhoods, News

Interested in waterfront living in a secluded community, yet in a convenient location? Look no further than The Cove at Isle of Palms, a private, gated community off San Pablo and Stacey Road in Jacksonville, Florida with eight homesites located along the Intracoastal Waterway. Enjoy coastal living at its finest with luxury custom homes starting at 2,800 square feet and $1.3 million. From the stunning Coastal style architecture to the community dock and private boat slips, The Cove is the perfect place to embrace outdoor living. 

 

Coastal living will truly come to life in every way at The Cove. Homes will be styled with metal roofs, light color palette exteriors, and elevated outdoor living spaces that allow for a seamless transition from indoor to outdoor living. Residents will be just steps from the Intracoastal Waterway where serenity will travel from the water to your backdoor. 

 

While enjoying a small, intimate community, homeowners will have the added perk of living in one of the most convenient locations in the city of Jacksonville. The Cove is located one mile from Mayo Clinic, four miles from the beaches, nine miles from St. Johns Town Center, and only twenty-six miles from Jacksonville International Airport. The area immediately surrounding The Cove has everything you need from your choice of grocery store and restaurants to gyms and parks. “The Cove will set the perfect scene for the ‘last-of-its-kind’ custom home community in Isle of Palms. This community will be a beautiful addition to the area. Davidson Realty is excited to be a part of the process and proud that our agent, Suzy Evans, will represent Davidson Realty with her homesite listing in The Cove.” shares Davidson Realty President, Sherry Davidson. 

 

Collins Builders will be the construction talent behind this stunning new community. “Collins Builders has been involved in The Cove project since the early stages of development. No one knows the property better than we do. Our reputation in the area and our white glove service combined with an organized and timely home building process will provide a custom home building experience that is second to none,” shares Chief Operating Officer of Collins Builders, Tim Calderala. For more than two decades, Collins Builders has built quality custom homes in Northeast Florida. At Collins Builders providing an exceptional customer experience is their goal. The design team at Collins Builders uses the latest technology to ensure clients are confident and comfortable during the custom home building process. “Our dynamic in-house architecture team uses virtual renderings to bring the space of your dreams to life. Collins Builders is honored to help residents of The Cove build their dream home,” continues Calderala. 

 

With only eight homesites and limited opportunities to build on the Intracoastal Waterway, the time is NOW to make The Cove your home. Whether you are a boat enthusiast or desire luxury coastal living, The Cove is ready to welcome you home. For more information and to schedule a tour of The Cove, contact Suzy Evans at (904) 347-5447 or evans@suzysells.com. 

 

https://my.flexmls.com/suzysells/search/shared_links/4oARp/listings/20210330205905658178000000

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Davidson Realty Welcomes New Agent Bonnie Weinstein

March 8, 2021

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Posted by in Agent Feature, News, Staff

Bonnie Weinstein knows all about making dreams come true. Growing up in Northeast Pennsylvania, Bonnie always dreamed of moving to Florida. Six years ago, she made her dream a reality by making Northeast Florida her new home. Now, Bonnie has joined the Davidson Realty team and is ready to help her clients’ dreams come true, too! 

 

Bonnie comes to Davidson Realty with an extensive background in both business and real estate. Her knowledge of the market, perseverance, and customer service skills make her a true joy to work with. “I believe my clients appreciate my flexibility, low-pressure sales, patience, and ability to hear what they want,” shares Bonnie. 

 

“Davidson Realty is very excited to have Bonnie on our team. Bonnie is a knowledgeable resource to her customers and truly takes the time to understand their needs. Bonnie is professional and we are proud to have her represent the Davidson Realty brand,” shares Andrea Gallagher, Davidson Realty Sales and Training Manager.

 

“Choosing Davidson Realty was easy. They have the same values and work ethic that I follow. Davidson Realty always puts people and relationships first. The support they provide is unparalleled which allows agents to fully focus on our clients and their needs. I’m so grateful to be part of a team that has a caring heart,” shares Bonnie. Bonnie is a Nocatee Certified Agent and looks forward to helping clients “love where they live” with Davidson Realty. 

 

When Bonnie isn’t helping her clients find their dream home, you can find her enjoying the beautiful beaches in Northeast Florida.  Bonnie, who recently celebrated her 25th wedding anniversary, loves spending time with her family, especially her two daughters and Shih Tzu named Hamilton. 

 

If you are ready to make your real estate dreams a reality, call Bonnie Weinstein at (570) 690-4432 or email her at bweinstein@davidsonrealtyinc.com.

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Real Estate Market Update

January 21, 2021

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Posted by in News

“Have enough courage to start and enough heart to finish.” – Jessica N. S. Yourko

 


This quote seems like a wonderful way to begin a new year that looks to be a wild ride. All predictions are for continued strong demand for homes in the northeast Florida area and nationwide.

 

I have huge respect for Dr. Lawrence Yun, NAR’s Chief Economist. At a recent event co-presented by RISMedia and the National Association of Realtors (NAR), Dr. Yun indicated that the momentum from the second half of 2020 will continue into 2021. His predictions for the new year are interest rates at historic low levels, increased job creation due to the stimulus package recently passing and vaccines being widely distributed, improved unemployment rate, and more housing inventory.

 

He also expects the following:

– Strong home sales momentum, with sales up roughly 8 to 12 percent in 2021 vs. 2020

– Home prices rising more moderately, about 4 percent nationwide

 

The demand for homes in our area remains strong, but the supply of homes continues to decrease. There were 4,549 homes available for sale in December 2020 down 46.9% from the 8,569 available in December 2019 according to the Northeast Florida Association of Realtors market stats.

 

There is 1.5 months supply of homes for sale in our area down 53.1% from last December’s 3.2 months of supply. A balanced market is 5 to 6 months of supply. If you are buying or selling a home, you need guidance from a professional. We are seeing crazy things happening in this market on both sides of the transaction.

 

– Pending sales of 2,685 were up 25.7% December over December and up 12.9% year over year.

– Closed sales of 3,187 were up 15.2% December over December and up 8.2% year over year.

– Median sales price of $267,000 is up 11.3% December over December and 9.0% year over year.

– Average sales price of $331,242 is up 14.6% December over December and 11.8% year over year.

 

New home construction has increased and will help with the supply of homes, but builders are facing challenges also. From a blog posted today on the National Association of Homebuilders site, “Rising material costs led by a huge upsurge in lumber prices, along with a resurgence of the coronavirus across much of the nation, pushed builder confidence in the market for newly-built single-family homes down three points to 83 in January, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. Despite the drop, builder sentiment remains at a strong level.” Any number over 50 indicates that more builders view conditions as good than poor.

 

Thank you for all the support of Davidson Realty and Davidson Property Management. If we can assist you with any of your real estate needs, please let us know.

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Unparalleled Support. That’s The Davidson Difference.

January 5, 2021

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Posted by in News, Staff

With more than 1.5 million Realtors © in the United States and 10,000 Realtors © in Northeast Florida, it is imperative for agents to select a brokerage that is committed to their achievements and growth to set them apart from the rest.  

 

Davidson Realty provides their agents with a toolbox to equip them with the resources necessary to build a thriving career. Since 1989, Davidson Realty has been among the top real estate brokerages in Northeast Florida and continues to build a reputation of providing trustworthy and personalized service to their clients. 

 

Agents at Davidson Realty receive unparalleled support from day one. “At Davidson Realty, we strongly believe in a “Pay It Forward” culture. We believe in putting people and relationships first. And that starts with our agents,” shares Andrea Gallagher, Davidson Realty Sales and Training Manager. “By investing our time and resources in supporting our agents we take the guesswork out for them and allow them to fully focus on serving their customers and community. The agents we see most successful in this industry are ones who have meaningful relationships with their customers and the greater community.” 

 

The Davidson Realty team organizes various in-house programs to continually provide agents with tools to build their own success. Agents receive monthly training from qualified professionals on topics including: lending, title, new construction, development, contracts, social media, public relations, tax, inspections, and listings. Davidson Realty agents also have one-on-one coaching and training sessions available with President Sherry Davidson and Sales and Training Manager Andrea Gallagher to discuss transaction issues and help with contracts. In addition to one-on-one coaching, Davidson Realty has a successful mentoring program. “New agents are paired with an experienced agent that not only guides but is their 50/50 partner for the new agents’ first two transactions from start to close. The mentor and mentee meet frequently to discuss processes to build their business including lead generating strategies, creating a listing package, and understanding contracts and listing agreements,” shares Andrea Gallagher. 

 

Davidson Realty also organizes group coaching sessions, a book club series, and goal setting and yearly business planning workshops. Sherry Davidson and Andrea Gallagher are both certified mentors for Brian Buffini’s Real Estate training courses and teach his classes in offices regularly. These training sessions are for all experience levels of agents and are endorsed by the National Association of Realtors.  

 

Along with the in-person training and mentoring, Davidson Realty Agents receive business, marketing, and technical support. Davidson Realty has an in-house graphic designer to design and coordinate mailings of flyers, postcards, invitations, pop-by tags, and more for customer and community events. Agents have access to a transaction management system for all their transaction document needs as well as listing services such as MLS listings, contract maintenance, and text riders for signs. The Davidson Realty Team create and design customized monthly emails for each of their agents and assist with building business pages on various social media platforms. 

 

On top of the abundant in-house support, Davidson Realty agents truly become part of a greater family that is eager to help agents make dreams come true for their clients. If you are interested in joining Davidson Realty’s team of real estate experts, contact Davidson Realty President, Sherry Davidson at 904-940-5000. Give yourself and your career the opportunity to thrive.

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Real Estate Market Update

December 23, 2020

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Posted by in News

“God has given us two hands – one to receive with and the other to give with. We are not cisterns made for hoarding; we are channels made for sharing.” Billy Graham

 

The Northeast Florida Association of Realtors market stats continue to show more buyer demand than seller supply. Pending sales were below normal in March, April, and May due to COVID-19; however, the year to date pending sales are up 11.6% over the same period last year. The 2,858 pending sales in November is 21.3% higher than last November.

 

The 2,680 closings in November are 13% higher than last November. We are up 6.7% year-to-date over the same period last year.

 

The homes available for sale is the lowest number on any reports I have seen. There are 5,211 homes available in Northeast Florida down 44.7% from 9,418 in November 2019 and 9,976 in November 2018.

 

There is 1.7 months supply of homes for sale which is down 51.4% from last year. A balanced market is 5 to 6 months of inventory.

 

The Northeast Florida builders are building more homes than in any year since 2005. There have been 11,343 permits issued in the Jacksonville MSA through November. That is 18% higher than 2019 in the same period. There were 10,345 permits in all 12 months of 2019.

 

The low supply and increased demand is causing prices to continue to rise. The median sales price of $262,000 is 12.9% higher than last November and we are up 8.8% year-to-date. The average sales price of $317,602 is 17.2% higher than last November and we are up 11.5% year-to-date.

 

Realtor.com has issued the first predictions for 2021. They are predicting a 7% growth in sales nationally and a 5.7% price increase. The 2021 prediction for the Jacksonville area is 9.4% growth in sales and 5.0% increase in prices.

 

Realtor.com is predicting more homes will hit the market in 2021, but buyers will struggle with affordability as home prices continue to rise. Mortgage rates will slowly rise toward 3.4%.

 

· Millennials will continue to drive the market. Older millennials will likely be trade-up buyers while the younger segment of the generation age into their key home-buying years.

· Affordability will become a growing obstacle.

· Inventory will begin the slow road toward recovery.

· Suburbs will shine if remote work stays around.

 

I wish you a wonderful holiday season and an amazing 2021. This year was full of ups and downs with COVID and the election. I wish you a wonderful and safe New Year!

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