Real Estate News

Ponte Vedra / Nocatee office takes the SURGE challenge win, as well as securing the Chairman’s Cup for this month!

First, are we in the midst of another housing bubble? This is a question we hear pondered frequently by the media and I thought it would be helpful to make a comment along with this local analysis. Better yet, let’s hear from the recent report from the Joint Center for Housing Studies of Harvard University: “Now in its seventh year, the US economic recovery shows signs of flagging in the face of a strong dollar, a weakening global economy, and low energy prices. But as household growth continues to gain momentum, the housing sector should be an engine of growth.” Later in the report, “The bigger question is whether the housing crash diminished the general appeal of homeownership. The available evidence suggests that it has not. For example, a 2015 Demand Institute survey of more than 5,000 households found that 89 percent of respondents under the age of 30 owned a home, would buy a home on their next move, or would buy a home in the future. The shares of respondents with similar responses exceeded 80 percent in all other age groups as well.” 

The neighborhood of Seven Mile Drive, also known as Sawgrass Pointe, is a lovely community within The Sawgrass Playes Club (TPC). Homes for sale in Seven Mile Drive tend to sit on large lots with water, golf or water-to-golf views. In fact, Seven Mile Drive separates the two golf courses in TPC, the famous Stadium Course (home of THE PLAYERS Championship) and the recently renovated Dye Valley Course. 

Homes in Sawgrass Pointe are fairly large, ranging in size from three to 6 bedrooms. Many homes have swimming pools and extensive outdoor living areas. This neighborhood has a strong appeal to families since it's located in the St. Johns County Public School District with A rated schools. Additionally, the Sawgrass Players club has great amenities including: a neighborhood pool, playground and sports fields. 

The forever growing Ponte Vedra community, Nocatee, has been getting some action as we move into Summer!

Congratulations to team members Marsha Keller and Tonya O’Quinn who recently became Nocatee Certified!

The overall Jacksonville Beaches and Ponte Vedra Beach real estate market remained strong in the first quarter of 2016, with some notable pockets of strength and weakness. Major economic indicators were positive for the combined markets of Jacksonville, Neptune, Atlantic and Ponte Vedra Beaches.

While new listings declined by 14.4%, total closed sales rose by 3%. Last year home sales outstripped new listings, resulting in a shrinking inventory of homes for sale and that trend was exacerbated in the first quarter of 2016. In all likelihood, choices will continue to be limited for buyers, who will have fewer options of homes for sale than they have had in the past several years.

Sanctuary Estates, the exclusive new community in Ponte Vedra Beach, was built by Richmond American Homes. 

Every wonder what's going on behind the gates of the Plantation at Ponte Vedra Beach? This weekend, the Plantation will be hosting its Spring Community Open House on Sunday, May 1st from 1:00pm to 5:00pm. You'll be able to view 31 homes for sale in the Plantation with prices ranging from $489,500 to $1,899,000. You'll also be able to experience the Plantation's new amenities park which includes a croquet lawn, state of the art playground, and fitness center. The Plantation's newly renovated Beach House will also be open from 5:00-6:00 for complimentary drinks and hors d'oeuvres. The views of the ocean from the Beach House are awesome -- make sure you don't miss that!

The Nocatee community is proud to announce that they will be contributing 24 of the 107 model homes featured during the Northeast Florida’s 2016 Parade of Homes.

We just listed a great house in the Sawgrass Players Club (TPC). This recently renovated home for sale has 5 bedrooms and 3 bathrrooms and a super fantastic lot with 180 degree water to golf views. Gorgeous new kitchen with open family room and renovated master bathroom, this one is lovely!