The Truth About Home Prices
If you’ve been wondering about the recent trends in home prices, you’re definitely not alone. With so much information swirling around, it can be challenging to determine your next steps in the real estate market. As a buyer, you might be feeling anxious about overpaying for a home. On the flip side, if you’re considering selling, you may be concerned about not achieving your desired sale price. Let’s break down the current situation to help you understand what’s really happening with home prices, whether you’re looking to buy or sell. First, it’s important to note that while home price growth is slowing, prices aren’t falling nationally. Across the country, home price appreciation is moderating. This means that prices are still on the rise, but they aren’t increasing at the rapid pace we saw in recent years. A closer look at the data reveals that, although discussions about cooling prices are common, it’s essential to understand that this simply indicates a slower rate of growth rather than a decline. The graph below uses data from Case-Shiller to make the shift from 2023 to 2024 clear: So, what’s next for home prices? The answer lies in the balance of supply and demand, which can vary significantly depending on your local market. Nationally, the inventory of homes for sale is increasing, but it still doesn’t meet the current buyer demand. This ongoing demand is keeping upward pressure on prices, even as the rate of appreciation slows. Additionally, experts suggest that as mortgage rates continue to decline, we may see more buyers re-entering the market in the coming months. If demand picks up, it could lead to a slight increase in prices. Now, while national trends provide a broad overview, it’s crucial to remember that real estate is inherently local. What’s happening in your neighborhood may differ from the national average due to local supply and demand dynamics. This is why working with a knowledgeable local real estate agent (Me-Demi Judd) is so important. They can provide you with the most current data and trends specific to your area. If you’re planning to sell, I can help you price your home accurately based on the latest market insights. And if you’re ready to buy, I can assist you in finding the right home that fits your budget and needs. So whats ahead with home prices, they still rising, just not as quickly as before. Whether you’re considering buying, selling, or simply curious about your home’s value, I would love to connect and provide you with the personalized guidance you need to navigate the market confidently~
Welcome to St. Johns County Schools: New School Opening Fall 2024
As Mom of two and a local realtor deeply embedded in the St. Johns County community, I am thrilled to share the exciting news about the upcoming school year. St. Johns County Schools are gearing up to welcome students back this fall of 2024, and there’s a palpable buzz of anticipation in the air. If you’re considering a move to this area or are already a proud resident, here’s why our schools are the crown jewels of Florida’s education system. Looking Forward to Fall 2024 As we prepare to open our doors this fall, there is a renewed sense of excitement and optimism. The upcoming school year promises to be filled with opportunities for growth, learning, and achievement. Whether you are a new family joining our community or a long-time resident, you can be confident that St. Johns County Schools will provide an exceptional educational experience for your children. Beacon Lake – Lakeside Academy – FALL 2024 Located in the Beacon Lake Community will be a NEW K-8 school opening this Fall! 40 acres on Twin Creek Drive within the Beacon Lake portion of the Twin Creeks DRI development in northcentral St. Johns County. It will accommodate approximately 1500 students. This school has been designed to provide both traditional and non-traditional settings. Classroom areas accommodate groupings by grade or as multi-age students using teaching teams. Moveable walls between classroom pairs facilitate the team-teaching approach. Shearwater – Trout Creek Academy – FALL 2024 Located in the Shearwater Community will be a NEW K-8 school opening this Fall! It will accommodate on approximately 26.5 acres on Timberwolf Trail within the Shearwater development in northwest St. Johns County. It will accommodate approximately 1500 students. This school has been designed to provide both traditional and non-traditional settings. Classroom areas accommodate groupings by grade or as multi-age students using teaching teams. RiverTown – COMING FALL 2025 K-8 School PP will be constructed as a K-8 Academy and initially serve kindergarten through 8th grade. It will be located on approximately 32 acres on RiverTown Main Street within the RiverTown development in northwest St. Johns County. It will accommodate approximately 1100 students. This school will convert to a Middle School at a future date after an elementary school has been constructed within RiverTown. This school has been designed to provide both traditional and non-traditional settings. Classroom areas accommodate groupings by grade or as multi-age students using teaching teams. Silverleaf – COMING FALL 2026 K-8 School QQ will be constructed as a K-8 Academy and initially serve kindergarten through 8th grade. Located in Silverleaf DRI (Parcel29C) on a mitigation school site. It will accommodate approximately 1500 students. Nocatee – COMING FALL 2026 K-8 School RR will be constructed as a K-8 Academy and initially serve kindergarten through 8th grade. Location: Nocatee DRI – Seabrook (formerly Snowden Village). It will accommodate approximately 1500 students. Why Families LOVE our Schools: The Excellence of St. Johns County Schools 1. Academic Achievement St. Johns County Schools consistently rank among the top in the state of Florida. Our schools are renowned for their academic excellence, demonstrated by outstanding test scores, graduation rates, and college acceptance rates. The district’s commitment to providing a robust educational foundation ensures that students are well-prepared for future success. 2. Dedicated Educators Our educators are the backbone of St. Johns County’s success. Highly qualified and deeply passionate, our teachers go above and beyond to nurture and inspire students. Continuous professional development ensures that they remain at the forefront of educational best practices, creating an engaging and effective learning environment. 3. Comprehensive Curriculum St. Johns County Schools offer a diverse and comprehensive curriculum designed to cater to the varied interests and talents of our students. From advanced placement courses and STEM programs to arts and athletics, there’s something for every student. This well-rounded approach not only enhances academic skills but also fosters personal growth and development. 4. Innovative Learning Environments Innovation is at the heart of our educational approach. Our schools are equipped with state-of-the-art facilities and technology, ensuring that students have access to the tools they need to thrive in a rapidly changing world. Collaborative spaces, digital classrooms, and cutting-edge laboratories are just a few examples of how we are preparing students for the future. 5. Community Involvement St. Johns County boasts a strong sense of community, and our schools are a reflection of this spirit. Parents, local businesses, and community members actively participate in school activities, creating a supportive and enriching environment for students. This collaborative effort enhances the educational experience and fosters a sense of belonging and pride. 6. Safe and Inclusive Environment Safety is a top priority in St. Johns County Schools. Our district is committed to providing a safe and inclusive environment where every student feels valued and respected. Comprehensive safety measures, anti-bullying programs, and a focus on mental health and well-being ensure that our schools are a place where students can thrive. Why Choose St. Johns County? As a local mom & realtor, I have had the pleasure of helping many families find their dream homes in St. Johns County. Time and again, the quality of our schools is cited as a major factor in their decision. The reputation of St. Johns County Schools not only enhances the appeal of our community but also contributes to the strong real estate market in the area. Homes in districts with top-rated schools tend to appreciate in value, making it a wise investment for your family’s future. The opening of St. Johns County Schools this fall is more than just a return to classrooms; it’s a continuation of our community’s commitment to excellence. With top-notch academics, dedicated educators, and a supportive community, St. Johns County Schools are poised to make the 2024-2025 school year the best one yet. If you’re considering making St. Johns County your home, there’s never been a better time to join us. Feel free to reach out to me for more information about the local real estate market and how you can become part of our wonderful community. Here’s to a successful and inspiring school year ahead! Your St Johns County Expert & Favorite Realtor, Demi Judd 904-687-9075Your Local Realtor, St. Johns County
Exclusive Buyer Brokerage Agreement : Explained
There are changes happening in the Real Estate Market! It is important to stay informed on these changes as they are going to impact Buyers & Sellers! The Buyer Brokerage Agreement: This is a new one for some and a needed addition to the Real Estate Process! Have you ever been in a relationship with someone and where you don’t know where the relationship is going. Is this a thing or should we go our separate ways?That is the confusion that is being eliminated with this new document! This might sound a bit formal, but it’s really about setting up a clear, professional relationship between you and your real estate agent (that’s me!). 1. Commitment: By signing this agreement, you’re committing to work exclusively with me for a certain period. This means I’ll be fully dedicated to finding you the perfect home. 2. Services: In return, I’ll provide a range of services, from searching for properties to negotiating the best price and terms for you. It’s like having a personal home-buying assistant! 3. Compensation: The agreement will outline how I get paid. Typically, the seller pays the commission, but this will ensure there’s no confusion about who’s responsible for what. Now this impacts both Buyers and Sellers: Sellers make sure your agent is educating you properly on this new requirement and what this means for you and your potential bottom line. Buyers make sure you hire the right agent who is doing more than just “opening a door” An agent how can navigate you through the market and educated you on this new requirement. You don’t want to be stuck with someone who doesn’t know how to properly represent you! Why is this beneficial for you? I am fully committed to you. I’ll bring my expertise and knowledge to help you navigate the market. I’ll be providing market data, arranging viewings, and negotiating the best terms on your behalf. Now, let’s touch on some key points in the agreement: BUYERS Duration: This specifies how long the agreement lasts. Typically, it’s for 6 months, but we can adjust it based on your preferences and goals. Responsibilities: It outlines what I’ll do for you, such as finding suitable properties, scheduling viewings, and negotiating terms. It also mentions what you’re responsible for, like providing honest feedback and financial information. Compensation: It details how I get paid. Usually, the seller pays the commission, so there’s often no cost to you directly. However, if you decide to buy a property outside of my efforts, there might be a clause regarding compensation. Exclusivity: This means you agree to work only with me as your agent during the term of the agreement. Termination: If things aren’t working out, there are terms for how either party can end the agreement. The goal of this agreement is to ensure that we have a clear understanding and mutual commitment. My aim is to make this a smooth and successful experience for you, and having this agreement in place helps us start off on the right foot. SELLERS Clarity in Representation: The new buyer brokerage agreement clearly outlines the responsibilities and duties of the buyer’s agent. This transparency can help sellers understand who represents whom and ensure smoother transactions. More Serious Buyers: Buyers who have signed a brokerage agreement are often more committed to the purchasing process. This commitment can lead to more serious and qualified buyers visiting your property, reducing the chances of dealing with window shoppers. Streamlined Negotiations: With a buyer brokerage agreement, the buyer’s agent is contractually obligated to represent the buyer’s best interests, which can lead to more focused and effective negotiations. This can help sellers achieve more favorable terms. Reduced Miscommunication: Clear agreements between buyers and their agents can reduce miscommunications. This clarity can lead to fewer misunderstandings during the buying process, resulting in a smoother transaction for sellers. Improved Market Insights: Agents working under a buyer brokerage agreement often have access to more detailed market data and insights, which they can use to guide their clients. Informed buyers can lead to more realistic offers and expectations. Professionalism and Accountability: The agreement ensures that the buyer’s agent operates professionally and adheres to specific standards, which can enhance the overall transaction experience for sellers. This change is new and may be changing over time but it is important to have your trusted Realtor (Me) updating you as changes happen. This new agreement may make some feel overwhelmed or more confused. But that is where I am here to help. If you have questions about this new agreement please feel free to reach out to talk more about how this may impact you and your home goals whether you are buying or selling!