With all the news on the housing market I thought I'd look at the actual Clarksville statistics from 2007 to 2008 through June.  They are:

# of Homes                                         # of                                   Ave price of

on Market        Decrease                 Closings   Decrease         Homes Sold   Increase            Year

     2760             21   %                       1366               59%             $152K              6.1%               2008

     3487                                                2292                                   $143K                                      2007

The market is taking a correction in Clarksville also.  Several factors are attributable for this:

- 101st Airborne from Ft Campbell is deployed

- Subprime nationwide issue is tightening criteria on obtaining loans

- Energy costs have risen sharply

Even though these statistics ring true--my customer base has rewarded me with a 20% INCREASE in my personal real estate business in the same time period!  If you, your friends or relatives need to buy or sell a home, please contact them and I know I can assist them!

The Clarksville housing market has been tapped as the potential #1 market in the US by a leading financial newsletter.  This newsletter contends that our market is supposed to grow by 6.4%.   

This news is refreshing in light of the national housing market forecast!  To see how Clarksville/Montgomery County faired this past year the number of transactions(properties bought and sold) was up slightly with over 4000 transactions.   The best news is that from 2006 to 2007 the average price of property went from $138K to $144K.   This is a 5.5% increase!

 This information is GREAT news for everyone!

If you're considering selling or buying, this may be the opportune time to do so as our housing market is very robust.  Even in these winter months I've seen a steady flow of properties moving.