2007 One of the Best Real Estate Years in Clarksvi
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1/31/2008
The national media has tried to convince us of how bad the real estate market is, with all the foreclosures and trouble in the subprime mortgage business, but 2007 will be remembered as one of the best real estate years in Clarksville's history with over 4,000 homes sold.
Fort Campbell is a very important part of our community and we miss them any time they deploy, but unlike the first Gulf War with the uncertainty over the length of deployment, today families tend to stay in Clarksville knowing when their loved one will be home at a given time.
Industry plays a major role in the vitality of our town and I believe we have a robust, mixture of industry, and I'm pleased to see our local political leaders being aggressive in the pursuit of new industry.
With a great relationship with Fort Campbell, a good industrial base, aggressive industrial recruiting, coupled with contained low interest rates and positive recognition nationally such as the recent report by Kiplinger Magazine (January 2008), things are good. The Kiplinger article quotes a survey by Fiserv Lending Solutions that states they expect Clarksville, Tennessee, to lead the way through 2009 with a projected 6.4 percent increase in home prices.
Many cities all over the U.S. are projected to lose as much as 15 percent a year.
The article should be very encouraging to those that own or plan to buy a home in the near future.
Any time Clarksville can be mentioned nationally in such a positive manner is good news for everyone. It's obvious I'm extremely positive on Clarksville and what the future holds for our community
Bp | Clarksville, TN