Clarksville, TN Ranked 2nd In Nation As Safe Haven!

Well, Real Estate has had a tough year through out the Nation but in certain areas the damage has been minimal – if nonexistent according to Kiplinger.com! They found 6 six cities with slow, steady growth, using data from Fiserv Lending Solutions, a home-priced research company.  These cities’ local economies have kept unemployment and foreclosure rates below average!  Plus, their affordability index – a measure of home prices versus family income – is low!  Here is what they had to say about Clarksville, TN and how we ranked 2nd on their list!

Clarksville, Tennessee

Population: 265,062

Median home price: $130,000

12-month change in home index: +1.4%

Affordability index: 3/10

Homes sold this year: 2,081

Home value vs. national average: -37%

Top employer: Trane Corporation

Clarksville offers an affordable alternative to nearby Nashville but is close enough that residents can enjoy the larger city’s attractions.

The housing market is kept active by Clarksville’s approximity to Ft. Campbell.  Traditionally a manufactuing town, the city also offers a robust retail economy, driven in part by Austin Peay State University.

I have been saying all along that we cannot compare our market with what the Nations overall rankings are.  We are ahead and it shows!

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