What is the Real Estate Absorption Rate in Clarksville TN's Real Estate Market? It is the rate the current inventory is expected to be sold based on the performance in the market over the last few months. To analyze the absorption rate, we look at the selling rate and I like to look at the last 3 to six months to get a reading on where the trends are really heading.
When a city grows at a fast pace you want to know why and Clarksville TN is the fifth-fastest growing city in the nation of cities with a population of over 50,000. It's close proximity to Nashville is part of the reason and the affordability of housing as compared to counties closer to the state capitol is also part of the reason.
National Association of Realtors (NAR) is constantly working hard to ensure that people can achieve home ownership and invest in real estate. Each year they work to fight off expensive and burdensome regulations that would make owning a home difficult for many. Come see the highlights of 2014.
When we look back a couple of years we now know that we were in the prime of selling foreclosures in Clarksville and home buyers and investors were picking up some fabulous deals. Last summer’s sales slowed down and made the reality of multiple offers on these good deals the norm. Is there still hope for a good deal?