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Good Year or Bad Year in Real Estate?

By Debbie Reynolds, C21 Platinum Properties

Managing Real Estate Broker with Platinum Properties- (931)771-9070 TN Broker: 208698

January 08, 2015 06:34 AM

Good Year or Bad Year in Real Estate?

The buzz is that this year will exceed expectations and lots of real estate will change hands in Clarksville TN. Do I concur with this projection?

The signs point in that direction. Interest rates are low and right now more affordable than in months past. They are likely to start rising about midyear so there is plenty of time for buyers to come into the market and make their purchases before the rise in rates.

Inventory of homes for sale in Clarksville took a dip that last couple of months of 2014. This is mostly seasonal and not a result of increased sales. As we enter the new year the number of homes for sale will continue to grow and sales will likely increase as well.

The unknown factor is Fort Campbell KY and the military population. With talks of downsizing the military the big question is how much? Hopes for stabilization were increased when fall elections produced a Republican majority in both houses. It is well known that Republicans like a strong military but funding is the issue and money has to come from somewhere. Also the American people are sick of Congress not being fiscally responsible and flying by the seat of their pants with no balanced budget. If both of these items can be resolved favorably then no telling how many people will take steps to buy homes in Clarksville.

Good Year or Bad Year in Real Estate?

I am extremely optimistic and know that we are certainly due a great year in real estate. It has been way too long with many years of just mediocre sales.

Search Clarksville TN Real Estate here. When you are ready to make a move contact, Debbie Reynolds at 931-320-6730.

Debbie is a licensed TN real estate agent with Berkshire Hathaway HomeServices PenFed Realty in Clarksville TN.

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Will Hamm

Hamm Homes - Aurora, CO

"Where There's a Will, There's a Way!"

Hello Debbie, Here is to a great year in our business. It is starting out that way.

Jan 08, 2015 10:14 AM

Kathleen Daniels, Prob...

San Jose, CA

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

I have a great time predicting the future and keeping positive vibes going out. I really am ready for a great year. I hope I not dissapointed.

Jan 08, 2015 10:26 AM

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES

Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL

Florida Waterfront and Country Club Living

Debbie, we don't have the crystal ball but I do believe in setting my own expectations and whatever they are, they usually become true. So yes, it'll be a good year! :-)

Jan 08, 2015 10:51 AM

Endre Barath, Jr.

Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA

Realtor - Los Angeles Home Sales 310.486.1002

Debbie I concur with Silvia Dukes PA, REALTOR I lost my crystal ball years ago...never the less we had been improving since 2013 and 2014 was much better and all indicators point to the better year for 2015... at least in my market, Endre

Jan 08, 2015 11:02 AM

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

I'm predicting a good year in my area. I know you will do well this year.

Jan 08, 2015 11:05 AM

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

I wish us all a good year. I plan to track it and refer back to this post to see if I was right.

Jan 08, 2015 11:20 AM

Robert Vegas Bob Swetz

Las Vegas, NV

Hello Debbie ... VB's prediction for 2015 is: The market will be steady, values will rise shortly, about 10-15 percent depending on what town or city. Probably very similar to 2014, but VB thinks 2016 will be better

Jan 08, 2015 11:31 AM

Robert Vegas Bob Swetz

Las Vegas, NV

Evelyn Johnston

Friends & Neighbors Real Estate - Elkhart, IN

The People You Know, Like and Trust!

I am predicting great things in our real estate market too. My postcards to home owners are being mailed every other week for most of the year. Thanks to Barbara Todaro for all the idea's she shares!

Jan 08, 2015 11:56 AM

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

VB and Evelyn, Both of you think it will be good. I am with you on that.

Jan 08, 2015 12:07 PM

Carla Muss-Jacobs, RETIRED

RETIRED / State License is Inactive - Portland, OR

I'd like to think that I'm in for a good run this year. Starting off well, and I hope past performance IS an indicator of future earnings. LOL

Jan 08, 2015 12:16 PM

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com

Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA

Tahoe Real Estate Agent Helping Buyers and Sellers

Debbie - I hope it's a good year for real estate, the stock market, and all local economies, that will make it a good year for everyone!

Jan 08, 2015 01:25 PM

Florida Tolbert Team Keller Williams Advantage

Keller Williams Advantage III Realty in Lake Nona - Orlando, FL

Keller Williams Land Luxury Division Specialist

I am betting on a RECORD SETTING YEAR. I just feel like the sky is about to open up with rainstorms.

Jan 08, 2015 01:52 PM

Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Debbie,

I agree with Dick Greenberg comments "We're looking at strong demand here - the key is going to be whether we get enough inventory on the market to satisfy it." I feel its going to be a banner year!!

Jan 08, 2015 05:26 PM

Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning Debbie. I am with you. You make good sense, I have more preapproval out right now than I did last year. A good sign for sales in the next two quarters of 2015.

Jan 08, 2015 05:35 PM

Potranco Realty

Potranco Realty - San Antonio, TX

"Sold with Potranco Realty"

Debbie I hope the military doesn't downsize in For Cambell.... Clarksville is sure to have a big year in real estate and now is the time to buy before rates climb higher.

Jan 08, 2015 07:11 PM

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

Debbie, if the pie gets smaller, you'll find a way to cut a bigger piece! If it gets bigger, all you have to do is cut a piece big enough to do better than last year! You'll be a winner either way! Enjoy your day!

Jan 08, 2015 07:15 PM

Conrad Allen

Re/Max Professional Associates - Webster, MA

Webster, Ma, Realtor

Hi Debbie. All real estate is local but 2015 should be a good one.

Jan 08, 2015 08:20 PM

Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate Services

Debbie, Banner Year … I won’t have it any other way. Hear me singing … my 2015 real estate business is so bright I’ll have to wear shades

Jan 08, 2015 10:52 PM

Tammie White, Broker

Franklin Homes Realty LLC - Franklin, TN

Franklin TN Homes for Sale

Debbie, you did a great job on this. Many areas don't have a military population and clearly that hugely impacts your market. It was definitely worth mentioning when talking about your area.

Jan 09, 2015 09:58 AM

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

So much depends on what happens with our military. I have talked to many of them and they just don't know what the future holds. That impacts their confidence in buying.

Jan 09, 2015 10:44 AM