Real Estate by Debbie Reynolds: Foreclosure Market Report for Clarksville TN 37043- July 2015

Foreclosure Market Report for Clarksville TN 37043- July 2015

Foreclosure Market Report for Clarksville TN 37043- July 2015 

Foreclosure homes in Clarksville TNClarksville TN 37043 has the least number of foreclosed homes of any zip code in Clarksville TN. Foreclosures in this area do not stay on the market long. Expect to get into multiple offer situations because there are so few. If this is a segment of the market you are interested in buying then you should be ready to make your offer as soon as you see the property. Having your financing in place or your proof of funds letter gives you the power you need to negotiate quickly and to trump other buyers.

See the available Foreclosed properties in Clarksville TN 37043.


In the month of July there was not any foreclosure sales in this area. However, there are 7 Pending Sales priced from $47,250 to $221,000 with an average of 38 days on the market. There are 3 Active Listings with one of those already having a contingency contract on it. The Active Listings are priced from $64,900 to $169,000. So you can see that to get a foreclosed property in Clarksville TN 37043 zip code you had better move fast. Many buyers get instant equity when they buy these type of properties so it makes the search worthwhile.


Foreclosure homes are available in all zip codes across town in Clarksville and in various price ranges. Some will need repairs and will require that the buyer pays cash to purchase because they are not in good enough condition for secondary market financing.. Search all available REO and Foreclosure homes in Clarksville TN in all price ranges.


Foreclosure Market Report for Clarksville TN 37043- July 2015

To see how the foreclosure market compares to the normal residential market in Clarksville TN 37043 click here.

Foreclosure market report in Clarksville TN 37043

When you would like to know more about Clarksville TN's Real Estate or foreclosure properties in Clarksville TN then contactDebbie Reynolds at 931-320-6730. I would love to explain the process.

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Comment balloon 20 commentsDebbie Reynolds • August 24 2015 05:55PM

Comments

During the Great Recession reo popped up in Silicon Valley, CA also. The low income service neighborhood had 3.5% others were bet 1-2%. Within two qtrs they drop quickly. By 2011 it was around 0.25-.35%.  REO became SS and now we get just a few ss out of 2000 listings. 

Median DOM is about 12 days, sold 103.5% over, median is close to 1 millions in SJ.

Posted by Sam Shueh, mba, cdpe, reopro, pe ( (408) 425-1601) about 3 years ago

Great to see foreclosures as such a small percentage of the market in Clarksville Debbie Reynolds.

Posted by Nancy Laswick, Your REALTOR® For The Valley Of The Sun (United Real Estate) about 3 years ago

Good morning Debbie. Still lost of bank owned properties finding their way to the market in Connecticut. Like your numbers a lot better.

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) about 3 years ago

Debbie, sounds like the early bird gets the worm and the pickings are slim. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 3 years ago

Hi Debbie.  It sure sounds like the supply of bank owned properties is dwindling.  And, that's a good sign!

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 3 years ago

Hi Debbie -- your post proves that it is important for buyers to understand the nuances of any market.  Finding local representation is so important and in Clarksville TN - you definitely have the knowledge to help clients reach their real estate goals.  

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) about 3 years ago

Hello Debbie: Homes in Clarksville are very affordable but they look pricey. Low REO number is a good sign, I would think. But not for the investors or for those who want instant equity as you have mentioned.

Posted by Maria Gilda Racelis, Home Ownership is w/in Reach. We Make it Happen! (Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington) about 3 years ago

You always provide good information about your real estate  market.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 3 years ago

Debbie, nice to see such low foreclosures available, and bet they do go quickly!  

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) about 3 years ago

Wow, Debbie, you have a lower ratio of foreclosure sales than even Charlotte, which is way below national levels... but I'm assuming its due to the fact that your market is also much smaller than ours.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage | Charlotte, NC) about 3 years ago

Real estate investors love to find the bargains in the inventory of lender owned foreclosures.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) about 3 years ago

Well said Debbie, you need to have everything done ahead of time so you can move quickly! Foreclosures have dropped, ones in good condition sell quickly!

Posted by Evelyn Johnston, The People You Know, Like and Trust! (Friends & Neighbors Real Estate) about 3 years ago

This is the part of town that everyone is watching so when one goes on the market buyers jump. Thank you all for the nice comments.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 3 years ago

Thankfully our foreclosure market is shrinking around here....happy Tuesday!

Posted by Kristin Johnston - REALTOR®, Giving Back With Each Home Sold! (RE/MAX Realty Center ) about 3 years ago

Hi, Debbie! This is a well-written market report. Love the graph! Thanks for sharing this.

Posted by Katerina Gasset, Get It Done For Me Virtual Services (Get It Done For Me Virtual Services ) about 3 years ago

We have seen a decline over all but happy to report my REO listings have increased as they pull back from some agents and give to those willing to work hard on the REO homes. I am seeing multiple offers on all the new REO listings

Posted by Scott Godzyk, One of Manchester NH's Leading Agents (Godzyk Real Estate Services) about 3 years ago

Debbie, buyers need to act quickly when a new foreclosure enters the market. You are the agent to contact for the best representation in Clarksville. Hope you have a great week!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) about 3 years ago

Debbie - looks like a couple of good deals there for a buyer that has everything together.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 3 years ago

Debbie I wish I could say we have a limited number of foreclosures, but it is the opposite with us here in most of CT.  It would be nice to see a substantial reduction in foreclosures, because unlike there being competition for them like in a market like yours, when you have as many as we do they tend to sit on the market for a while and reek havoc on home prices.

Can we send you a few of ours :) :) :)

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) about 3 years ago

I appreciate all your support. Thanks you all for the comments.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 3 years ago

Participate