09/15/2026
Everyone is aware this market is….different…🤷🏻♀️
Here in 📍Clarksville home prices are averaging about the same as 2023. Now that doesn’t mean depreciation but we had a 62% market value increase from 2020-2024, so more sellers often had more equity they were willing to negotiate with in the last few years.
But one thing that floors me is that we have seen $10,000, $25,000 and even $35,000 😱in buyer concessions offered from sellers! That means 💰money to cover lender fees, title expenses, and maybe get that rate even lower to decrease the monthly mortgage payment! 🏡
🤔So I’m very curious, if we have over 1,450 #️⃣ homes currently for sale in Clarksville, and you could get a great “deal/steal” on a home that you maybe thought “oh that’s out of my price range”, would you? Or would you rent?
The gap between the 📊average 3 bedroom ,1750sqft home between buying it and renting it is about $250-$300 depending on taxes….so the question of the day is BUY or RENT in today’s market?
Personally, I would buy because you have more opportunity to get a good price on a home and concessions paid vs competing in multiple offers and having to bring money to the table. Yes rates are high but we all know the saying, date the rate , marry the house ❗️