Welcome or Register
agent photo
Lakeland Realty Donna Clark Group
1145 Canton Road
PO Box 190
Cadiz, KY 42211
Office Phone:270-522-9333
Cell Phone:   270-792-4563
donnaclark21@aol.com

 

Testimonials Page

Butch and I are most Grateful for Donna Clark's intelligence, dedication and patience in helping us find our dream home. We looked at several homes, but never felt like this is "the one"! We had several particulars we had requested, but yet had to stay in an affordable price range. Donna Clark's encouragement kept us from giving up on finding the home we could afford and love at the same time. Donna's honesty, true dedication to her client's interest and her knowledge of the Real Estate Industry most definitely sets her apart from other Realtors. Thank you Donna for an exceptional job!!! We highly recommend you to anyone seeking an excellent Real Estate Agent!
I keep going back to Donna for my real estate needs. No one works harder to get you a sale or find your new "home" in Trigg County. Her attention to detail and her capacity to network place buyers and sellers together. Donna's knowledge of the area and her skills in negotiation are amazing. When we first came to Trigg County, we had no idea of the many areas in the county matching our relocation needs. She not only spent days driving us throughout the county but arranged for us to view waterfront lots by boat. The opportunity to see our property by water helped us find a great lot where we built our dream home. I have referred many friends and neighbors to Donna and her team. It is hard to find a realtor and broker who listens to what you want and works to find the perfect match whether buying or selling. Call her for your next real estate transaction. You will not be disappointed. spennington9
Working with Donna was an amazing experience. Donna and her staff were able to understand exactly what we were looking for in a Home within the first five minutes of meeting. Her patients and experience were detrimental in our home selection and purchase, not to mention that I was out of the country for 80% of the process to include the closing. I would recommend Donna Clark and her Lakeland Realty Group to my family and friends. Scott Coons
Donna is a rock star in real estate. Her knowledge of the area around Lake Barkley is remarkable. She spent several days showing us various houses in the area. Her focus was not on the time involved or the money. Her focus was finding us that perfect lake house to fit our needs/wants. And we did thanks to Donna. I highly recommend her to anyone looking for real estate in Trigg County bmaier9
View All

LAKE BARKLEY & KENTUCKY LAKE WATERFRONT & LAKE AREA REAL ESTATE

Located in beautiful Cadiz in Western Kentucky.  Lakeland Realty Donna Clark Group specializes in superior customer service for our buyers and sellers in the greater Lake Barkley & Kentucky Lake area.  We are centrally located in Western Kentucky within minutes of Lake Barkley, Kentucky Lake, Lake Barkley State Park and Land Between the Lakes.  Whether you are searching for the perfect waterfront home or lot, dockable waterfront property, lake area home or lot, single family home, farm, rural property, commercial or in town property we can help you find your dream.  We service Cadiz, Eddyville, Hopkinsville, Fort Campbell, Princeton, Draffenville, Murray, Cerulean, Paducah and the surrounding areas.  We'll show you any property listed in the MLS.  We look forward to showing you that all Realtors are not created equal.  

About Us.  Our group of professionals come from the 3 major franchises in the real estate market with over 100 years combined experience.  We have consistently been multi-million dollar producers over the years and strive to be your number one chocie of Realtors, THERE IS A DIFFERENCE IN REALTORS!!! 

BUYERS
Automatically receive personalized MLS listings by e-mail.  Lakeland Realty Donna Clark Group can have our MLS service search the local MLS every 15 minutes and find the homes that match your criteria and notify you immediately with the latest listing information.  Simply choose Dream Home Finder and fill in the requested information.  Or, search yourself at Quick Search or Map Search.

SELLERS
If you're planning to sell your home in the next few months, this FREE service from Lakeland Realty Donna Clark Group is designed to help establish your home's current market value.  Simply choose
Market Analysis and fill out the requested information. We will use comparable sold listings to help you calculate the fair market value of your home.

Certifications and Recognitions
Consistent Multi-Million Dollar Producers
Waterfront Specialists
KAR and NAR members

Specialization
Our company specializes in representing clients in the purchase and sale of single-family residences and lakefront properties within the cities of Cadiz, Eddyville, Benton, Princeton, and Paducah.  We keep current of all transactions in these areas.

Quick Search


view all


Any

Any

No Min.

No Max.

Create Popular Searches

Enter the name of the primary city this agent works in, and I'll generate a set of saved searches for you!

Real Estate News!!!

Latest Realty News from NAR

November 2018 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.99 percent this November, up 19.1 percent compared to 4.19 percent a year ago.

  • Housing affordability declined from a year ago in November moving the index down 10.6 percent from 161.0 to 144.0. The median sales price for a single family home sold in November in the US was $260,500 up 5.0 percent from a year ago.
  • Nationally, mortgage rates were up 80 basis point from one year ago (one percentage point equals 100 basis points).
  • The payment as a percentage of income was up from last month at 17.4 percent this November and up from 15.5 percent from a year ago. Regionally, the West has the highest payment at 23.8 percent of income. The Northeast had the second highest payment at 17.1 percent followed by the South at 16.8 percent. The Midwest had the lowest payment as a percentage of income at 13.7 percent.

  • Regionally, the Northeast recorded the biggest increase in home prices at 8.2 percent. The South had an increase of 3.8 percent while the West had a gain of 2.4 percent. The Midwest had the smallest growth in price of 1.6 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 14.4 percent. The South had a decline of 9.3 percent followed by the Midwest that fell 9.2 percent. The West had the smallest drop of 7.2 percent.
  • On a monthly basis, affordability is down from last month in all of the four regions. The Northeast region had the decline of 5.5 percent. The South had a decline of 2.0 percent followed by the Midwest with a dip of 1.8 percent. The West had the smallest dip in affordability of 0.7 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 181.9. The least affordable region remained the West where the index was 105.0. For comparison, the index was 148.8 in the South, and 146.4 in the Northeast.

  • Mortgage applications are currently up while credit availability is down. Rates are higher this month but are still historically low. Home prices are up 5.0 percent while median family incomes that are growing 3.0 percent. The job market is steady. More inventory is welcome on the lower end of the market whereas there is more supply of inventory for high priced homes.
  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

Throwback Thursday: First-Time Homebuyers Then and Now

In 1981 when NAR first started tracking the data, the average age of a first-time homebuyer was 29.  They made up 44 percent of all homebuyers.  Sixty-eight percent of first-time buyers were married couples, 12 percent were single female and 13 percent were single male (seven percent were other).

In contrast, in 2018, the average age of a first-time homebuyer was 46 and they accounted for 33 percent of all homebuyers.  Fifty-four percent were married couples, 18 percent were single female, 10 percent were single male, and 16 percent were unmarried couples (two percent were other).

In 1989, first-time buyers largely rented an apartment before they bought their home at 80 percent, and 15 percent lived with parents, relatives, or friends.  In 2018, the share of first-time buyers that lived in an apartment before they bought their home slipped to 71 percent while the share of those that had been living with parents, relatives, or friends previous to buying rose to 23 percent.

Planning to Buy a Home in 2019?

Mortgage rates are starting off 2019 at very good levels. In fact, mortgage rates declined, starting the new year with the 30-year fixed rate mortgage dipping to 4.5 percent last week from 5 percent a month ago, according to mortgage finance provider Freddie Mac[1]. After a year of gradual increases, mortgage rates are declining. Stock market volatility, global trade worries and the government shutdown are pushing rates down to their lowest levels since August.

But how do mortgage rates affect homebuyers? Fixed-rate mortgages are amortized over the life of the loan. That means that at the beginning of the loan term, most of the mortgage payment goes toward paying off interest. Over time, a larger percentage of the monthly payment is applied to the loan’s principal balance. Thus, when interest rates are low, homeownership is more affordable. If less is spent on interest, homebuyers may be able to afford a larger loan. However, higher rates increase the long-term cost of owning a house.

NAR calculated the monthly payment based on the mortgage rate in the first week of January (4.5 percent) and the rate (5.0 percent) that was previously expected. Nationwide, it is estimated that the monthly payment at 4.5 percent rate is $1,208, while a higher rate of 5.0 percent increases the monthly payments by $72 to $1,280.

The effect of the mortgage rates varies from location to location. In high-end areas, homebuyers are expected to benefit more from lower rates than homebuyers in other areas. For instance, in the San Jose-Sunnyvale-Santa Clara, CA metro area, comparing the monthly payment at 4.5 percent and 5 percent rates, homebuyers pay $353 less every month for their payment at a 4.5 percent rate. However, at the low-end areas, in Youngstown-Warren-Boardman, OH-PA, the monthly payment at 4.5 percent rate is $26 less compared to the payment at 5 percent rate.

The visualization below allows you to see how much the monthly payment changes at 4.5 and 5.0 percent rates for 178 metro areas:

We also calculated the monthly mortgage payment for 3,119 counties and county-equivalents in the United States. Please visit the following web page to see the monthly mortgage payment at the county level.

Thus, homebuyers can still benefit from lower rates. Although the average rate on the 30-year fixed rate sat just below 4 percent for a year in 2016, homebuyers should bear in mind that, back in 1982, the rate was over 17 percent for more than a year. Moreover, historically[2], the average mortgage rate is 8 percent. Therefore, rates are still historically low. Looking ahead, NAR is forecasting the 30-year fixed rate mortgage to average 4.9 percent for 2019 and 5.2 percent for 2020, respectively.

See below how the 30-year fixed mortgage rate has been trending since 1971:


[1] Primary Mortgage Market Survey, Freddie Mac.

[2] Between 1971 and 2019.

View All
Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu